Credit Acceptance (NASDAQ:CACC) Insider Sells $2,095,721.87 in Stock

Posted by Brian Himes on Jun 26th, 2026

Credit Acceptance Corporation (NASDAQ:CACC – Get Free Report) insider Nicholas Elliott sold 3,487 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $601.01, for a total transaction of $2,095,721.87. Following the transaction, the insider owned 20,897 shares in the company, valued at $12,559,305.97. This represents a 14.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Credit Acceptance Stock Up 0.9%

CACC stock traded up $5.92 during trading on Friday, reaching $629.62. 204,962 shares of the stock were exchanged, compared to its average volume of 192,517. The firm’s 50 day moving average is $545.89 and its 200 day moving average is $494.88. The firm has a market cap of $6.59 billion, a P/E ratio of 15.65 and a beta of 1.38. The company has a current ratio of 13.62, a quick ratio of 13.62 and a debt-to-equity ratio of 4.09. Credit Acceptance Corporation has a twelve month low of $401.90 and a twelve month high of $638.55.

Credit Acceptance (NASDAQ:CACC – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $10.71 EPS for the quarter, missing the consensus estimate of $10.73 by ($0.02). Credit Acceptance had a net margin of 19.49% and a return on equity of 29.95%. The firm had revenue of $406.00 million for the quarter, compared to the consensus estimate of $580.77 million. During the same quarter in the prior year, the firm earned $9.35 EPS. The company’s revenue was up 1.6% compared to the same quarter last year. As a group, research analysts forecast that Credit Acceptance Corporation will post 47.5 EPS for the current year.

Hedge Funds Weigh In On Credit Acceptance

Institutional investors and hedge funds have recently bought and sold shares of the company. State of Wyoming purchased a new position in shares of Credit Acceptance in the fourth quarter worth about $27,000. Kestra Advisory Services LLC purchased a new position in Credit Acceptance during the 4th quarter valued at about $27,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Credit Acceptance by 53.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 69 shares of the credit services provider’s stock worth $31,000 after buying an additional 24 shares in the last quarter. Parallel Advisors LLC increased its holdings in Credit Acceptance by 590.0% during the 1st quarter. Parallel Advisors LLC now owns 69 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 59 shares during the period. Finally, Altshuler Shaham Ltd increased its holdings in shares of Credit Acceptance by 37.3% in the first quarter. Altshuler Shaham Ltd now owns 70 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 19 shares during the period. 81.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. TD Cowen lifted their target price on Credit Acceptance from $450.00 to $500.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Stephens increased their target price on shares of Credit Acceptance from $450.00 to $540.00 and gave the company an “equal weight” rating in a report on Friday, April 17th. Weiss Ratings upgraded shares of Credit Acceptance from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Finally, Zacks Research cut shares of Credit Acceptance from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, Credit Acceptance has a consensus rating of “Hold” and an average price target of $520.00.

View Our Latest Analysis on CACC

Credit Acceptance Company Profile

(Get Free Report)

Credit Acceptance Corporation, founded in 1972 and headquartered in Southfield, Michigan, is a specialty finance company focused on the indirect automotive lending market. The company partners with independent and franchised auto dealers to facilitate purchase financing for consumers who may not qualify for traditional prime auto loans. By purchasing retail installment contracts originated by these dealers, Credit Acceptance provides capital and credit insurance to support vehicle sales, enabling dealers to broaden their customer base and reduce credit risk.

Through its proprietary underwriting platform and risk management strategies, Credit Acceptance evaluates borrower applications, structures credit plans, and retains servicing rights on the acquired contracts.