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Jefferies Keeps Their Buy Rating on Atlanticus Holdings (ATLC)

Tipranks - Tipranks - Thu Jul 9, 4:38AM CDT

In a report released today, from Jefferies maintained a Buy rating on Atlanticus Holdings, with a price target of $115.00.

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In a report released on June 30, BTIG also assigned a Buy rating to the stock with a $179.00 price target.

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Based on Atlanticus Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $679.59 million and a net profit of $44.18 million. In comparison, last year the company earned a revenue of $134.67 million and had a net profit of $31.52 million

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ATLC in relation to earlier this year. Earlier this month, Jeffrey A. Howard, the President & CEO of ATLC sold 10,000.00 shares for a total of $1,030,100.00.

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