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ATLANTA—Deal W. Hudson (NYSE:HUD), a director at Atlanticus Holdings Corp (NASDAQ:ATLC), recently sold 2,400 shares of the company’s common stock. The transaction, dated March 24, 2025, was executed at a price of $52.39 per share, amounting to a total sale value of $125,736. The sale comes as ATLC shares have shown remarkable strength, delivering an 81% return over the past year. According to InvestingPro analysis, the company currently trades at an attractive P/E ratio of 8.6x, while management has been actively buying back shares. Following this sale, Hudson retains ownership of 63,092 shares in the company. For investors seeking deeper insights, InvestingPro offers 12 additional investment tips and a comprehensive analysis report for ATLC, one of 1,400+ stocks covered in detail. Atlanticus Holdings, a personal credit institution with a market capitalization of $787 million and a "GOOD" financial health rating, is headquartered in Atlanta, Georgia.
In other recent news, Atlanticus Holdings Corp. reported fourth-quarter earnings that exceeded analyst expectations. The company achieved a net income of $27 million, surpassing the $23 million estimate from JMP Securities, with earnings per share (EPS) reaching $1.42 against the anticipated $1.25. Revenue and key metrics also outperformed projections, contributing to a positive outlook from analysts. JMP Securities maintained a Market Outperform rating and adjusted their price target to $72, reflecting the company’s strategic investment plans and favorable macroeconomic outlook. Meanwhile, Keefe, Bruyette & Woods analysts raised their price target to $52, maintaining a Market Perform rating, citing the company’s strong momentum and resilient credit performance. The firm’s analysts noted that Atlanticus Holdings’ net charge-off rate improved, and they anticipate continued growth in receivables. The company has also benefited from a shift towards point-of-sale retail cards, which have lower yields but reduced loss rates. Both analyst firms express confidence in Atlanticus Holdings’ strategic positioning and financial performance, indicating a stable outlook for the company.
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