Credit Acceptance Ownership

CACC Stock  USD 497.70  3.46  0.70%   
The market capitalization of Credit Acceptance is $6.03 Billion. Over half of Credit Acceptance's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
 
Shares in Circulation  
First Issued
2009-03-31
Previous Quarter
12 M
Current Value
12 M
Avarage Shares Outstanding
21 M
Quarterly Volatility
5.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Credit Acceptance in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Credit Acceptance, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividend Paid And Capex Coverage Ratio is expected to grow to 316.00, whereas Dividends Paid is forecasted to decline to about 4.9 M. The current year's Common Stock Shares Outstanding is expected to grow to about 25.7 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 647 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.

Credit Stock Ownership Analysis

About 31.0% of the company shares are held by company insiders. The book value of Credit Acceptance was currently reported as 135.94. The company has Price/Earnings To Growth (PEG) ratio of 1.15. Credit Acceptance recorded earning per share (EPS) of 14.93. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 21st of December 1994. Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company was founded in 1972 and is headquartered in Southfield, Michigan. Credit Acceptance operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 2073 people. For more info on Credit Acceptance please contact the company at 248 353 2700 or go to https://www.creditacceptance.com.
Besides selling stocks to institutional investors, Credit Acceptance also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Credit Acceptance's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Credit Acceptance's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Credit Acceptance Quarterly Liabilities And Stockholders Equity

8.68 Billion

Credit Acceptance Insider Trades History

About 31.0% of Credit Acceptance are currently held by insiders. Unlike Credit Acceptance's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Credit Acceptance's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Credit Acceptance's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Credit Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Credit Acceptance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Credit Acceptance backward and forwards among themselves. Credit Acceptance's institutional investor refers to the entity that pools money to purchase Credit Acceptance's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Smead Capital Management Inc2024-09-30
207.8 K
Dimensional Fund Advisors, Inc.2024-09-30
181.9 K
Alfreton Capital Llp2024-09-30
170 K
Rv Capital Gmbh2024-09-30
134.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
120.2 K
Mig Capital, Llc2024-09-30
116.5 K
State Street Corp2024-06-30
112.4 K
Geode Capital Management, Llc2024-09-30
111.4 K
Charles Schwab Investment Management Inc2024-09-30
94.1 K
Prescott General Partners Llc2024-09-30
1.6 M
Prescott Investors Inc2024-09-30
1.6 M
Note, although Credit Acceptance's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Credit Acceptance Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Credit Acceptance insiders, such as employees or executives, is commonly permitted as long as it does not rely on Credit Acceptance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Credit Acceptance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Donald A. Foss Irrevocable Trust Dated August 14, 2022 3 days ago
Disposition of 1929 shares by Donald A. Foss Irrevocable Trust Dated August 14, 2022 of Credit Acceptance at 489.85 subject to Rule 16b-3
 
Donald A. Foss Irrevocable Trust Dated August 14, 2022 over two weeks ago
Disposition of 425 shares by Donald A. Foss Irrevocable Trust Dated August 14, 2022 of Credit Acceptance at 488.35 subject to Rule 16b-3
 
Prescott General Partners Llc over two months ago
Acquisition by Prescott General Partners Llc of 1000 shares of Credit Acceptance at 445.24 subject to Rule 16b-3
 
Smith Thomas W over two months ago
Disposition of 1200 shares by Smith Thomas W of Credit Acceptance at 451.0067 subject to Rule 16b-3
 
Flanagan Glenda J over two months ago
Acquisition by Flanagan Glenda J of 442 shares of Credit Acceptance subject to Rule 16b-3
 
Erin Kerber over two months ago
Disposition of 4875 shares by Erin Kerber of Credit Acceptance at 333.94 subject to Rule 16b-3
 
Daniel Ulatowski over three months ago
Disposition of tradable shares by Daniel Ulatowski of Credit Acceptance at 480.0 subject to Rule 16b-3
 
Flanagan Glenda J over three months ago
Acquisition by Flanagan Glenda J of 300 shares of Credit Acceptance subject to Rule 16b-3
 
Donald A. Foss Irrevocable Trust Dated August 14, 2022 over six months ago
Disposition of 298 shares by Donald A. Foss Irrevocable Trust Dated August 14, 2022 of Credit Acceptance at 507.05 subject to Rule 16b-3
 
Andrew Rostami over six months ago
Disposition of 423 shares by Andrew Rostami of Credit Acceptance at 536.4 subject to Rule 16b-3
 
Jonathan Lum over six months ago
Acquisition by Jonathan Lum of 2500 shares of Credit Acceptance at 333.94 subject to Rule 16b-3
 
Arthur Smith over six months ago
Disposition of 1923 shares by Arthur Smith of Credit Acceptance at 555.26 subject to Rule 16b-3

Credit Acceptance Outstanding Bonds

Credit Acceptance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Credit Acceptance uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Credit bonds can be classified according to their maturity, which is the date when Credit Acceptance has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Credit Acceptance Corporate Filings

F4
4th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
14th of June 2024
Other Reports
ViewVerify
31st of May 2024
Other Reports
ViewVerify

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When determining whether Credit Acceptance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credit Acceptance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credit Acceptance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credit Acceptance Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credit Acceptance. If investors know Credit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credit Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.169
Earnings Share
14.93
Revenue Per Share
67.945
Quarterly Revenue Growth
0.138
Return On Assets
0.0236
The market value of Credit Acceptance is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Acceptance's value that differs from its market value or its book value, called intrinsic value, which is Credit Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credit Acceptance's market value can be influenced by many factors that don't directly affect Credit Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credit Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.