Richard Stovsky Buys Shares of Encore Capital Group, Inc. $ECPG
Key Points
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Richard Stovsky, insider at Encore Capital Group, Inc. ($ECPG), bought 2,144 shares at an average price of $83.95, for a total transaction of $179,988.80. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Encore Capital Group, Inc. Stock Down 13.2%
Shares of Encore Capital Group, Inc. ($ECPG) traded around $85.90 on Wednesday, down 13.2% for the day.
Encore Capital Group, Inc. Earnings
Analysts Set New Price Targets
About Encore Capital Group, Inc.
Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of debt servicing, such as early stage collection, business process outsourcing, and contingent collection services. In addition, the company engages in debt servicing and other portfolio management services to credit originator for non-performing loans. Further, it offers credit management services. Encore Capital Group, Inc. was incorporated in 1999 and is headquartered in San Diego, California.
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