Insider Selling: World Acceptance Co. (NASDAQ:WRLD) SVP Sells 600 Shares of Stock

World Acceptance Co. (NASDAQ:WRLD - Get Free Report) SVP Alice Lindsay Caulder sold 600 shares of World Acceptance stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $139.81, for a total value of $83,886.00. Following the sale, the senior vice president now directly owns 8,524 shares of the company's stock, valued at approximately $1,191,740.44. This represents a 6.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

World Acceptance Price Performance

Shares of NASDAQ WRLD traded up $0.24 during mid-day trading on Thursday, reaching $142.46. The company's stock had a trading volume of 15,289 shares, compared to its average volume of 25,510. World Acceptance Co. has a 1-year low of $101.85 and a 1-year high of $161.63. The stock has a market capitalization of $819.15 million, a P/E ratio of 9.95 and a beta of 1.46. The company has a debt-to-equity ratio of 1.31, a quick ratio of 19.53 and a current ratio of 22.46. The stock has a 50-day moving average of $121.20 and a two-hundred day moving average of $118.52.

World Acceptance (NASDAQ:WRLD - Get Free Report) last posted its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $1.22. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. On average, equities research analysts anticipate that World Acceptance Co. will post 13.61 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on WRLD shares. Stephens assumed coverage on World Acceptance in a report on Wednesday, November 13th. They set an "equal weight" rating and a $10.00 target price on the stock. StockNews.com upgraded shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a research report on Monday, January 13th.

Hedge Funds Weigh In On World Acceptance

Several institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC increased its position in shares of World Acceptance by 38.0% during the second quarter. AQR Capital Management LLC now owns 40,475 shares of the credit services provider's stock worth $5,002,000 after acquiring an additional 11,135 shares during the period. Bank of New York Mellon Corp grew its stake in World Acceptance by 10.6% during the 4th quarter. Bank of New York Mellon Corp now owns 32,681 shares of the credit services provider's stock worth $3,675,000 after buying an additional 3,141 shares during the last quarter. Empowered Funds LLC increased its position in World Acceptance by 5.0% during the fourth quarter. Empowered Funds LLC now owns 22,497 shares of the credit services provider's stock worth $2,530,000 after buying an additional 1,067 shares during the period. Millennium Management LLC lifted its stake in World Acceptance by 125.2% in the second quarter. Millennium Management LLC now owns 22,184 shares of the credit services provider's stock valued at $2,741,000 after buying an additional 12,333 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of World Acceptance by 49.6% in the third quarter. JPMorgan Chase & Co. now owns 21,774 shares of the credit services provider's stock valued at $2,569,000 after acquiring an additional 7,223 shares during the period. 83.63% of the stock is owned by institutional investors and hedge funds.

World Acceptance Company Profile

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.