Elevate Credit, Inc. (NYSE:ELVT) Director Tyler W. K. Head sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 4th. The stock was sold at an average price of $4.01, for a total value of $80,200.00. Following the completion of the transaction, the director now directly owns 111,382 shares in the company, valued at $446,641.82. The sale was disclosed in a legal filing with the SEC, which is available through this link.
NYSE:ELVT opened at $3.63 on Friday. The stock’s fifty day moving average price is $3.38. Elevate Credit, Inc. has a 52-week low of $1.35 and a 52-week high of $4.90. The firm has a market cap of $129.78 million, a P/E ratio of 3.78 and a beta of 2.72.
Elevate Credit (NYSE:ELVT) last posted its quarterly earnings data on Sunday, May 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.22. Elevate Credit had a return on equity of 34.11% and a net margin of 9.73%. On average, equities analysts predict that Elevate Credit, Inc. will post 0.43 earnings per share for the current fiscal year.
Institutional investors have recently modified their holdings of the business. GSA Capital Partners LLP bought a new stake in shares of Elevate Credit during the 1st quarter valued at $45,000. Diversified Trust Co bought a new stake in shares of Elevate Credit during the 1st quarter valued at $45,000. Eubel Brady & Suttman Asset Management Inc. bought a new stake in shares of Elevate Credit during the 1st quarter valued at $48,000. Ameriprise Financial Inc. raised its position in shares of Elevate Credit by 46.8% during the 1st quarter. Ameriprise Financial Inc. now owns 16,890 shares of the company’s stock valued at $49,000 after acquiring an additional 5,386 shares during the last quarter. Finally, ExodusPoint Capital Management LP bought a new stake in shares of Elevate Credit during the 4th quarter valued at $67,000. Institutional investors own 36.00% of the company’s stock.
Elevate Credit Company Profile
Elevate Credit, Inc provides online credit solutions to non-prime consumers in the United States. It offers unsecured online installment loans, lines of credit, and credit cards. Its products include Rise, an installment loan product; Elastic, a line of credit product; and Today Card, a credit card product.
Featured Article: VIX – Volatility Index
Receive News & Ratings for Elevate Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elevate Credit and related companies with MarketBeat.com's FREE daily email newsletter.