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Portfolio Recovery Associates (NASDAQ:PRAA) EVP Neal Stern sold 19,825 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $56.27, for a total transaction of $1,115,552.75. Following the transaction, the executive vice president now directly owns 36,139 shares of the company’s stock, valued at approximately $2,033,542. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Portfolio Recovery Associates (NASDAQ:PRAA) traded down 1.43% on Wednesday, hitting $54.97. 1,105,840 shares of the company’s stock traded hands. Portfolio Recovery Associates has a 52 week low of $38.67 and a 52 week high of $63.96. The stock’s 50-day moving average is $52.26 and its 200-day moving average is $55.56. The company has a market cap of $2.740 billion and a P/E ratio of 16.17.

Portfolio Recovery Associates (NASDAQ:PRAA) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.90 by $0.01. The company had revenue of $184.90 million for the quarter, compared to the consensus estimate of $185.95 million. On average, analysts predict that Portfolio Recovery Associates will post $3.91 earnings per share for the current fiscal year.

A number of research firms have recently commented on PRAA. Analysts at Zacks reiterated a “neutral” rating on shares of Portfolio Recovery Associates in a research note on Thursday, February 20th. They now have a $53.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $62.67.

Portfolio Recovery Associates, Inc (NASDAQ:PRAA) is engaged in the detection, collection and processing of both unpaid and normal-course accounts receivable originally owed to credit grantors, governments, retailers and others.

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