New insider activity at World Acceptance ( (WRLD) ) has taken place on February 15, 2025.
Jason E. Childers, Senior Vice President of Information Technology, has made headlines by selling 1,259 shares of World Acceptance stock, amounting to a total transaction value of $186,911.
Recent Updates on WRLD stock
World Acceptance Corporation’s recent Q3 earnings call highlighted a positive outlook with key improvements in financial metrics such as portfolio yields, customer base growth, and approval rates. The company reported an increase in total revenues to $138.6 million, attributed to enhanced loan growth and a strategic focus on credit quality. Despite a decrease in net income to $13.4 million due to higher provisions for credit losses, investor sentiment remained positive, reflected by a 1% rise in the stock price. Challenges remain in managing the large loan portfolio and refinance rate limitations, but strategic adjustments and a focus on sustainable lending practices have positioned the company for a promising future. The recent insider activity saw the sale of 600 shares by a top executive, adding a layer of market interest.
More about World Acceptance
YTD Price Performance: 33.63%
Average Trading Volume: 24,299
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $862.5M
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