Credit Acceptance CFO Jay Martin Buys Shares

Jay Martin, the Chief Financial Officer of Credit Acceptance Corporation, made a purchase of 22 shares on June 15, 2026. The shares were acquired at an average price of $333.94 each, bringing the total transaction value to approximately $7,347. This transaction wasn't part of a pre-planned trading program.

Insider Buying and Selling at Credit Acceptance Corporation

On June 17, 2026, several insider transactions occurred at Credit Acceptance. Jay Martin, in addition to his earlier purchase, sold 2 shares at $578.42 and another 2 shares at $0. Meanwhile, Erin Kerber, the Chief Legal Officer, sold 2 shares at $578.82 under a planned sale and an additional 2 shares at $0. Nicholas Elliott, the Chief Transformation Officer, also sold 3 shares.

Other Institutional Activity in Credit Acceptance

Boston Partners increased its stake in Credit Acceptance by 103,955 shares, ending with 560,208 shares valued at about $237.2 million. Wellington Management Group also boosted its holdings by 21,256 shares to a total of 258,898 shares, worth approximately $109.6 million. Conversely, BlackRock, Inc. reduced its position by 9,467 shares, leaving it with 231,633 shares valued at $98.1 million. Beck Mack & Oliver LLC trimmed its holdings by 1,364 shares, bringing its total to 308,984 shares, worth about $130.8 million.

Credit Acceptance Corporation Stock Down 3.5%

Shares of NasdaqGS:CACC are trading around $574.1. Credit Acceptance has a market capitalization of approximately $6 billion, with a P/E ratio of 14.31 and a forward P/E of 10.49. The stock's 52-week range is between $401.9 and $583.86. Its 50-day moving average is $529.13, while the 200-day average is $485.79. The company maintains a current ratio of 3.87 and a quick ratio of 3.63, but it has a high debt-to-equity ratio of 423.26.

Recent Earnings

Credit Acceptance reported revenues of about $1.28 billion, with a revenue growth rate of 12.7%. The company achieved an earnings per share (EPS) of $40.13. It enjoys a healthy net margin of 35.54% and a return on equity of 28.12%. The next earnings report is expected on July 30, 2026.

Analysts Set New Price Targets

On May 6, 2026, TD Cowen maintained a 'hold' rating on Credit Acceptance, setting a price target of $500. Stephens & Co. also maintained a 'hold' rating with a target of $540 on April 17, 2026. The consensus among analysts is a 'hold' rating, with an average target price of $536.67, based on three analyst opinions.

About Credit Acceptance Corporation

Credit Acceptance Corporation, headquartered in Southfield, Michigan, provides financing programs and related services to automobile dealers in the United States. It finances consumer loans through dealers, servicing the loans itself. The company also reinsures coverage under vehicle service contracts. Founded in 1972, Credit Acceptance serves both independent and franchised auto dealers and is led by CEO Mr. Vinayak R. Hegde.

Bottom Line

Jay Martin's recent purchase of Credit Acceptance shares reflects his ongoing involvement in the company's equity. Investors often track insider transactions for insights into executive confidence. As always, it's important to remember that these insider trades are reported after the fact and may not represent current positions.