Credit Acceptance (CACC) CFO Jay Martin Buys $7.3K of Stock

Credit Acceptance Corporation Insider Purchases

Credit Acceptance Corporation (NasdaqGS: CACC) Chief Financial Officer Jay Martin purchased 22 shares of the company stock on June 15, 2026. The transaction took place at a price of $333.94 per share, resulting in a total value of $7,346.68.

Credit Acceptance Corporation Stock Price Context

Shares of Credit Acceptance Corporation traded around $574.10, well above the insider purchase price and positioned comfortably between its 52-week low of $401.90 and 52-week high of $668.86. The stock currently hovers near its 50-day moving average of $592.34 and above its 200-day moving average of $526.53. Investors are keeping an eye on the company's valuation as it approaches its next scheduled earnings release on October 29, 2026.

Recent Insider Transactions at Credit Acceptance Corporation

Executive trading activity has been active over the summer. On June 26, 2026, Chief Transformation Officer Nicholas Elliott sold 2,306 shares at an average price of $629.99 for a total of $1,452,749.79 under a planned trading program. Earlier in the month on June 24, 2026, Elliott sold 3,487 shares at $601.01 totaling $2,095,734.42. Chief Legal Officer Erin Kerber also transacted on June 26, 2026, buying 5,720 shares at $403.33 for $2,307,058.47 and completing a separate transaction of 5,720 shares at $0.00. Additional June 24, 2026 sales included Chief Operating Officer Jonathan Lum parting with 6,000 shares at $600.00 for $3.6 million, and CFO Jay Martin selling 3,000 shares at $601.04 for $1,803,118.50.

Analysts Set New Price Targets

Analyst sentiment on the stock remains cautious with a consensus hold recommendation. TD Cowen maintained its hold rating on the stock while adjusting its price targets, including a target of $590.00 on October 6, 2026, following prior adjustments of $600.00 in August and $575.00 in July. The mean price target across analysts sits at $636.67.

Business Overview for Credit Acceptance Corporation

Founded in 1972 and headquartered in Southfield, Michigan, Credit Acceptance Corporation provides financing programs and related services across the United States. The company advances funds to automobile dealers in exchange for servicing rights on underlying consumer loans, purchases consumer loans directly from dealers, and offers reinsurance for vehicle service contracts.

Outlook and What to Watch

As investors digest these insider moves, attention shifts toward the company's upcoming financial results scheduled for late October. Form 4 filings with the SEC continue to provide transparency into how leadership manages personal stakes relative to broader market movements.