Atlanticus (NASDAQ:ATLC) Major Shareholder Sells 1,005 Shares of Stock

Posted by Geri Gentry on Jul 1st, 2026

Atlanticus Holdings Corporation (NASDAQ:ATLC – Get Free Report) major shareholder Frank Hanna III sold 1,005 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $105.00, for a total value of $105,525.00. Following the completion of the transaction, the insider owned 283,387 shares in the company, valued at $29,755,635. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Atlanticus Trading Up 1.5%

Shares of ATLC traded up $1.50 during mid-day trading on Wednesday, reaching $103.75. The company’s stock had a trading volume of 242,344 shares, compared to its average volume of 178,765. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. Atlanticus Holdings Corporation has a 52 week low of $45.74 and a 52 week high of $112.61. The stock has a market cap of $1.57 billion, a PE ratio of 15.49 and a beta of 2.11. The company’s fifty day moving average price is $86.80 and its two-hundred day moving average price is $68.74.

Atlanticus (NASDAQ:ATLC – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The credit services provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.54. Atlanticus had a return on equity of 23.43% and a net margin of 5.86%.The company had revenue of $679.59 million during the quarter, compared to analyst estimates of $749.36 million. On average, analysts predict that Atlanticus Holdings Corporation will post 9.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. William Blair set a $100.00 price target on Atlanticus in a report on Wednesday, June 10th. Zacks Research raised shares of Atlanticus from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Citizens Jmp increased their target price on Atlanticus from $100.00 to $102.00 and gave the stock a “market outperform” rating in a research note on Tuesday, March 17th. Texas Capital raised Atlanticus to a “hold” rating in a research report on Wednesday, June 10th. Finally, BTIG Research raised their price target on shares of Atlanticus from $105.00 to $179.00 and gave the company a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Atlanticus presently has an average rating of “Moderate Buy” and a consensus price target of $119.75.

View Our Latest Analysis on Atlanticus

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Atlanticus by 18.1% in the 1st quarter. Bank of America Corp DE now owns 6,280 shares of the credit services provider’s stock valued at $330,000 after acquiring an additional 963 shares during the last quarter. Empowered Funds LLC raised its position in Atlanticus by 7.0% in the first quarter. Empowered Funds LLC now owns 69,309 shares of the credit services provider’s stock valued at $3,637,000 after purchasing an additional 4,556 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Atlanticus by 11.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 8,701 shares of the credit services provider’s stock worth $471,000 after acquiring an additional 918 shares in the last quarter. Range Financial Group LLC lifted its position in shares of Atlanticus by 5.8% during the first quarter. Range Financial Group LLC now owns 4,526 shares of the credit services provider’s stock worth $237,000 after purchasing an additional 247 shares in the last quarter. Finally, HB Wealth Management LLC grew its stake in shares of Atlanticus by 1,761.6% in the first quarter. HB Wealth Management LLC now owns 118,788 shares of the credit services provider’s stock worth $6,233,000 after acquiring an additional 112,407 shares in the last quarter. Hedge funds and other institutional investors own 14.15% of the company’s stock.

About Atlanticus

(Get Free Report)

Atlanticus Holdings Corporation is a specialty financial services holding company that provides credit products and solutions to consumers across the United States. Through its subsidiaries, the company offers proprietary credit card programs, installment loan products and deposit accounts designed to serve customers who may have limited access to traditional credit. Atlanticus markets its offerings through a variety of channels, including direct‐to‐consumer online platforms, mail order, call centers and partnerships with retail and e-commerce businesses.

The company underwrites and services credit card portfolios under private-label and co-branded agreements, combining technology‐enabled underwriting with tailored customer service.