Insider Selling: World Acceptance Co. (NASDAQ:WRLD) SVP Sells 500 Shares of Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Jason E. Childers sold 500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $143.58, for a total value of $71,790.00. Following the transaction, the senior vice president now owns 8,039 shares of the company’s stock, valued at $1,154,239.62. This trade represents a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

World Acceptance Trading Up 1.4 %

WRLD opened at $152.25 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 19.53. The stock has a market capitalization of $875.44 million, a price-to-earnings ratio of 10.63 and a beta of 1.46. The business has a fifty day moving average price of $124.65 and a 200 day moving average price of $119.16. World Acceptance Co. has a 12 month low of $101.85 and a 12 month high of $161.63.

World Acceptance (NASDAQ:WRLD) last released its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $1.22. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. Sell-side analysts expect that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on WRLD shares. Stephens assumed coverage on shares of World Acceptance in a research report on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price target on the stock. StockNews.com upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday, January 13th.

Institutional Investors Weigh In On World Acceptance

Several institutional investors have recently modified their holdings of the company. KLP Kapitalforvaltning AS purchased a new position in World Acceptance in the fourth quarter valued at $56,000. FMR LLC increased its holdings in shares of World Acceptance by 19.0% in the 3rd quarter. FMR LLC now owns 822 shares of the credit services provider’s stock valued at $97,000 after acquiring an additional 131 shares during the last quarter. Amundi increased its holdings in shares of World Acceptance by 195.7% in the 4th quarter. Amundi now owns 1,591 shares of the credit services provider’s stock valued at $180,000 after acquiring an additional 1,053 shares during the last quarter. Wells Fargo & Company MN lifted its stake in World Acceptance by 48.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider’s stock worth $185,000 after purchasing an additional 539 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in World Acceptance by 10.0% in the third quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider’s stock valued at $211,000 after purchasing an additional 163 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.