Insider at World Acceptance (WRLD) Makes Significant Sale of Stock Slowing Buy Trend of Last Quarter
10:19 PM EST, 02/04/2021 (MT Newswires) -- An insider -- John L Calmes Jr, Officer -- sold 12,617 shares of World Acceptance having a market value of approximately $1,683,154 today, as disclosed in a form 4 document filed with the SEC. There have been 8 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 48,000 company shares and the sale of 10,337 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 25,046 shares and have averaged 7,884 shares per transaction over this time period.
The number of insider buy/sell trades at World Acceptance is higher than that of the 24 peer company average over the last 90-day period. The Consumer Lending peer group saw 33 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by World Acceptance insiders is lower than its peers. Within the peer group there were 62,700 shares purchased and 3,553,511 shares sold with company insiders disposing of 105,782 shares on average over this time period.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated from data sourced to compose and write this story.
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.