Credit Acceptance (CACC) Insider Elliott Buys $395K of Stock

Executive Stock Activity at Credit Acceptance Corporation

Credit Acceptance Corporation Chief Transformation Officer Nicholas Elliott picked up 1,183 shares of company stock on June 25, 2026. The transaction took place at a price of $333.94 per share, bringing the total value of the purchase to $395,051.02. This move arrives amid a series of stock transactions by key leaders at the consumer loan and vehicle finance provider.

Recent Insider Transactions Across the Executive Team

Executive trading at the firm has been active through late June, featuring several purchases and sales across the leadership roster. Chief Financial Officer Jay Martin acquired 3,000 shares on June 24, 2026, at a price of $333.94 per share for a total value of $1,001,820.00. Chief Legal Officer Erin Kerber completed a purchase of 5,720 shares on June 26, 2026, at an average price of $403.33 per share, totaling $2,307,058.47, alongside a separate disposition of 5,720 shares on the same date. On the selling side, Chief Operating Officer Jonathan Lum disposed of 6,000 shares on June 24, 2026, at $600.00 per share, valued at $3,600,000.00. Nicholas Elliott also executed planned sales around this period, parting with 3,487 shares on June 24, 2026, for about $2,095,734.42 and another 2,306 shares on June 26, 2026, valued at roughly $1,452,749.79.

Analysts Set New Price Targets

Market researchers watching the firm continue to evaluate its performance through changing price targets. TD Cowen maintained its hold rating on the shares while adjusting targets over recent months, moving from a target of $500.00 up to $575.00 on July 7, 2026, then to $600.00 on August 5, 2026, and most recently to $590.00 on October 6, 2026. Across the broader professional community, the consensus rating stands at hold with a mean price target of $636.67 based on three analyst opinions.

Understanding the Business Behind the Trades

Headquartered in Southfield, Michigan, Credit Acceptance Corporation operates within the financial services sector by offering consumer loan financing programs and related services. The company works with independent and franchised automobile dealers to advance money in exchange for servicing rights on underlying consumer loans, while also handling reinsurance coverage for vehicle service contracts. Founded in 1972, the firm employs over 2,300 people and generates revenue by keeping amounts collected from financed consumers.

Looking Ahead at Upcoming Milestones

Market participants continue monitoring executive Form 4 filings for further shifts in insider sentiment. The next major reporting milestone for the financing provider arrives with its scheduled earnings release on October 29, 2026, which will offer updated figures on revenue, net margins, and overall financial health.