Insider Selling: Encore Capital Group (NASDAQ:ECPG) Insider Sells 2,000 Shares of Stock

Encore Capital Group Inc (NASDAQ:ECPG) insider John Yung sold 2,000 shares of Encore Capital Group stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total transaction of $164,160.00. Following the sale, the insider owned 64,570 shares in the company, valued at approximately $5,299,905.60. The trade was a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Encore Capital Group Price Performance

Shares of ECPG traded up $0.24 during mid-day trading on Thursday, hitting $80.44. 325,827 shares of the stock were exchanged, compared to its average volume of 285,209. The company has a market cap of $1.72 billion, a PE ratio of 6.24 and a beta of 1.30. Encore Capital Group Inc has a 52-week low of $35.67 and a 52-week high of $92.64. The firm has a 50-day moving average of $79.78 and a two-hundred day moving average of $66.12. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.90 and a current ratio of 0.90.

Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.84. The business had revenue of $475.41 million for the quarter, compared to analysts’ expectations of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The company’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, equities analysts predict that Encore Capital Group Inc will post 13.01 earnings per share for the current year.

Institutional Trading of Encore Capital Group

Several hedge funds and other institutional investors have recently bought and sold shares of ECPG. IFP Advisors Inc raised its holdings in Encore Capital Group by 1,729.6% during the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after buying an additional 467 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Encore Capital Group by 185.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock valued at $39,000 after buying an additional 466 shares during the period. Allworth Financial LP raised its holdings in Encore Capital Group by 29.1% during the 4th quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock valued at $62,000 after buying an additional 257 shares during the period. LSV Asset Management purchased a new stake in Encore Capital Group during the 3rd quarter valued at $88,000. Finally, Tower Research Capital LLC TRC raised its holdings in Encore Capital Group by 168.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock valued at $105,000 after buying an additional 1,706 shares during the period.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Weiss Ratings cut Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Wall Street Zen cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial upped their price objective on Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Zacks Research raised Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Finally, Citizens Jmp upped their price objective on Encore Capital Group from $90.00 to $108.00 and gave the stock a “market outperform” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $86.25.

About Encore Capital Group

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.