PRA Group, Inc. (NASDAQ:PRAA) EVP Christopher D. Lagow Sells 411 Shares of Stock

PRA Group, Inc. (NASDAQ:PRAA) EVP Christopher D. Lagow sold 411 shares of the company’s stock in a transaction on Wednesday, April 21st. The shares were sold at an average price of $38.00, for a total value of $15,618.00. Following the completion of the transaction, the executive vice president now directly owns 23,160 shares in the company, valued at approximately $880,080. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of PRA Group stock opened at $37.20 on Friday. PRA Group, Inc. has a 52 week low of $23.73 and a 52 week high of $47.35. The business’s fifty day simple moving average is $37.06 and its 200-day simple moving average is $37.86. The firm has a market cap of $1.70 billion, a PE ratio of 11.63 and a beta of 1.51.

PRA Group (NASDAQ:PRAA) last announced its quarterly earnings results on Thursday, February 25th. The business services provider reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.03. The business had revenue of $273.86 million for the quarter, compared to analyst estimates of $250.79 million. PRA Group had a return on equity of 12.20% and a net margin of 13.85%. On average, research analysts expect that PRA Group, Inc. will post 3.22 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of the stock. State of Wisconsin Investment Board raised its holdings in shares of PRA Group by 3.7% in the 4th quarter. State of Wisconsin Investment Board now owns 8,400 shares of the business services provider’s stock valued at $333,000 after buying an additional 300 shares during the period. Oregon Public Employees Retirement Fund increased its holdings in PRA Group by 2.2% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 18,758 shares of the business services provider’s stock worth $695,000 after purchasing an additional 400 shares during the period. Marshall Wace North America L.P. increased its holdings in PRA Group by 32.9% during the 1st quarter. Marshall Wace North America L.P. now owns 1,655 shares of the business services provider’s stock worth $44,000 after purchasing an additional 410 shares during the period. James Investment Research Inc. increased its holdings in PRA Group by 11.6% during the 4th quarter. James Investment Research Inc. now owns 4,029 shares of the business services provider’s stock worth $160,000 after purchasing an additional 418 shares during the period. Finally, Vantage Consulting Group Inc purchased a new stake in PRA Group during the 4th quarter worth about $26,000.

About PRA Group

PRA Group, Inc, a services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies.

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