World Acceptance Co. (NASDAQ:WRLD - Get Free Report) insider Luke J. Umstetter sold 550 shares of the firm's stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $114.30, for a total value of $62,865.00. Following the completion of the transaction, the insider now owns 11,370 shares in the company, valued at approximately $1,299,591. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
World Acceptance Stock Performance
NASDAQ:WRLD opened at $113.05 on Tuesday. The firm has a market capitalization of $661.91 million, a PE ratio of 7.69 and a beta of 1.40. World Acceptance Co. has a 12 month low of $100.92 and a 12 month high of $149.31. The company has a debt-to-equity ratio of 1.21, a current ratio of 19.53 and a quick ratio of 17.02. The business's fifty day moving average price is $116.47 and its 200 day moving average price is $123.08.
Institutional Investors Weigh In On World Acceptance
A number of institutional investors and hedge funds have recently made changes to their positions in WRLD. Point72 DIFC Ltd acquired a new position in shares of World Acceptance during the 2nd quarter worth $47,000. CWM LLC boosted its stake in shares of World Acceptance by 122.4% in the second quarter. CWM LLC now owns 585 shares of the credit services provider's stock valued at $72,000 after purchasing an additional 322 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in World Acceptance during the 2nd quarter valued at approximately $140,000. Hancock Whitney Corp increased its position in shares of World Acceptance by 12.7% in the 2nd quarter. Hancock Whitney Corp now owns 1,815 shares of the credit services provider's stock worth $224,000 after purchasing an additional 205 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in World Acceptance during the first quarter worth $242,000. 83.63% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
WaveBot: The Automated Trading Tool for This Bull Market
From Crypto Swap Profits | Ad
The 4th quarter of 2024 is shaping up to be one of the most explosive periods for crypto in recent memory. But here’s the thing: most people won’t be able to keep up with the pace of the market.
That’s why I want to tell you about WaveBot – an automated trading tool created by my good friends Joel and Adam.
Register for the FREE Workshop Now & get $10 in Bitcoin
Separately, StockNews.com cut World Acceptance from a "strong-buy" rating to a "buy" rating in a report on Friday, July 19th.
Check Out Our Latest Analysis on World Acceptance
About World Acceptance
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
