Nicholas Financial, Inc. (NASDAQ:NICK) Director Buys $138,929.20 in Stock

Nicholas Financial, Inc. (NASDAQ:NICK) Director Adam K. Peterson acquired 15,101 shares of Nicholas Financial stock in a transaction on Monday, September 9th. The shares were bought at an average price of $9.20 per share, with a total value of $138,929.20. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Adam K. Peterson also recently made the following trade(s):

  • On Friday, September 6th, Adam K. Peterson acquired 146 shares of Nicholas Financial stock. The stock was bought at an average cost of $9.05 per share, with a total value of $1,321.30.
  • On Tuesday, August 13th, Adam K. Peterson acquired 33,416 shares of Nicholas Financial stock. The stock was bought at an average cost of $8.36 per share, with a total value of $279,357.76.
  • On Tuesday, June 18th, Adam K. Peterson bought 27,508 shares of Nicholas Financial stock. The stock was bought at an average price of $9.02 per share, for a total transaction of $248,122.16.

Nicholas Financial stock traded up $0.33 during mid-day trading on Tuesday, hitting $9.48. The company had a trading volume of 498 shares, compared to its average volume of 7,528. Nicholas Financial, Inc. has a 12-month low of $7.92 and a 12-month high of $12.50. The company’s fifty day moving average is $8.84 and its 200-day moving average is $9.12.



Nicholas Financial (NASDAQ:NICK) last posted its earnings results on Friday, August 9th. The credit services provider reported $0.07 earnings per share for the quarter. The firm had revenue of $16.64 million during the quarter. Nicholas Financial had a negative net margin of 6.47% and a negative return on equity of 4.53%.

Separately, TheStreet lowered Nicholas Financial from a “c-” rating to a “d” rating in a report on Friday, July 19th.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. FMR LLC grew its position in Nicholas Financial by 0.4% during the first quarter. FMR LLC now owns 449,033 shares of the credit services provider’s stock valued at $4,041,000 after buying an additional 1,622 shares during the period. Magnolia Group LLC increased its holdings in Nicholas Financial by 9.7% in the second quarter. Magnolia Group LLC now owns 1,745,746 shares of the credit services provider’s stock valued at $16,410,000 after buying an additional 154,824 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in Nicholas Financial by 13.7% in the second quarter. BlackRock Inc. now owns 30,427 shares of the credit services provider’s stock valued at $286,000 after buying an additional 3,668 shares in the last quarter. 36.63% of the stock is currently owned by hedge funds and other institutional investors.

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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Insider Buying and Selling by Quarter for Nicholas Financial (NASDAQ:NICK)

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