Jason E. Childers Sells 500 Shares of World Acceptance Co. (NASDAQ:WRLD) Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Jason E. Childers sold 500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $143.58, for a total transaction of $71,790.00. Following the transaction, the senior vice president now directly owns 8,039 shares of the company’s stock, valued at $1,154,239.62. This represents a 5.86 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

World Acceptance Stock Performance

NASDAQ:WRLD opened at $150.09 on Friday. World Acceptance Co. has a 12-month low of $101.85 and a 12-month high of $161.63. The company has a quick ratio of 19.53, a current ratio of 22.46 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $863.02 million, a PE ratio of 10.48 and a beta of 1.46. The firm has a 50-day moving average price of $124.04 and a 200 day moving average price of $118.95.

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

Wall Street Analyst Weigh In

WRLD has been the subject of a number of research analyst reports. StockNews.com raised shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research report on Monday, January 13th. Stephens assumed coverage on shares of World Acceptance in a research report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 price target for the company.

Institutional Trading of World Acceptance

Hedge funds have recently modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of World Acceptance during the fourth quarter worth approximately $56,000. FMR LLC increased its holdings in shares of World Acceptance by 19.0% during the third quarter. FMR LLC now owns 822 shares of the credit services provider’s stock worth $97,000 after buying an additional 131 shares in the last quarter. Amundi increased its holdings in shares of World Acceptance by 195.7% during the fourth quarter. Amundi now owns 1,591 shares of the credit services provider’s stock worth $180,000 after buying an additional 1,053 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of 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 buying an additional 539 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of World Acceptance by 10.0% during the third quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider’s stock worth $211,000 after buying an additional 163 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

About World Acceptance

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.