Insider Selling: World Acceptance (NASDAQ:WRLD) Insider Sells 89 Shares of Stock

World Acceptance Corporation (NASDAQ:WRLD) insider Daniel Clinton Dyer sold 89 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $150.00, for a total value of $13,350.00. Following the sale, the insider owned 42,497 shares in the company, valued at $6,374,550. This represents a 0.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Daniel Clinton Dyer also recently made the following trade(s):

• On Tuesday, December 16th, Daniel Clinton Dyer sold 8,857 shares of World Acceptance stock. The shares were sold at an average price of $149.00, for a total value of $1,319,693.00.

World Acceptance Trading Up 0.8%

WRLD stock traded up $1.13 during midday trading on Wednesday, hitting $147.97. The stock had a trading volume of 43,419 shares, compared to its average volume of 47,359. World Acceptance Corporation has a 1-year low of $104.99 and a 1-year high of $185.48. The company has a current ratio of 24.16, a quick ratio of 24.16 and a debt-to-equity ratio of 1.60. The business has a fifty day moving average price of $149.27 and a two-hundred day moving average price of $160.47. The firm has a market cap of $745.74 million, a P/E ratio of 14.16 and a beta of 1.08.

World Acceptance (NASDAQ:WRLD) last released its quarterly earnings data on Thursday, October 23rd. The credit services provider reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.87 by ($2.25). World Acceptance had a return on equity of 13.65% and a net margin of 10.00%.The company had revenue of $120.12 million for the quarter, compared to the consensus estimate of $127.85 million. On average, sell-side analysts predict that World Acceptance Corporation will post 14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WRLD has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of World Acceptance in a research report on Monday. Zacks Research lowered World Acceptance from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, World Acceptance has an average rating of “Reduce”.

Institutional Trading of World Acceptance

A number of hedge funds and other institutional investors have recently modified their holdings of WRLD. iSAM Funds UK Ltd bought a new position in World Acceptance during the 3rd quarter valued at approximately $30,000. Russell Investments Group Ltd. boosted its position in World Acceptance by 241.2% in the third quarter. Russell Investments Group Ltd. now owns 331 shares of the credit services provider’s stock worth $56,000 after purchasing an additional 234 shares during the last quarter. Tower Research Capital LLC TRC grew its position in World Acceptance by 103.2% during the second quarter. Tower Research Capital LLC TRC now owns 569 shares of the credit services provider’s stock valued at $94,000 after buying an additional 289 shares during the period. KLP Kapitalforvaltning AS increased its stake in shares of World Acceptance by 60.0% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 800 shares of the credit services provider’s stock worth $132,000 after purchasing an additional 300 shares in the last quarter. Finally, Aquatic Capital Management LLC bought a new position in shares of World Acceptance during the 3rd quarter valued at approximately $138,000. 83.63% of the stock is owned by hedge funds and other institutional investors.

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.