Encore Capital Group, Inc. (NASDAQ:ECPG) insider Paul Grinberg sold 37,546 shares of the stock in a transaction dated Wednesday, December 26th. The stock was sold at an average price of $42.43, for a total transaction of $1,593,076.78. Following the transaction, the insider now owns 250,171 shares of the company’s stock, valued at $10,614,755.53. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Paul Grinberg also recently made the following trade(s):
- On Tuesday, December 26th, Paul Grinberg sold 38,546 shares of Encore Capital Group stock. The stock was sold at an average price of $42.43, for a total transaction of $1,635,506.78.
Shares of Encore Capital Group, Inc. (NASDAQ ECPG) opened at $42.10 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 5.60. The stock has a market cap of $1,080.00, a P/E ratio of 11.96 and a beta of 1.82. Encore Capital Group, Inc. has a 1 year low of $27.80 and a 1 year high of $52.00.
Several equities research analysts recently issued reports on ECPG shares. SunTrust Banks reiterated a “buy” rating and issued a $57.00 target price on shares of Encore Capital Group in a research note on Friday, November 3rd. Zacks Investment Research upgraded shares of Encore Capital Group from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Janney Montgomery Scott reiterated a “hold” rating on shares of Encore Capital Group in a research note on Saturday, November 18th. Northland Securities reiterated a “hold” rating and issued a $49.00 target price on shares of Encore Capital Group in a research note on Friday, November 3rd. Finally, BidaskClub downgraded shares of Encore Capital Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $46.88.
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Encore Capital Group Company Profile
Encore Capital Group, Inc, through its subsidiaries, is a specialty finance company providing debt recovery solutions for consumers and property owners across a range of financial assets. The Company operates through Portfolio Purchasing and Recovery segment. The Company’s geographical segments include the United States, Europe and other.
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