Atlanticus (NASDAQ:ATLC) Shares Gap Up on Analyst Upgrade

Posted by Geri Gentry on Jul 15th, 2026

Atlanticus Holdings Corporation (NASDAQ:ATLC – Get Free Report)’s stock price gapped up prior to trading on Monday after Texas Capital upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $99.26, but opened at $103.81. Atlanticus shares last traded at $101.42, with a volume of 16,704 shares changing hands.

A number of other equities research analysts have also recently weighed in on ATLC. Zacks Research raised Atlanticus from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Capital One Financial set a $144.00 price objective on Atlanticus in a research note on Monday. BTIG Research increased their target price on Atlanticus from $105.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. B. Riley Financial restated a “buy” rating on shares of Atlanticus in a research note on Thursday, May 14th. Finally, HSBC set a $144.00 price target on Atlanticus in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Atlanticus has a consensus rating of “Buy” and a consensus target price of $126.00.

Read Our Latest Report on Atlanticus

Insider Transactions at Atlanticus

In other Atlanticus news, major shareholder Frank J. Hanna III sold 15,676 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $104.26, for a total transaction of $1,634,379.76. Following the transaction, the insider directly owned 259,392 shares in the company, valued at approximately $27,044,209.92. This represents a 5.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jeffrey A. Howard sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $103.01, for a total transaction of $1,030,100.00. Following the completion of the transaction, the chief executive officer directly owned 663,265 shares in the company, valued at $68,322,927.65. This trade represents a 1.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 75,000 shares of company stock valued at $7,868,627. 51.00% of the stock is owned by company insiders.

Institutional Trading of Atlanticus

A number of institutional investors have recently bought and sold shares of ATLC. HB Wealth Management LLC grew its position in shares of Atlanticus by 1,761.6% during the 1st quarter. HB Wealth Management LLC now owns 118,788 shares of the credit services provider’s stock worth $6,233,000 after buying an additional 112,407 shares during the period. Denali Advisors LLC grew its holdings in Atlanticus by 83.8% during the fourth quarter. Denali Advisors LLC now owns 15,222 shares of the credit services provider’s stock valued at $1,019,000 after purchasing an additional 6,941 shares during the period. UBS Group AG increased its stake in Atlanticus by 333.2% in the fourth quarter. UBS Group AG now owns 37,582 shares of the credit services provider’s stock valued at $2,516,000 after purchasing an additional 28,907 shares in the last quarter. Los Angeles Capital Management LLC increased its stake in Atlanticus by 28.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 31,265 shares of the credit services provider’s stock valued at $2,093,000 after purchasing an additional 6,970 shares in the last quarter. Finally, Inspire Investing LLC acquired a new stake in Atlanticus in the first quarter worth $87,000. Institutional investors and hedge funds own 14.15% of the company’s stock.

Atlanticus Trading Up 1.3%

The company’s fifty day simple moving average is $90.34 and its two-hundred day simple moving average is $70.58. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 14.60 and a beta of 2.11. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08.

Atlanticus (NASDAQ:ATLC – Get Free Report) last announced 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. Atlanticus had a net margin of 5.86% and a return on equity of 23.43%. The company had revenue of $679.59 million during the quarter, compared to analyst estimates of $749.36 million. Research analysts forecast that Atlanticus Holdings Corporation will post 9.48 earnings per share for the current fiscal year.

Atlanticus Company Profile

(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.