World Acceptance (NASDAQ:WRLD) Insider Daniel Clinton Dyer Sells 89 Shares of Stock

World Acceptance Corporation (NASDAQ:WRLD) insider Daniel Clinton Dyer sold 89 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $150.00, for a total value of $13,350.00. Following the transaction, the insider owned 42,497 shares in the company, valued at approximately $6,374,550. This trade represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Daniel Clinton Dyer also recently made the following trade(s):

• On Tuesday, December 16th, Daniel Clinton Dyer sold 8,857 shares of World Acceptance stock. The shares were sold at an average price of $149.00, for a total value of $1,319,693.00.

World Acceptance Stock Up 2.2%

Shares of WRLD stock traded up $3.20 during trading hours on Thursday, reaching $149.22. 39,099 shares of the company’s stock were exchanged, compared to its average volume of 47,406. World Acceptance Corporation has a 1 year low of $104.99 and a 1 year high of $185.48. The company has a current ratio of 24.16, a quick ratio of 24.16 and a debt-to-equity ratio of 1.60. The stock has a market cap of $752.07 million, a PE ratio of 14.28 and a beta of 1.08. The stock’s fifty day moving average price is $148.50 and its two-hundred day moving average price is $160.37.

World Acceptance (NASDAQ:WRLD) last announced its quarterly earnings data 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). The company had revenue of $120.12 million during the quarter, compared to analysts’ expectations of $127.85 million. World Acceptance had a net margin of 10.00% and a return on equity of 13.65%. Research analysts predict that World Acceptance Corporation will post 14 EPS for the current year.

Institutional Trading of World Acceptance

A number of hedge funds have recently modified their holdings of WRLD. Mariner LLC grew its holdings in World Acceptance by 58.8% during the third quarter. Mariner LLC now owns 2,036 shares of the credit services provider’s stock worth $344,000 after acquiring an additional 754 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in World Acceptance in the 3rd quarter worth approximately $253,000. Millennium Management LLC acquired a new stake in shares of World Acceptance during the 3rd quarter worth approximately $1,466,000. Brevan Howard Capital Management LP purchased a new position in shares of World Acceptance during the 3rd quarter valued at approximately $215,000. Finally, Aquatic Capital Management LLC purchased a new position in shares of World Acceptance during the 3rd quarter valued at approximately $138,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

Wall Street Analyst Weigh In

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

World Acceptance Company Profile

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.