Alice Lindsay Caulder Sells 609 Shares of World Acceptance (NASDAQ:WRLD) Stock

World Acceptance Corporation (NASDAQ:WRLD) SVP Alice Lindsay Caulder sold 609 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $181.00, for a total value of $110,229.00. Following the transaction, the senior vice president owned 14,682 shares in the company, valued at approximately $2,657,442. This trade represents a 3.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

World Acceptance Stock Performance

NASDAQ:WRLD opened at $173.15 on Tuesday. The stock has a fifty day moving average price of $154.97 and a 200-day moving average price of $144.15. The company has a market cap of $803.42 million, a price-to-earnings ratio of 23.46 and a beta of 1.19. The company has a debt-to-equity ratio of 1.26, a quick ratio of 22.99 and a current ratio of 22.99. World Acceptance Corporation has a fifty-two week low of $110.00 and a fifty-two week high of $185.48.

World Acceptance (NASDAQ:WRLD) last issued its quarterly earnings results on Thursday, April 30th. The credit services provider reported $7.70 EPS for the quarter, missing analysts’ consensus estimates of $7.74 by ($0.04). The company had revenue of $164.31 million during the quarter, compared to the consensus estimate of $168.40 million. World Acceptance had a return on equity of 9.36% and a net margin of 5.98%.

Hedge Funds Weigh In On World Acceptance

Several hedge funds and other institutional investors have recently modified their holdings of WRLD. Bank of America Corp DE lifted its position in shares of World Acceptance by 97.5% during the 1st quarter. Bank of America Corp DE now owns 20,545 shares of the credit services provider’s stock worth $2,774,000 after buying an additional 10,140 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in 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 acquiring an additional 129 shares during the last quarter. Renaissance Technologies LLC raised its stake in World Acceptance by 4.9% during the first quarter. Renaissance Technologies LLC now owns 48,800 shares of the credit services provider’s stock worth $6,590,000 after acquiring an additional 2,300 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of World Acceptance by 3,071.7% in the first quarter. Public Employees Retirement System of Ohio now owns 4,821 shares of the credit services provider’s stock worth $651,000 after acquiring an additional 4,669 shares during the last quarter. Finally, Jennison Associates LLC bought a new position in shares of World Acceptance in the first quarter worth about $680,000. Institutional investors own 83.63% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of World Acceptance in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About World Acceptance

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.