Benjamin Robinson III Sells 90 Shares of World Acceptance (NASDAQ:WRLD) Stock

World Acceptance Corporation (NASDAQ:WRLD) Director Benjamin Robinson III sold 90 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $160.00, for a total transaction of $14,400.00. Following the sale, the director owned 4,836 shares of the company’s stock, valued at approximately $773,760. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

World Acceptance Price Performance

WRLD opened at $166.93 on Thursday. The company has a quick ratio of 25.01, a current ratio of 25.01 and a debt-to-equity ratio of 1.64. World Acceptance Corporation has a 52-week low of $110.00 and a 52-week high of $185.48. The company has a 50 day moving average of $145.89 and a two-hundred day moving average of $141.28. The company has a market cap of $824.63 million, a P/E ratio of 22.62 and a beta of 1.16.

World Acceptance (NASDAQ:WRLD) last released its quarterly earnings data on Thursday, April 30th. The credit services provider reported $7.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.74 by ($0.04). World Acceptance had a return on equity of 9.17% and a net margin of 5.98%.The business had revenue of $164.89 million for the quarter, compared to analysts’ expectations of $168.40 million.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of World Acceptance in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. iSAM Funds UK Ltd purchased a new position in shares of World Acceptance in the third quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its stake in shares of World Acceptance by 102.4% in the first quarter. EverSource Wealth Advisors LLC now owns 255 shares of the credit services provider’s stock valued at $34,000 after purchasing an additional 129 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of World Acceptance by 241.2% in the third quarter. Russell Investments Group Ltd. now owns 331 shares of the credit services provider’s stock valued at $56,000 after purchasing an additional 234 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of World Acceptance by 103.2% in the second quarter. Tower Research Capital LLC TRC now owns 569 shares of the credit services provider’s stock valued at $94,000 after purchasing an additional 289 shares during the period. Finally, Aquatic Capital Management LLC purchased a new position in shares of World Acceptance in the third quarter valued at $138,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

World Acceptance Company Profile

World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.

The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.