Donald Foss Biography and Net Worth

Major Shareholder of Credit Acceptance

Donald Foss is the founder and former chairman of subprime auto lender Credit Acceptance Corp. He launched the company in 1972 and was one of the first to offer loan programs that help dealers sell cars to customers with poor or no credit. Foss ran Credit Acceptance as CEO for three decades, taking it public in 1992. In early 2017 he stepped down as director of the company and retired.

What is Donald A. Foss' net worth?: The estimated net worth of Donald A. Foss is at least $816.86 million as of July 22nd, 2020. Mr. Foss owns 1,753,229 shares of Credit Acceptance stock worth more than $816,864,456 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Foss may own. Learn More about Donald A. Foss' net worth.
How do I contact Donald A. Foss?: The corporate mailing address for Mr. Foss and other Credit Acceptance executives is 25505 W. Twelve Mile Road, Southfield MI, 48034. Credit Acceptance can also be reached via phone at (248) 353-2700 and via email at [email protected]. Learn More on Donald A. Foss' contact information.
Has Donald A. Foss been buying or selling shares of Credit Acceptance?: Donald A. Foss has not been actively trading shares of Credit Acceptance over the course of the past ninety days. Most recently, Donald A. Foss sold 25,000 shares of the business's stock in a transaction on Thursday, November 4th. The shares were sold at an average price of $688.95, for a transaction totalling $17,223,750.00. Learn More on Donald A. Foss' trading history.
Who are Credit Acceptance's active insiders?: Credit Acceptance's insider roster includes Kenneth Booth (CEO, President & Director), Douglas Busk (Insider), Glenda Flanagan (Director), Donald Foss (Major Shareholder), Jonathan Lum (COO), Andrew Rostami (Insider), Wendy Rummler (Insider), Arthur Smith (Insider), Thomas Tryforos (Director), Daniel Ulatowski (Insider), and Jill Watson (Major Shareholder). Learn More on Credit Acceptance's active insiders.
Are insiders buying or selling shares of Credit Acceptance?: During the last twelve months, insiders at the credit services provider sold shares 4 times. They sold a total of 4,700 shares worth more than $2,524,742.00. The most recent insider tranaction occured on September, 9th when insider Thomas W Smith sold 1,200 shares worth more than $541,212.00. Insiders at Credit Acceptance own 5.3% of the company. Learn More about insider trades at Credit Acceptance.
Information on this page was last updated on 9/9/2024.

Donald A. Foss Insider Trading History at Credit Acceptance

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/4/2021	Sell	25,000	$688.95	$17,223,750.00
11/2/2021	Sell	2,000	$670.94	$1,341,880.00
7/22/2020	Sell	6,175	$451.45	$2,787,703.75	1,753,229
7/15/2020	Sell	10,000	$443.58	$4,435,800.00	1,776,342
7/13/2020	Sell	2,379	$437.96	$1,041,906.84	1,776,342
7/8/2020	Sell	9,775	$433.58	$4,238,244.50	1,778,721
6/5/2020	Sell	10,000	$484.63	$4,846,300.00	1,808,496
6/3/2020	Sell	10,000	$412.40	$4,124,000.00	1,808,496
5/26/2020	Sell	8,066	$353.94	$2,854,880.04	1,818,496
5/8/2020	Sell	10,000	$331.03	$3,310,300.00	1,826,562
4/28/2020	Sell	3,559	$300.84	$1,070,689.56	1,866,562
4/8/2020	Sell	11,309	$278.37	$3,148,086.33	1,907,710
4/6/2020	Sell	30,000	$249.66	$7,489,800.00	1,939,960
4/2/2020	Sell	5,170	$240.78	$1,244,832.60	1,939,960
3/26/2020	Sell	3,200	$307.90	$985,280.00	1,965,796
3/24/2020	Sell	17,366	$259.27	$4,502,482.82	1,965,796
3/19/2020	Sell	10,000	$291.09	$2,910,900.00	1,975,796
3/10/2020	Sell	10,827	$436.20	$4,722,737.40	1,986,915
3/6/2020	Sell	200	$432.74	$86,548.00	1,997,115
3/4/2020	Sell	10,000	$432.22	$4,322,200.00	1,997,115
2/7/2017	Sell	660,000	$194.00	$128,040,000.00	3,254,492
12/30/2016	Sell	404	$220.20	$88,960.80	3,914,796
12/27/2016	Sell	405	$220.17	$89,168.85	3,915,101
3/10/2016	Sell	400	$220.11	$88,044.00	3,918,444
10/23/2014	Sell	430,967	$125.54	$54,103,597.18
9/5/2012	Sell	240,000	$91.02	$21,844,800.00

Donald A. Foss Buying and Selling Activity at Credit Acceptance

Credit Acceptance Company Overview

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.

Today's Range

Now: $460.02

$447.82

$470.10

50 Day Range

MA: $450.10

$417.33

$480.90

2 Week Range

Now: $460.02

$409.22

$616.66

Volume

143,500 shs

Average Volume

59,304 shs

Market Capitalization

$5.57 billion

P/E Ratio

30.89

Dividend Yield

N/A

Beta

1.42

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