Luke Umstetter Sells 1,000 Shares of World Acceptance Corporation

World Acceptance insider Luke Umstetter sold 1,000 shares worth $181,660.

Key Points

  • On June 12, 2026, Luke Umstetter sold 1,000 shares of World Acceptance Corporation at $181.66 each, totaling $181,660.
  • World Acceptance shares are trading around $177.88 with a market cap of about $803.5 million and a P/E ratio of 25.2.
  • Analyst firm Janney Montgomery maintained a hold rating with a $132 price target on January 22, 2024.

On June 12, 2026, Luke Umstetter, who holds a role under 'See remarks' at World Acceptance Corporation, sold 1,000 shares of the company. The shares were sold at an average price of $181.66, bringing the total transaction value to $181,660. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at World Acceptance Corporation

Luke Umstetter's recent sale is one of several insider activities at World Acceptance. On June 3, 2026, Janet Lewis Matricciani, the Interim President and CEO, sold 6,503 shares. Benjamin Robinson III made planned sales of 90 shares on May 22, 2026, and 180 shares on April 30, 2026. Matricciani also sold 264 shares on May 13, 2026, and bought 7,095 shares on April 16, 2026.

Other Institutional Activity in World Acceptance Corporation

Several institutional investors have adjusted their positions in World Acceptance. Prescott General Partners LLC maintained its position with 1,512,424 shares valued at about $204.2 million. BlackRock, Inc. reduced its stake by 23,631 shares, now holding 452,411 shares worth approximately $61.1 million. Dimensional Fund Advisors LP also trimmed its position by 13,277 shares, leaving it with 224,602 shares valued at $30.3 million. Meanwhile, AQR Capital Management LLC significantly increased its holdings by 90,608 shares, reaching a total of 154,966 shares valued at nearly $20.9 million. UBS Group AG similarly boosted its stake by 79,118 shares, ending with 133,469 shares worth roughly $18 million.

World Acceptance Corporation Stock Snapshot

Shares of NasdaqGS:WRLD are currently trading near $177.88. World Acceptance Corporation has a market capitalization of approximately $803.5 million and a P/E ratio of 25.2, with a forward P/E of 12.3. The stock's beta is 1.199, indicating a slightly higher volatility compared to the market. Over the past year, the stock has seen a low of $110.00 and a high of $185.48. It has a 50-day moving average of $154.83 and a 200-day moving average of $148.99. The company's current ratio is 14.61, and its quick ratio is 14.22, suggesting strong liquidity, though it carries a high debt-to-equity ratio of 188.37.

Recent Earnings

World Acceptance Corporation reported revenues of $584.8 million, reflecting a growth of 7.3%. The company's earnings per share (EPS) stood at $6.88, with a net margin of 5.9% and a return on equity (ROE) of 8.8%. The next earnings report is anticipated on July 23, 2026.

Analysts Set New Price Targets

On January 22, 2024, Janney Montgomery maintained its hold rating on World Acceptance Corporation, setting a price target of $132. Stephens, on the same date, maintained a sell rating with a target of $113. The consensus target price among analysts is $141, based on one analyst opinion.

About World Acceptance Corporation

World Acceptance Corporation, based in Greenville, South Carolina, operates in the financial services sector, specifically within credit services. The company provides short-term small installment loans and medium-term larger installment loans, along with related credit insurance and ancillary products. It also offers income tax return preparation and electronic filing services, as well as automobile club memberships. The company caters to individuals who have limited access to traditional consumer credit sources. Founded in 1962, World Acceptance is led by CEO John L. Calmes Jr. and employs approximately 2,907 people.

Bottom Line

Insider trades like those by Luke Umstetter offer a glimpse into insider sentiment at World Acceptance Corporation. While these transactions are informative, they don't necessarily indicate future stock performance. Investors often track such insider activities along with institutional moves and analyst ratings to gain a fuller picture of a company's potential. As always, remember that this information is based on past filings and may not reflect current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.