Credit Acceptance Corp. Director Glenda J. Flanagan Unloads 2,079 Shares (CACC)
Credit Acceptance Corp. (NASDAQ:CACC) Director Glenda J. Flanagan sold 2,079 shares of the stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $130.89, for a total value of $272,120.31. Following the transaction, the director now directly owns 11,125 shares of the company’s stock, valued at approximately $1,456,151. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Credit Acceptance Corp. (NASDAQ:CACC) traded up 0.15% during mid-day trading on Friday, hitting $129.84. 21,327 shares of the company’s stock traded hands. Credit Acceptance Corp. has a 1-year low of $95.71 and a 1-year high of $149.86. The stock’s 50-day moving average is $132.2 and its 200-day moving average is $119.9. The company has a market cap of $2.979 billion and a P/E ratio of 12.30.
Credit Acceptance Corp. (NASDAQ:CACC) last announced its earnings results on Thursday, January 30th. The company reported $2.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by $0.43. On average, analysts predict that Credit Acceptance Corp. will post $11.62 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on CACC shares. Analysts at JMP Securities downgraded shares of Credit Acceptance Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday. They now have a $130.00 price target on the stock. Analysts at Stephens raised their price target on shares of Credit Acceptance Corp. from $125.00 to $155.00 in a research note to investors on Friday, January 31st. Six equities research analysts have rated the stock with a hold rating, The stock has a consensus rating of “Hold” and a consensus price target of $131.52.
Credit Acceptance Corporation (NASDAQ:CACC) is a provider of auto loans to consumers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.