Insider Selling: World Acceptance Co. (NASDAQ:WRLD) SVP Sells 2,000 Shares of Stock

World Acceptance Co. (NASDAQ:WRLD - Get Free Report) SVP Scott Mcintyre sold 2,000 shares of the business's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $150.22, for a total value of $300,440.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

World Acceptance Stock Down 3.3 %

Shares of NASDAQ WRLD traded down $4.83 during trading on Friday, reaching $139.94. 34,053 shares of the stock were exchanged, compared to its average volume of 27,925. World Acceptance Co. has a twelve month low of $101.85 and a twelve month high of $161.63. The company has a market capitalization of $804.66 million, a price-to-earnings ratio of 9.77 and a beta of 1.46. The company has a quick ratio of 22.46, a current ratio of 22.46 and a debt-to-equity ratio of 1.31. The business's 50-day moving average price is $127.37 and its 200 day moving average price is $120.25.

World Acceptance (NASDAQ:WRLD - Get Free Report) last released its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, topping the consensus estimate 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, equities analysts forecast that World Acceptance Co. will post 14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. KLP Kapitalforvaltning AS bought a new position in World Acceptance in the fourth quarter worth about $56,000. FMR LLC raised its position in shares of World Acceptance by 19.0% during the 3rd quarter. FMR LLC now owns 822 shares of the credit services provider's stock worth $97,000 after purchasing an additional 131 shares during the period. Amundi lifted its holdings in shares of World Acceptance by 195.7% in the 4th quarter. Amundi now owns 1,591 shares of the credit services provider's stock worth $180,000 after purchasing an additional 1,053 shares during the last quarter. Wells Fargo & Company MN boosted its position in World Acceptance by 48.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider's stock valued at $185,000 after purchasing an additional 539 shares during the period. Finally, HighTower Advisors LLC grew its stake in World Acceptance by 10.0% during the 3rd quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider's stock worth $211,000 after buying an additional 163 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. StockNews.com raised shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a research note on Monday, January 13th. Stephens initiated coverage on shares of World Acceptance in a research note on Wednesday, November 13th. They issued an "equal weight" rating and a $10.00 price objective on the stock.

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.