Insider Selling: FirstCash Holdings, Inc. (NASDAQ:FCFS) Director Sells 25,968 Shares of Stock

FirstCash Holdings, Inc. (NASDAQ:FCFSGet Free Report) Director Douglas Richard Rippel sold 25,968 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $116.10, for a total value of $3,014,884.80. Following the sale, the director now owns 5,946,649 shares of the company’s stock, valued at approximately $690,405,948.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Douglas Richard Rippel also recently made the following trade(s):

  • On Monday, February 5th, Douglas Richard Rippel sold 19,020 shares of FirstCash stock. The stock was sold at an average price of $117.34, for a total value of $2,231,806.80.

FirstCash Trading Up 0.8 %

FCFS opened at $116.95 on Friday. The firm has a market cap of $5.28 billion, a price-to-earnings ratio of 24.36 and a beta of 0.62. FirstCash Holdings, Inc. has a 52 week low of $86.10 and a 52 week high of $122.87. The business’s 50 day moving average is $111.98 and its two-hundred day moving average is $104.22. The company has a quick ratio of 2.96, a current ratio of 3.89 and a debt-to-equity ratio of 0.80.

FirstCash (NASDAQ:FCFSGet Free Report) last released its quarterly earnings results on Thursday, February 1st. The company reported $2.04 EPS for the quarter, topping the consensus estimate of $1.79 by $0.25. The company had revenue of $852.13 million for the quarter, compared to analyst estimates of $859.23 million. FirstCash had a return on equity of 14.42% and a net margin of 6.96%. The firm’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 earnings per share. On average, research analysts predict that FirstCash Holdings, Inc. will post 7.1 EPS for the current year.

FirstCash Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.20%. The ex-dividend date is Tuesday, February 13th. FirstCash’s dividend payout ratio (DPR) is 29.17%.

Analyst Ratings Changes

Several research firms recently weighed in on FCFS. Stephens boosted their target price on FirstCash from $131.00 to $141.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. TD Cowen began coverage on FirstCash in a research note on Wednesday, November 1st. They set a “market perform” rating and a $120.00 target price for the company.

Get Our Latest Stock Report on FirstCash

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Lazard Asset Management LLC acquired a new position in shares of FirstCash in the second quarter valued at approximately $28,000. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of FirstCash by 86.5% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 442 shares of the company’s stock valued at $44,000 after buying an additional 205 shares in the last quarter. Principal Securities Inc. purchased a new stake in FirstCash during the fourth quarter worth $51,000. Headinvest LLC purchased a new stake in FirstCash during the third quarter worth $50,000. Finally, Point72 Asset Management L.P. purchased a new stake in FirstCash during the second quarter worth $54,000. Institutional investors and hedge funds own 77.28% of the company’s stock.

About FirstCash

(Get Free Report)

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.

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Insider Buying and Selling by Quarter for FirstCash (NASDAQ:FCFS)

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