Credit Acceptance (CACC) CFO Jay Martin Buys $1M of Stock

Credit Acceptance CFO Jay Martin Buys Shares

Credit Acceptance Corporation Chief Financial Officer Jay Martin acquired 3,000 shares of the company on June 24, 2026. The transaction took place at a price of $333.94 per share, resulting in a total value of $1,001,820. This purchase adds a distinct move to the executive suite ledger, arriving alongside other transactions from company leadership during the same late-June window.

Insider Buying and Selling at Credit Acceptance Corporation

The recent purchase by Jay Martin follows an earlier sale on June 24, 2026, where he unloaded 3,000 shares at an average price of $601.04 for a total value of $1,803,118.5 under a planned trading program. Executive trading has been busy at the firm. On June 26, 2026, Chief Transformation Officer Nicholas Elliott sold 2,306 shares at an average price of $629.99 for about $1.45 million in a planned trade, following an earlier sale of 3,487 shares on June 24 at $601.01 worth roughly $2.1 million. Chief Legal Officer Erin Kerber bought 5,720 shares at a price of $403.33 on June 26 for over $2.3 million, and also completed a separate transaction of 5,720 shares at a zero-dollar price on the same day. Additionally, Chief Operating Officer Jonathan Lum parted with 6,000 shares on June 24 at $600.00 apiece for a total of $3.6 million under a planned schedule.

Stock Valuation and Price Context

Credit Acceptance shares changed hands around $628.86, placing the equity near the upper boundary of its 52-week span that stretches from a low of $401.90 to a high of $668.86. The company carries a market capitalization of roughly $5.86 billion and trades with a price-to-earnings ratio of 12.45 alongside a forward P/E of 10.30. The stock continues to move above its 200-day moving average of $526.53 and its 50-day moving average of $592.34.

Analysts Set New Price Targets

Analyst coverage from TD Cowen shows a cautious stance on the credit services provider. On October 6, 2026, TD Cowen maintained its hold rating while adjusting its price target to $590.00 from $600.00. That followed an earlier update on August 5, 2026, where the firm kept a hold rating and moved its target from $575.00 to $600.00, and a July 7, 2026 update setting the target at $575.00 from $500.00. Across the broader analyst community, the stock holds a consensus hold recommendation with a mean price target of $636.67 drawn from three analyst opinions.

About Credit Acceptance Corporation

Headquartered in Southfield, Michigan, Credit Acceptance Corporation operates within the financial services sector by offering financing programs and related services across the United States. The firm advances capital to independent and franchised automobile dealers in exchange for servicing rights on underlying consumer loans, while also reinsuring vehicle service contracts. Founded in 1972, the company employs a workforce of over 2,300 people.

Looking Ahead at Upcoming Reports

Investors keep an eye on operational milestones, with the next corporate earnings report scheduled for release on October 29, 2026 after market close. Insider transactions remain subject to disclosure rules under Securities and Exchange Commission guidelines, providing a clear window into how executives manage their personal equity holdings.