Director Deal W. Hudson of Atlanticus Holdings Corp (NASDAQ:ATLC) sold 2,000 shares of common stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at prices ranging from $62.14 to $62.64, with an average price of $62.39, totaling $124,780. The transaction comes as Atlanticus trades near its 52-week high of $64.70, having delivered an impressive 87% return over the past year. According to InvestingPro analysis, the company currently appears fairly valued based on its Fair Value model.
Following the transaction, Hudson directly owns 61,092 shares of Atlanticus Holdings. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, with the company maintaining strong fundamentals including a healthy P/E ratio of 8.7 and robust gross margins of 72%. InvestingPro subscribers have access to 13 additional key insights about ATLC’s financial health and growth prospects through the platform’s comprehensive Pro Research Report.
In other recent news, Atlanticus Holdings Corporation announced a significant financial move by pricing an offering of $400 million in senior notes with a 9.75% interest rate, due in 2030. The company plans to issue these notes on August 20, 2025, subject to customary closing conditions. The proceeds from this offering are intended to repay amounts outstanding under its recourse warehouse facilities, fund future acquisitions, potentially repay its 6.125% Senior Notes due 2026, and cover fees related to the offering. Additionally, JMP Securities has raised its price target on Atlanticus Holdings to $78 from $75, maintaining a Market Outperform rating. This adjustment comes in the wake of Atlanticus’s strong second-quarter 2025 results, which led JMP to anticipate a quicker pace of portfolio growth for the company both this year and in 2026. These developments highlight Atlanticus’s strategic financial maneuvers and the positive outlook from analysts.
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Atlanticus Holdings director Hudson sells $124,780 in stock
Published 2 months ago
Aug 16, 2025 at 12:06 AM
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