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Jill Foss Watson, a ten percent owner of Credit Acceptance Corp (NASDAQ:CACC), sold 19,000 shares of common stock on July 2, 2025, for approximately $10.8 million. The shares were sold in multiple transactions with prices ranging from $536.26 to $546.10. The $6.17 billion market cap company, which InvestingPro analysis shows maintains a GOOD financial health score, currently trades near $532.
The sales were executed in multiple transactions at various weighted average prices. Specifically, 857 shares were sold at an average price of $536.26, 3,275 shares at $537.34, 434 shares at $538.63, 2,132 shares at $539.63, 7,728 shares at $540.45, 3,302 shares at $540.58, 1,325 shares at $541.34, 3 shares at $543.19, 58 shares at $542.14 and 886 shares at $546.10. Investors should note that the company’s next earnings report is scheduled for July 30, 2025.
Following these transactions, Watson still indirectly owns 102,107 shares of Credit Acceptance Corp through the Jill Foss Watson Living Trust. The report also indicates an increase of 30,180 additional shares from the reporting person’s last Form 4 that were transferred to the Jill Foss Watson Living Trust from the reporting person’s grantor retained annuity trust for no consideration. For deeper insights into insider trading patterns and comprehensive financial analysis, access the detailed Credit Acceptance Corp Pro Research Report, available exclusively on InvestingPro.
In other recent news, Credit Acceptance Corporation reported its first-quarter earnings for 2025. The company revealed an earnings per share (EPS) of $9.35, which fell short of the $9.66 forecast. However, Credit Acceptance exceeded revenue expectations, reporting $571.1 million against a forecast of $570.97 million. The loan portfolio reached a record $9.1 billion, marking a 10% increase from the previous year. In addition to earnings, the company held its Annual Meeting of Shareholders, where six directors were elected to serve until the 2026 annual meeting. Shareholders also approved the compensation of named executive officers on an advisory basis and ratified Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2025. Despite the mixed earnings results, the company continued to invest in technology and innovation to support its growth. Analysts from firms like TD Cowen and Autonomous Research discussed the company’s forecast changes and market conditions during the earnings call.
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