World Acceptance Co. (NASDAQ:WRLD) SVP Sells $71,790.00 in Stock

World Acceptance Co. (NASDAQ:WRLD - Get Free Report) SVP Jason E. Childers sold 500 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $143.58, for a total value of $71,790.00. Following the completion of the transaction, the senior vice president now owns 8,039 shares of the company's stock, valued at $1,154,239.62. The trade was a 5.86 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

World Acceptance Price Performance

NASDAQ:WRLD traded up $2.16 during trading hours on Monday, reaching $152.25. 32,063 shares of the company traded hands, compared to its average volume of 25,909. World Acceptance Co. has a 1-year low of $101.85 and a 1-year high of $161.63. The stock has a market cap of $875.44 million, a P/E ratio of 10.63 and a beta of 1.46. The firm's 50-day moving average is $125.29 and its 200-day moving average is $119.37. The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 19.53.

World Acceptance (NASDAQ:WRLD - Get Free Report) last announced its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share for the quarter, beating 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%. Equities research analysts expect that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On World Acceptance

Institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of World Acceptance during the 4th quarter worth $1,878,000. Voleon Capital Management LP purchased a new stake in shares of World Acceptance during the 4th quarter worth about $1,728,000. Proficio Capital Partners LLC acquired a new stake in World Acceptance during the 4th quarter worth approximately $1,504,000. Integrated Quantitative Investments LLC acquired a new position in World Acceptance during the fourth quarter valued at approximately $1,082,000. Finally, JPMorgan Chase & Co. grew its stake in World Acceptance by 42.2% during the fourth quarter. JPMorgan Chase & Co. now owns 30,968 shares of the credit services provider's stock worth $3,482,000 after buying an additional 9,194 shares during the period. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on WRLD shares. Stephens began coverage on World Acceptance in a research note on Wednesday, November 13th. They issued an "equal weight" rating and a $10.00 price objective for the company. StockNews.com upgraded shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a research report on Monday, January 13th.

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.