Scott Mcintyre Sells 2,000 Shares of World Acceptance Co. (NASDAQ:WRLD) Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Scott Mcintyre sold 2,000 shares of World Acceptance stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $150.22, for a total value of $300,440.00. Following the transaction, the senior vice president now owns 7,183 shares of the company’s stock, valued at $1,079,030.26. This represents a 21.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

World Acceptance Stock Performance

NASDAQ:WRLD opened at $147.13 on Thursday. The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 22.46. The firm has a 50-day moving average of $126.38 and a two-hundred day moving average of $119.84. The stock has a market cap of $846.00 million, a P/E ratio of 10.27 and a beta of 1.46. World Acceptance Co. has a 1-year low of $101.85 and a 1-year high of $161.63.

World Acceptance (NASDAQ:WRLD) last posted its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, beating 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%. On average, research analysts expect that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WRLD. Stephens began coverage on shares of World Acceptance in a research note on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price objective for the company. StockNews.com raised shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 13th.

Hedge Funds Weigh In On World Acceptance

A number of large investors have recently bought and sold shares of WRLD. GSA Capital Partners LLP lifted its holdings in World Acceptance by 27.4% in the third quarter. GSA Capital Partners LLP now owns 11,663 shares of the credit services provider’s stock worth $1,376,000 after acquiring an additional 2,511 shares during the last quarter. Royce & Associates LP bought a new stake in shares of World Acceptance during the third quarter valued at approximately $627,000. Empowered Funds LLC raised its holdings in shares of World Acceptance by 5.3% during the third quarter. Empowered Funds LLC now owns 21,430 shares of the credit services provider’s stock valued at $2,528,000 after buying an additional 1,072 shares during the last quarter. Quest Partners LLC raised its holdings in shares of World Acceptance by 2.7% during the third quarter. Quest Partners LLC now owns 3,519 shares of the credit services provider’s stock valued at $415,000 after buying an additional 93 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of World Acceptance during the third quarter valued at approximately $275,000. Institutional investors own 83.63% of the company’s stock.

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.