Figma Shares Indicated To Open $105/$110
On February 13, Jason E. Childers, Senior Vice President of Information Technology at World Acceptance Corp (NASDAQ:WRLD), sold 1,259 shares of the company's common stock. The shares were sold at a weighted average price of $148.46, resulting in a total transaction value of $186,911. The transaction comes as World Acceptance, an $813 million market cap company, demonstrates strong momentum with a 41% price return over the past six months. According to InvestingPro, the company maintains a "GREAT" financial health score and trades at an attractive P/E ratio of 10.3x.
Following the sale, Childers retains ownership of 6,780 shares. The shares were sold in multiple transactions with prices ranging between $147.95 and $148.73. InvestingPro analysis reveals 8 additional key insights about World Acceptance Corp's valuation and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, World Acceptance Corporation, a Greenville, South Carolina-based personal credit institution, has authorized 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, and broader market and economic conditions.
In further developments, World Acceptance Corporation reported impressive Q3 2025 earnings, surpassing analyst expectations. The company posted an earnings per share (EPS) of $2.45, outperforming 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 significant increase from the 1.5% growth seen in Q3 2024. This growth was accompanied by a 200 basis point improvement in yields and a 4% increase in the customer base year-over-year.
Analysts view these recent developments as a sign of the company's financial stability and future prospects. The share buyback initiative may be halted or terminated at any point at the company's discretion, reflecting the company's ongoing strategy to manage its capital efficiently and deliver value to its shareholders. The company's decision to implement the repurchase plan was formalized in a filing with the Securities and Exchange Commission (SEC). These are recent developments and investors are advised to keep an eye on further updates.
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