World Acceptance Co. (NASDAQ:WRLD) SVP Sells $300,440.00 in Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Scott Mcintyre sold 2,000 shares of World Acceptance stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $150.22, for a total transaction of $300,440.00. Following the completion of the sale, the senior vice president now directly owns 7,183 shares in the company, valued at approximately $1,079,030.26. The trade was a 21.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

World Acceptance Price Performance

WRLD stock traded down $1.37 during trading on Tuesday, reaching $150.88. 4,283 shares of the company were exchanged, compared to its average volume of 25,791. The company has a market cap of $867.56 million, a P/E ratio of 10.54 and a beta of 1.46. World Acceptance Co. has a 52-week low of $101.85 and a 52-week high of $161.63. The stock’s 50 day moving average price is $125.29 and its 200 day moving average price is $119.37. The company has a debt-to-equity ratio of 1.31, a quick ratio of 19.53 and a current ratio of 22.46.

World Acceptance (NASDAQ:WRLD) last released its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $1.22. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. As a group, analysts predict that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WRLD. Stephens began coverage on shares of World Acceptance in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 target price on the stock. StockNews.com raised shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday, January 13th.

Institutional Trading of World Acceptance

Institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of World Acceptance in the fourth quarter valued at approximately $1,878,000. Voleon Capital Management LP acquired a new stake in shares of World Acceptance in the fourth quarter valued at approximately $1,728,000. Proficio Capital Partners LLC acquired a new stake in shares of World Acceptance in the fourth quarter valued at approximately $1,504,000. Integrated Quantitative Investments LLC acquired a new stake in shares of World Acceptance in the fourth quarter valued at approximately $1,082,000. Finally, JPMorgan Chase & Co. grew its position in shares of World Acceptance by 42.2% in the fourth quarter. JPMorgan Chase & Co. now owns 30,968 shares of the credit services provider’s stock valued at $3,482,000 after purchasing an additional 9,194 shares during the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

About World Acceptance

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.