Nicholas Financial, Inc. (NASDAQ:NICK) CFO Kelly M. Malson acquired 2,040 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average price of $9.19 per share, with a total value of $18,747.60. Following the completion of the acquisition, the chief financial officer now directly owns 45,304 shares of the company’s stock, valued at approximately $416,343.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

NASDAQ:NICK traded down $0.19 during trading hours on Monday, reaching $9.01. The company’s stock had a trading volume of 119 shares, compared to its average volume of 4,177. Nicholas Financial, Inc. has a one year low of $7.92 and a one year high of $12.50.

Nicholas Financial (NASDAQ:NICK) last issued its quarterly earnings data on Wednesday, May 29th. The credit services provider reported ($0.60) earnings per share (EPS) for the quarter. Nicholas Financial had a negative return on equity of 3.68% and a negative net margin of 5.12%. The business had revenue of $16.40 million during the quarter.

A number of hedge funds have recently added to or reduced their stakes in the business. FMR LLC increased its position in Nicholas Financial by 0.4% during the 1st quarter. FMR LLC now owns 449,033 shares of the credit services provider’s stock worth $4,041,000 after purchasing an additional 1,622 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Nicholas Financial by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 508,401 shares of the credit services provider’s stock worth $5,287,000 after purchasing an additional 3,185 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in Nicholas Financial during the 4th quarter worth approximately $56,000. Institutional investors own 36.64% of the company’s stock.

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Nicholas Financial Company Profile

Nicholas Financial, Inc operates as a specialized consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products.

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