Mack Mattingly Insider Sell Transaction
Not a long ago, the director of Atlanticus Holdings Corp (NASDAQ:ATLC)
3.86 +0.17 4.61%
, Mr. Mack Mattingly, sold amount of company shares – 24,031, amounting to $89,908 US Dollars, estimated based on $3.7 for share. Mack Mattingly right now owns 0.48% of the market cap of Atlanticus Holdings Corp.
Atlanticus Holdings Corp Stock Rating, Sentiment and Fundamentals
Rating & Sentiment
PsychSignal Social:
SELL
Analysts Rating:
SELL
Hedge Funds Sentiment:
SELL
Stock Fundamentals
Earnings + FCF Trend:
SELL
Sector/Industry Macro:
BULLISH
Valuation Models:
-
Technical Analysis
ST Trend:
DOWN
MT Trend:
UP
LT Trend:
UP
OctaFinance Rating*:
SELL
* Read How Our Stock Ratings System Works
The stock of Atlanticus Holdings Corp is currently in a bearish downtrend, with the stock price decreasing 1.34% in the last 50 days alone. Our analysts have no choice but to rate the stock a sell and not just because of Mack Mattingly’s stock investment, but also our sophisticated trend-following model as illustrated on the chart below.
Price Chart of Atlanticus Holdings Corp NASDAQ:ATLC Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
Just as legendary stock market traders (who include Hugh Hendry) stated, the best risk-adjusted returns are made via a mix of technical & fundamental analysis.
Hedge Funds Ownership
In the previous quarter 26 institutional players holded Atlanticus Holdings Corp. In the last quarter, Atlanticus Holdings Corp had 24.07% institutional ownership. That is a low interest. Its down 3.53% from Q3 2014. These stock owners decreased the total shares they own by 122,677 to 3.35 million this quarter.
Robert Henry Lynch’s Aristeia Capital Llc had the greatest investment with ownership of 500,000 shares as of Q4 2014 for 0.06% of the fund’s portfolio. Css Llc Il is another positive player having 166,857 shares of the company or 0.02% of their stocks portfolio. Ls Investment Advisors Llc have less than 0.01% of their stock portfolio invested in the company’s market cap for 500 shares. In addition, Bridgeway Capital Management Inc disclosed it had purchased a stake worth less than 0.01% of the fund’s stock portfolio in the company. The Connecticut-based fund Aqr Capital Management Llc was also a big follower of the company’s stock, with ownership of 191,430 shares. Atlanticus Holdings Corp is less than 0.01% of the fund’s stock portfolio.
Atlanticus Holdings Corp NASDAQ:ATLC Company Profile
Atlanticus Holdings Corporation (Atlanticus) is engaged in providing financial services. The Company offers an array of financial products and services. The Company operates through two segments: Credit and Other Investments, and Auto Finance. Within its Credit and Other Investments segment, it offers point-of-sale financing whereby it partners with retailers and service providers to provide credit to their customers for the purchase of goods and services or rental of merchandise to their customers under rent-to-own arrangements. Through its Credit and Other Investments segment, it engages in testing and limited investment activities in consumer finance technology platforms. Within its Auto Finance segment, its CAR subsidiary operations principally purchase and service loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, used car business.
Company Website: Atlanticus Holdings Corp
Atlanticus Holdings Corp has 319 employees. Now its market capitalization is: $53.70 million and it has 14.55 million outstanding shares. Now it has 21.05% shareholders and the institutional ownership is 21.05%. Atlanticus Holdings Corp was formed in Georgia on 2009-05-14. The stock closed at $3.69 yesterday and it had average 2 days volume of 3906 shares. It is up from the 30 days average shares volume of 2197. Atlanticus Holdings Corp has a 52w low of $1.15 and a 52weeks high of $4.70. The current price is above the 200 days Simple moving average.
Mack Mattingly is also director of Compucredit Corp.
* This transaction was executed in multiple trades at prices ranging from $3.73 and $3.83. The reported price reflects the weighted average purchase price. The reporting person hereby undertakes to provide – upon request by the Commission staff – the issuer – or a security holder of the issuer – full information regarding the number of shares purchased at each separate price.
* This transaction was executed in multiple trades at prices ranging from $3.70 and $3.77. The reported price reflects the weighted average purchase price. The reporting person hereby undertakes to provide – upon request by the Commission staff – the issuer – or a security holder of the issuer – full information regarding the number of shares purchased at each separate price.
The post Mack Mattingly an Insider in Atlanticus Holdings Corp (NASDAQ:ATLC) Sold 24,031 Shares of the Company appeared first on Octafinance.