Insider Selling: Curo Group Holdings Corp (CURO) EVP Sells 56,844 Shares of Stock

Curo Group Holdings Corp (NYSE:CURO) EVP William C. Baker sold 56,844 shares of the firm’s stock in a transaction that occurred on Wednesday, September 26th. The shares were sold at an average price of $31.53, for a total transaction of $1,792,291.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CURO stock traded up $0.51 during midday trading on Thursday, reaching $31.07. The company’s stock had a trading volume of 422,500 shares, compared to its average volume of 226,530. Curo Group Holdings Corp has a 52 week low of $13.50 and a 52 week high of $32.20. The stock has a market cap of $1.43 billion and a PE ratio of 16.42. The company has a debt-to-equity ratio of 11.91, a quick ratio of 5.35 and a current ratio of 5.35.

Curo Group (NYSE:CURO) last announced its quarterly earnings data on Monday, July 30th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). Curo Group had a net margin of 5.94% and a return on equity of 175.82%. The business had revenue of $248.98 million during the quarter, compared to the consensus estimate of $238.73 million. sell-side analysts predict that Curo Group Holdings Corp will post 2.36 earnings per share for the current fiscal year.

CURO has been the topic of a number of recent research reports. ValuEngine cut shares of Curo Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 2nd. Zacks Investment Research raised shares of Curo Group from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Tuesday, June 12th. Credit Suisse Group raised their price objective on shares of Curo Group from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Tuesday, August 14th. Finally, Stephens set a $38.00 price objective on shares of Curo Group and gave the company a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Curo Group currently has a consensus rating of “Buy” and an average target price of $29.00.

Hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN bought a new position in Curo Group in the first quarter valued at approximately $167,000. California State Teachers Retirement System bought a new position in shares of Curo Group during the first quarter worth $203,000. Prudential Financial Inc. bought a new position in shares of Curo Group during the first quarter worth $349,000. Engineers Gate Manager LP bought a new position in shares of Curo Group during the second quarter worth $660,000. Finally, Schwab Charles Investment Management Inc. bought a new position in shares of Curo Group during the first quarter worth $538,000. 45.99% of the stock is currently owned by hedge funds and other institutional investors.

Curo Group Company Profile

CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.

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Insider Buying and Selling by Quarter for Curo Group (NYSE:CURO)

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