World Acceptance SVP Jason Childers sells $71,790 in stock

Published 13/02/2025, 18:51
World Acceptance SVP Jason Childers sells $71,790 in stock

Jason E. Childers, the Senior Vice President of Information Technology at World Acceptance Corp (NASDAQ:WRLD), recently sold shares of the company’s stock, totaling $71,790. The transactions, which took place on February 12, involved the sale of 500 shares at prices ranging from $143.44 to $144.19 per share. The stock has shown strong momentum, with a 36% gain over the past six months, currently trading at $148.19.

Following these transactions, Childers retains ownership of 8,039 shares of World Acceptance Corp. The sales were executed in two separate transactions: the first involved 406 shares sold at an average price of $143.44, and the second involved 94 shares at $144.19. According to InvestingPro, the company maintains a "GREAT" financial health score and trades at an attractive P/E ratio of 10.1.

World Acceptance Corp, based in Greenville, South Carolina, operates in the personal credit industry, providing financial services to a wide range of customers. With a market capitalization of $799 million and strong profitability metrics, the company presents an interesting investment case. Discover more insights with InvestingPro’s comprehensive analysis and 8 additional ProTips.

In other recent news, World Acceptance Corporation, a personal credit institution, has announced a new stock repurchase program. The company plans to buy back up to $25 million of its outstanding common stock, including the remaining amount from previous authorizations. The specifics of the repurchase plan, such as the exact number of shares to be bought back and the timing, will depend on various factors including the company’s stock price, legal and regulatory requirements, liquidity, potential alternative capital deployments, and broader market and economic conditions.

In another development, World Acceptance Corporation reported its Q3 2025 earnings, surpassing analyst expectations. The company posted an earnings per share (EPS) of $2.45, compared to the forecasted $1.23, and achieved a revenue of $138.6 million, exceeding the anticipated $136.67 million. The company’s portfolio grew by 6.6%, a substantial increase from the 1.5% growth seen in Q3 2024.

Looking ahead, World Acceptance remains cautiously optimistic. The company anticipates continued improvements in yield and delinquency trends and expects steady portfolio growth into fiscal 2026. These recent developments reflect the company’s ongoing strategy to manage its capital efficiently and deliver value to its shareholders.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.