Atlanticus (NASDAQ:ATLC) Major Shareholder Frank Hanna III Sells 8,319 Shares

Posted by on Jul 2nd, 2026

Atlanticus Holdings Corporation (NASDAQ:ATLC – Get Free Report) major shareholder Frank Hanna III sold 8,319 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $103.08, for a total transaction of $857,522.52. Following the sale, the insider owned 275,068 shares in the company, valued at approximately $28,354,009.44. The trade was a 2.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Atlanticus Price Performance

Shares of NASDAQ ATLC opened at $103.75 on Thursday. The firm has a market cap of $1.57 billion, a PE ratio of 15.49 and a beta of 2.11. 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 1-year low of $45.74 and a 1-year high of $112.61. The company has a fifty day moving average price of $86.80 and a 200 day moving average price of $68.74.

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

Institutional Trading of Atlanticus

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new stake in shares of Atlanticus during the 3rd quarter worth approximately $47,000. Jones Financial Companies Lllp acquired a new position in shares of Atlanticus during the 1st quarter worth about $71,000. Inspire Investing LLC acquired a new position in shares of Atlanticus during the 1st quarter worth about $87,000. BNP Paribas Financial Markets raised its holdings in shares of Atlanticus by 334.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,735 shares of the credit services provider’s stock valued at $95,000 after purchasing an additional 1,336 shares during the period. Finally, State of Alaska Department of Revenue bought a new stake in shares of Atlanticus in the 4th quarter valued at about $105,000. Institutional investors own 14.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ATLC shares. Citizens Jmp lifted their target price on Atlanticus from $100.00 to $102.00 and gave the company a “market outperform” rating in a research report on Tuesday, March 17th. Wall Street Zen cut shares of Atlanticus from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. Texas Capital upgraded shares of Atlanticus to a “hold” rating 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 report on Monday, April 20th. Finally, Weiss Ratings upgraded shares of Atlanticus from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. One equities 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. Based on data from MarketBeat, Atlanticus currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.75.

Read Our Latest Research Report on ATLC

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.

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