Man behind OpenAI makes shocking new bet

Billionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.

Luke J. Umstetter net worth and biography

Luke Umstetter Biography and Net Worth

SVP of World Acceptance

Luke J. Umstetter is Senior Vice President, General Counsel, Secretary of the Company since August 27, 2018; General Counsel and Chief Compliance Officer for Shellpoint Mortgage Servicing from December 2015 to August 2018; General Counsel for Global Lending Services from May 2015 to December 2015; Managing Counsel for Resurgent Capital Services, June 2009 to May 2015.

What is Luke J. Umstetter's net worth?: The estimated net worth of Luke J. Umstetter is at least $1.33 million as of November 1st, 2024. Mr. Umstetter owns 11,370 shares of World Acceptance stock worth more than $1,326,765 as of November 21st. This net worth estimate does not reflect any other investments that Mr. Umstetter may own. Additionally, Mr. Umstetter receives a salary of $386,620.00 as SVP at World Acceptance. Learn More about Luke J. Umstetter's net worth.
How old is Luke J. Umstetter?: Mr. Umstetter is currently 44 years old. There are 7 older executives and no younger executives at World Acceptance. The oldest executive at World Acceptance is Mr. Jeff L. Tinney, Senior Vice President of Operations, who is 61 years old. Learn More on Luke J. Umstetter's age.
What is Luke J. Umstetter's salary?: As the SVP of World Acceptance Co., Mr. Umstetter earns $386,620.00 per year. There are 3 executives that earn more than Mr. Umstetter. The highest earning executive at World Acceptance is Mr. Ravin Chad Prashad, President, CEO & Director, who commands a salary of $882,460.00 per year. Learn More on Luke J. Umstetter's salary.
How do I contact Luke J. Umstetter?: The corporate mailing address for Mr. Umstetter and other World Acceptance executives is 108 FREDRICK STREET, GREENVILLE SC, 29606. World Acceptance can also be reached via phone at (864) 298-9800. Learn More on Luke J. Umstetter's contact information.
Has Luke J. Umstetter been buying or selling shares of World Acceptance?: Over the course of the past ninety days, Luke J. Umstetter has sold $62,865.00 in shares of World Acceptance stock. Most recently, Luke J. Umstetter sold 550 shares of the business's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $114.30, for a transaction totalling $62,865.00. Following the completion of the sale, the insider now directly owns 11,370 shares of the company's stock, valued at $1,299,591. Learn More on Luke J. Umstetter's trading history.
Who are World Acceptance's active insiders?: World Acceptance's insider roster includes John Calmes, Jr. (Insider), Alice Caulder (SVP), Jason Childers (SVP), Daniel Dyer (Insider), Scott McIntyre (SVP), R. Prashad (CEO), Luke Umstetter (SVP), Charles Way (Director), and Darrell Whitaker (Director). Learn More on World Acceptance's active insiders.
Are insiders buying or selling shares of World Acceptance?: During the last year, insiders at the credit services provider sold shares 4 times. They sold a total of 7,950 shares worth more than $914,739.00. The most recent insider tranaction occured on November, 1st when insider Luke J Umstetter sold 550 shares worth more than $62,865.00. Insiders at World Acceptance own 43.2% of the company. Learn More about insider trades at World Acceptance.
Information on this page was last updated on 11/1/2024.

Luke J. Umstetter Insider Trading History at World Acceptance

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/1/2024	Sell	550	$114.30	$62,865.00	11,370
8/1/2024	Sell	500	$120.78	$60,390.00	14,238
2/1/2024	Sell	400	$131.41	$52,564.00	15,188
4/1/2022	Sell	250	$193.69	$48,422.50
1/3/2022	Sell	250	$240.01	$60,002.50
10/1/2021	Sell	250	$189.09	$47,272.50
8/23/2021	Sell	1,000	$199.00	$199,000.00	23,358
1/15/2021	Sell	200	$142.85	$28,570.00	25,058
12/15/2020	Sell	200	$101.60	$20,320.00	25,258

Luke J. Umstetter Buying and Selling Activity at World Acceptance

World Acceptance Company Overview

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. It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.

Today's Range

Now: $116.13

$116.13

$117.50

50 Day Range

MA: $117.27

$110.80

$127.63

2 Week Range

Now: $116.13

$101.85

$149.31

Volume

5,162 shs

Average Volume

36,014 shs

Market Capitalization

$667.75 million

P/E Ratio

7.89

Dividend Yield

N/A

Beta

1.4

Man behind OpenAI makes shocking new bet

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Luke Umstetter Biography and Net Worth

What is Luke J. Umstetter's net worth?

How old is Luke J. Umstetter?

What is Luke J. Umstetter's salary?

How do I contact Luke J. Umstetter?

Has Luke J. Umstetter been buying or selling shares of World Acceptance?

Who are World Acceptance's active insiders?

Are insiders buying or selling shares of World Acceptance?