World Acceptance Corporation (NASDAQ:WRLD – Get Free Report) Director Benjamin Robinson III sold 90 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $160.00, for a total transaction of $14,400.00. Following the transaction, the director directly owned 4,836 shares of the company’s stock, valued at approximately $773,760. This represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
World Acceptance Stock Performance
Shares of WRLD traded up $5.93 during trading hours on Tuesday, reaching $165.84. 118,366 shares of the company traded hands, compared to its average volume of 138,419. The stock’s fifty day moving average is $144.56 and its 200 day moving average is $140.79. The stock has a market cap of $819.25 million, a P/E ratio of 22.47 and a beta of 1.16. The company has a debt-to-equity ratio of 1.64, a quick ratio of 25.01 and a current ratio of 25.01. World Acceptance Corporation has a 1-year low of $110.00 and a 1-year high of $185.48.
World Acceptance (NASDAQ:WRLD – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $7.70 EPS for the quarter, missing analysts’ consensus estimates of $7.74 by ($0.04). The company had revenue of $177.57 million for the quarter, compared to analyst estimates of $168.40 million. World Acceptance had a net margin of 5.98% and a return on equity of 9.17%.
Analysts Set New Price Targets
Read Our Latest Report on World Acceptance
Institutional Trading of World Acceptance
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Smith Thomas W bought a new stake in shares of World Acceptance in the 4th quarter valued at approximately $10,894,000. Millennium Management LLC lifted its position in shares of World Acceptance by 680.5% during the 4th quarter. Millennium Management LLC now owns 67,649 shares of the credit services provider’s stock worth $9,497,000 after buying an additional 58,982 shares during the period. Jane Street Group LLC lifted its position in shares of World Acceptance by 86.3% during the 4th quarter. Jane Street Group LLC now owns 44,301 shares of the credit services provider’s stock worth $6,219,000 after buying an additional 20,520 shares during the period. Bridgeway Capital Management LLC lifted its position in shares of World Acceptance by 33.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 57,928 shares of the credit services provider’s stock worth $9,565,000 after buying an additional 14,406 shares during the period. Finally, AQR Capital Management LLC lifted its position in shares of World Acceptance by 51.1% during the 2nd quarter. AQR Capital Management LLC now owns 41,380 shares of the credit services provider’s stock worth $6,833,000 after buying an additional 13,999 shares during the period. Institutional investors own 83.63% of the company’s stock.
About World Acceptance
World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.
The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.
Further Reading
- Five stocks we like better than World Acceptance
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Receive News & Ratings for World Acceptance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for World Acceptance and related companies with MarketBeat.com's FREE daily email newsletter.
