World Acceptance (NASDAQ:WRLD) Insider Sells $141,880.00 in Stock

World Acceptance Corporation (NASDAQ:WRLD) insider John Calmes, Jr. sold 1,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $141.88, for a total transaction of $141,880.00. Following the completion of the sale, the insider directly owned 50,334 shares in the company, valued at approximately $7,141,387.92. This represents a 1.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

World Acceptance Stock Down 1.7%

Shares of WRLD stock opened at $133.81 on Friday. The company has a current ratio of 25.01, a quick ratio of 25.01 and a debt-to-equity ratio of 1.64. World Acceptance Corporation has a 1 year low of $104.99 and a 1 year high of $185.48. The firm’s fifty day moving average price is $134.15 and its two-hundred day moving average price is $148.68. The firm has a market capitalization of $661.02 million, a P/E ratio of 17.13 and a beta of 1.20.

World Acceptance (NASDAQ:WRLD) last posted its quarterly earnings data on Tuesday, January 27th. The credit services provider reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.77). The business had revenue of $128.47 million for the quarter, compared to analyst estimates of $133.49 million. World Acceptance had a return on equity of 10.80% and a net margin of 7.46%. On average, equities analysts predict that World Acceptance Corporation will post 14 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on WRLD. Zacks Research raised World Acceptance from a “strong sell” rating to a “hold” rating in a research report on Monday, December 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of World Acceptance in a research note on Monday, December 29th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, World Acceptance currently has an average rating of “Hold”.

Hedge Funds Weigh In On World Acceptance

A number of hedge funds and other institutional investors have recently bought and sold shares of WRLD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 during the last quarter. Empowered Funds LLC raised its stake in World Acceptance by 4.1% in the first quarter. Empowered Funds LLC now owns 23,422 shares of the credit services provider’s stock valued at $2,964,000 after buying an additional 925 shares during the period. Geode Capital Management LLC lifted its position in shares of World Acceptance by 6.1% in the second quarter. Geode Capital Management LLC now owns 84,846 shares of the credit services provider’s stock valued at $14,011,000 after buying an additional 4,869 shares during the last quarter. Creative Planning boosted its stake in shares of World Acceptance by 70.6% during the 2nd quarter. Creative Planning now owns 4,850 shares of the credit services provider’s stock worth $801,000 after acquiring an additional 2,007 shares during the period. Finally, Integrated Quantitative Investments LLC boosted its stake in shares of World Acceptance by 44.2% during the 2nd quarter. Integrated Quantitative Investments LLC now owns 7,227 shares of the credit services provider’s stock worth $1,193,000 after acquiring an additional 2,214 shares during the period. Institutional investors own 83.63% of the company’s stock.

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.