Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at World Acceptance
05:35 PM EST, 02/05/2021 (MT Newswires) -- R Chad Prashad, Director and President & CEO, on Feb 03, 2021, sold 7,106 shares in World Acceptance (WRLD) for $924,586. Subsequent to the Form 4 filing with the SEC, Prashad controls a total of 79,234 shares of company stock, with 73,721 shares held directly and 5,513 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $10.31 million.
Over the last 90 days, previous to the date of this filing, there have been 12 insider transactions reported to the SEC for World Acceptance. These transactions came from the activities of 7 separate insiders that resulted in a net acquisition of 26,606 company shares. Relative to the preceding 90-day window of time, there were 25 transactions from 10 insiders which resulted in the net disposition of 20,569 shares.
This level of insider transactions is lower than the peer group average in the 24-company Consumer Lending peer group over the last 90-day period. Peer group activity averaged 118.7 transactions per company, and disposition of 47,922 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/108385/000010838521000028/xslF345X03/wf-form4_161256435540680.xml
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