Insider Selling: World Acceptance Co. (NASDAQ:WRLD) SVP Sells $83,886.00 in Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Alice Lindsay Caulder sold 600 shares of World Acceptance stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $139.81, for a total transaction of $83,886.00. Following the completion of the sale, the senior vice president now owns 8,524 shares of the company’s stock, valued at $1,191,740.44. This represents a 6.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

World Acceptance Price Performance

NASDAQ WRLD opened at $142.22 on Thursday. The company has a 50-day moving average price of $121.20 and a 200-day moving average price of $118.52. World Acceptance Co. has a 52 week low of $101.85 and a 52 week high of $161.63. The company has a quick ratio of 19.53, a current ratio of 22.46 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $817.77 million, a P/E ratio of 9.93 and a beta of 1.46.

World Acceptance (NASDAQ:WRLD) last announced 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 net margin of 14.41% and a return on equity of 19.03%. Equities research analysts anticipate that World Acceptance Co. will post 13.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on WRLD shares. Stephens assumed coverage on shares of World Acceptance in a research report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 target price for the company. StockNews.com raised World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday, January 13th.

Hedge Funds Weigh In On World Acceptance

A number of institutional investors have recently bought and sold shares of the stock. Quest Partners LLC grew its holdings in World Acceptance by 2.7% during the third quarter. Quest Partners LLC now owns 3,519 shares of the credit services provider’s stock valued at $415,000 after purchasing an additional 93 shares during the period. FMR LLC increased its holdings in World Acceptance by 19.0% in the 3rd quarter. FMR LLC now owns 822 shares of the credit services provider’s stock worth $97,000 after acquiring an additional 131 shares in the last quarter. HighTower Advisors LLC raised 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 acquiring an additional 163 shares during the period. Principal Financial Group Inc. lifted its holdings in World Acceptance by 1.1% during the fourth quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider’s stock valued at $1,774,000 after purchasing an additional 176 shares in the last quarter. Finally, Wedge Capital Management L L P NC boosted its position in shares of World Acceptance by 8.8% in the third quarter. Wedge Capital Management L L P NC now owns 4,481 shares of the credit services provider’s stock worth $529,000 after purchasing an additional 362 shares during the period. 83.63% of the stock is owned by institutional investors.

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.