Elliott, chief alignment officer, sells Credit Acceptance (CACC) shares for $182k

Nicholas J. Elliott, Chief Alignment Officer at Credit Acceptance Corp (NASDAQ:CACC), a $5.8 billion market cap company with strong financial health according to InvestingPro, sold 350 shares of common stock on September 5, 2025, at a price of $521.73, totaling $182,605. The sale price was near the current trading level of $518, with the stock trading at a P/E ratio of 14.8x.

Following the transaction, Elliott directly owns 19,034.86 shares of Credit Acceptance Corp, which includes 18,373 unvested restricted stock units. He also indirectly owns 315 shares held in the Credit Acceptance Stock Fund of the Credit Acceptance Corporation 401(k) Profit Sharing Plan and Trust. Notably, while this insider sale occurred, InvestingPro data shows management has been actively buying back shares, and the company maintains excellent liquidity with a current ratio of 7.5x.

Elliott also holds employee stock options (right to buy) for 13,950 shares of common stock, exercisable from December 30, 2024, and expiring on December 30, 2026, with an exercise price of $333.94. Discover more insights about CACC’s valuation and 6 additional exclusive InvestingPro Tips with a subscription to InvestingPro, including detailed analysis in the comprehensive Pro Research Report.

In other recent news, Credit Acceptance Corporation reported its second-quarter earnings for 2025, revealing a significant miss in earnings per share (EPS) compared to analyst forecasts. The company posted an EPS of $8.56, which fell short of the expected $10.16, resulting in a negative surprise of 15.75%. Despite the EPS miss, Credit Acceptance’s revenue slightly exceeded expectations, coming in at $583.8 million against a forecast of $581.12 million. These recent developments highlight the mixed financial performance of the company. The earnings announcement did not include any updates on potential mergers or acquisitions. Analyst firms have yet to provide any new upgrades or downgrades following this earnings release. Investors may look to future analyst reports for more insights into the company’s financial trajectory.

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