Jay Martin Sells Shares of Credit Acceptance Corporation

Jay Martin, the Chief Financial Officer of Credit Acceptance Corporation, sold 3,000 shares of the company on June 24, 2026. The shares were sold at an average price of $601.04 each, totaling around $1.8 million. This transaction was conducted under a pre-arranged trading plan.

Other Institutional Activity in Credit Acceptance Corporation

Prescott General Partners LLC maintained its position in Credit Acceptance Corporation, holding steady with 1,436,951 shares valued at approximately $608.5 million. Meanwhile, Boston Partners increased its holdings by 103,955 shares to a total of 560,208 shares, worth about $237.2 million, marking a 22.8% increase. Gobi Capital LLC held its position unchanged with 358,067 shares valued at $151.6 million. Beck Mack & Oliver LLC slightly reduced its position by 1,364 shares, ending with 308,984 shares valued at $130.8 million, a 0.4% decrease. Wellington Management Group LLP added 21,256 shares to its holdings, reaching a total of 258,898 shares worth $109.6 million, representing an 8.9% increase.

Credit Acceptance Corporation Stock Up 5.7%

Shares of NasdaqGS:CACC traded near $628.86 on Saturday. Credit Acceptance Corporation has a market capitalization of about $6.58 billion, with a P/E ratio of 15.68 and a forward P/E of 11.49. The stock's beta is 1.388, indicating higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from $401.90 to $638.55. It has a 50-day moving average of $546.26 and a 200-day moving average of $488.51. The company's current ratio is 3.872, and its quick ratio is 3.634, with a debt-to-equity ratio of 423.261.

Recent Earnings

Credit Acceptance Corporation reported revenue of approximately $1.28 billion, with a revenue growth rate of 12.7%. The company achieved a net margin of 35.54% and a return on equity of 28.12%. Earnings per share stood at $40.11. The next earnings report is expected on July 30, 2026.

Insider Buying and Selling at Credit Acceptance Corporation

In addition to Jay Martin's sale, other insiders have been active. Nicholas Elliott, Chief Transformation Officer, sold 1,183 shares at an average price of $627.01 on June 25, 2026, in a planned transaction. On the same day, Erin Kerber, Chief Legal Officer, sold 2,937 shares at an average price of $627.19, also under a planned transaction. Both insiders had additional transactions, with Elliott buying 1,183 shares at $333.94 and Kerber purchasing 2,937 shares at $403.37.

Analysts Set New Price Targets

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

About Credit Acceptance Corporation

Credit Acceptance Corporation, based in Southfield, Michigan, provides financing programs and related services in the United States. The company advances money to automobile dealers for the right to service consumer loans and also buys these loans from dealers. It is involved in reinsuring coverage under vehicle service contracts sold by dealers. The company serves both independent and franchised automobile dealers and was founded in 1972.

Bottom Line

Jay Martin's recent sale of shares is part of a planned transaction, reflecting ongoing insider trading activity at Credit Acceptance Corporation. Investors often track such insider movements for potential insights into a company's future. It's important to remember that this information is based on past filings and may not represent current holdings.