Atlanticus Holdings Corporation (NASDAQ:ATLC – Get Free Report) CAO Mitchell Saunders sold 10,000 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $102.20, for a total transaction of $1,022,000.00. Following the completion of the transaction, the chief accounting officer owned 46,273 shares in the company, valued at approximately $4,729,100.60. The trade was a 17.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Atlanticus Stock Performance
Shares of Atlanticus stock opened at $96.40 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.08. The business has a 50-day moving average price of $87.72 and a two-hundred day moving average price of $69.15. Atlanticus Holdings Corporation has a 1-year low of $45.74 and a 1-year high of $112.61. The company has a market cap of $1.46 billion, a P/E ratio of 14.39 and a beta of 2.11.
Atlanticus (NASDAQ:ATLC – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The credit services provider reported $2.23 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.54. The firm had revenue of $679.59 million during the quarter, compared to analyst estimates of $749.36 million. Atlanticus had a return on equity of 23.43% and a net margin of 5.86%. As a group, analysts anticipate that Atlanticus Holdings Corporation will post 9.48 EPS for the current year.
Institutional Trading of Atlanticus
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Wall Street Zen downgraded Atlanticus from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Texas Capital upgraded Atlanticus to a “hold” rating in a report on Wednesday, June 10th. Zacks Research upgraded shares of Atlanticus from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. B. Riley Financial reiterated a “buy” rating on shares of Atlanticus in a research report on Thursday, May 14th. Finally, William Blair set a $100.00 target price on shares of Atlanticus in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $119.75.
Read Our Latest Research Report on Atlanticus
Atlanticus Company Profile
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.
Featured Stories
- Five stocks we like better than Atlanticus
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
Receive News & Ratings for Atlanticus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanticus and related companies with MarketBeat.com's FREE daily email newsletter.
