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Top Executive Cashes Out World Acceptance Shares!

Top Executive Cashes Out World Acceptance Shares!

New insider activity at World Acceptance ( (WRLD) ) has taken place on January 29, 2025.

Luke J. Umstetter, who serves as the Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary, has recently sold 600 shares of World Acceptance stock. This transaction amounted to a total of $90,000.

Recent Updates on WRLD stock

World Acceptance Corporation reported its Q3 earnings for fiscal 2025, showing an increase in total revenues to $138.6 million, attributed to improved loan growth and a focus on credit quality. Despite a decrease in net income to $13.4 million, influenced by higher provisions for credit losses, the company recorded a net income per diluted share of $2.45. The company experienced sequential growth in gross loans and a reduction in delinquency rates. These financial results contributed to a 1% rise in the stock price, reflecting positive investor sentiment towards the company’s strategic customer investment and performance monitoring initiatives.

More about World Acceptance

YTD Price Performance: 33.89%

Average Trading Volume: 23,062

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $864.7M

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