World Acceptance (NASDAQ:WRLD) Insider Daniel Clinton Dyer Sells 8,857 Shares

World Acceptance Corporation (NASDAQ:WRLD) insider Daniel Clinton Dyer sold 8,857 shares of World Acceptance stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $149.00, for a total value of $1,319,693.00. Following the transaction, the insider owned 33,640 shares of the company’s stock, valued at $5,012,360. The trade was a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

World Acceptance Stock Performance

Shares of NASDAQ:WRLD traded up $1.06 during trading on Wednesday, hitting $147.90. 23,813 shares of the stock traded hands, compared to its average volume of 47,319. The company has a quick ratio of 24.16, a current ratio of 24.16 and a debt-to-equity ratio of 1.60. The company has a fifty day moving average price of $149.27 and a two-hundred day moving average price of $160.47. World Acceptance Corporation has a 52-week low of $104.99 and a 52-week high of $185.48. The company has a market cap of $745.39 million, a price-to-earnings ratio of 14.15 and a beta of 1.08.

World Acceptance (NASDAQ:WRLD) last released its quarterly earnings results on Thursday, October 23rd. The credit services provider reported ($0.38) EPS for the quarter, missing the consensus estimate of $1.87 by ($2.25). World Acceptance had a net margin of 10.00% and a return on equity of 13.65%. The firm had revenue of $120.12 million for the quarter, compared to analyst estimates of $127.85 million. As a group, equities analysts predict that World Acceptance Corporation will post 14 EPS for the current year.

Institutional Investors Weigh In On World Acceptance

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. PDT Partners LLC boosted its position in World Acceptance by 1.6% during the first quarter. PDT Partners LLC now owns 4,894 shares of the credit services provider’s stock worth $619,000 after acquiring an additional 78 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in World Acceptance by 4.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,044 shares of the credit services provider’s stock worth $259,000 after buying an additional 78 shares in the last quarter. First Trust Advisors LP grew its holdings in World Acceptance by 0.8% in the 2nd quarter. First Trust Advisors LP now owns 10,600 shares of the credit services provider’s stock valued at $1,750,000 after buying an additional 82 shares in the last quarter. Prudential Financial Inc. raised its holdings in shares of World Acceptance by 2.9% during the 2nd quarter. Prudential Financial Inc. now owns 3,480 shares of the credit services provider’s stock worth $575,000 after acquiring an additional 99 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of World Acceptance by 4.6% in the third quarter. Franklin Resources Inc. now owns 2,637 shares of the credit services provider’s stock valued at $446,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 83.63% of the company’s stock.

Analyst Upgrades and Downgrades

WRLD has been the subject of several research analyst reports. Zacks Research downgraded World Acceptance from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of World Acceptance in a report on Monday. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

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.