Nicholas Financial, Inc. (NICK) CFO Kelly M. Malson Acquires 1,943 Shares

Nicholas Financial, Inc. (NASDAQ:NICK) CFO Kelly M. Malson acquired 1,943 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was purchased at an average price of $9.67 per share, for a total transaction of $18,788.81. Following the completion of the purchase, the chief financial officer now directly owns 37,133 shares in the company, valued at approximately $359,076.11. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Nicholas Financial stock opened at $9.44 on Tuesday. Nicholas Financial, Inc. has a 52-week low of $8.36 and a 52-week high of $12.50. The stock has a market capitalization of $116.64 million, a P/E ratio of 57.75 and a beta of 0.59.

Nicholas Financial (NASDAQ:NICK) last announced its quarterly earnings data on Friday, February 1st. The credit services provider reported ($0.17) earnings per share (EPS) for the quarter. Nicholas Financial had a net margin of 2.33% and a return on equity of 1.22%. The firm had revenue of $16.74 million during the quarter.



A number of equities research analysts recently issued reports on the company. ValuEngine upgraded Nicholas Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. TheStreet upgraded Nicholas Financial from a “d+” rating to a “c-” rating in a research note on Wednesday, February 13th.

Institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC raised its stake in Nicholas Financial by 3.0% in the 3rd quarter. Renaissance Technologies LLC now owns 543,938 shares of the credit services provider’s stock valued at $6,424,000 after acquiring an additional 16,009 shares during the period. Dimensional Fund Advisors LP raised its stake in Nicholas Financial by 2.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 505,216 shares of the credit services provider’s stock valued at $5,967,000 after acquiring an additional 10,548 shares during the period. FMR LLC raised its stake in Nicholas Financial by 2.3% in the 3rd quarter. FMR LLC now owns 443,622 shares of the credit services provider’s stock valued at $5,239,000 after acquiring an additional 9,879 shares during the period. Wedbush Securities Inc. grew its holdings in Nicholas Financial by 1.2% during the 4th quarter. Wedbush Securities Inc. now owns 114,233 shares of the credit services provider’s stock valued at $1,188,000 after buying an additional 1,400 shares in the last quarter. Finally, Price Wealth Management Inc. purchased a new position in Nicholas Financial during the 4th quarter valued at about $624,000. Institutional investors and hedge funds own 36.73% of the company’s stock.

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Nicholas Financial Company Profile

Nicholas Financial, Inc operates as a specialized consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products.

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