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President and CEO of World Acceptance Corp (NASDAQ:WRLD), Prashad R Chad, sold 8,924 shares of the company’s common stock for a total of $1.48 million, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock trades near its 52-week high of $177.25, having surged over 39% in the past six months. InvestingPro data shows management has been actively buying back shares, suggesting confidence in the company’s value despite this insider sale.
The sales occurred in multiple transactions. On September 12, 2025, Chad sold 5,824 shares at weighted average prices ranging from $166.00 to $166.91, and another 1,195 shares at prices between $168.00 and $168.47. An additional 1,905 shares were sold on September 15, 2025, at a price of $166.00. The company currently trades at an attractive P/E ratio of 11.3x and maintains a strong financial health score according to InvestingPro’s comprehensive analysis.
Following these transactions, Chad directly owns 76,660 shares of World Acceptance Corp. Additionally, he indirectly owns 5,513 shares through his spouse. For deeper insights into insider trading patterns and 8 additional key ProTips about WRLD, visit InvestingPro.
In other recent news, World Acceptance Corporation reported its Q1 FY2026 earnings, revealing a notable miss on earnings per share (EPS) compared to analyst forecasts. However, the company’s revenue exceeded expectations, highlighting a mixed financial performance. In addition to the earnings announcement, shareholders approved the 2025 Stock Incentive Plan during the Annual Meeting of Shareholders. This plan permits the company to grant up to 400,000 shares in various forms to eligible employees and non-employee directors, effective until August 19, 2035. All nominated directors were elected, and the company’s external auditor was ratified. These developments reflect ongoing efforts by World Acceptance to enhance long-term shareholder value. The company’s strategic initiatives were emphasized despite the earnings miss.
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