Rent A Center Inc De (RCII): Jeffery M Jackson , director of Rent A Center Inc De purchased 1,400 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.87 per share for a total value of $20,818.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 8, 2016, Robert Dale Davis (CEO) purchased 10,000 shares at $10.66 per share price.On Feb 5, 2016, Jeffery M Jackson (director) purchased 955 shares at $10.52 per share price.Also, On Nov 23, 2015, Mark E. Denman (EVP – Acceptance Now) purchased 1,270 shares at $16.84 per share price.On Aug 17, 2015, Michael J Gade (director) sold 9,000 shares at $27.39 per share price.
Rent-A-Center Inc: On Monday, May 2, 2016 heightened volatility was witnessed in Rent-A-Center Inc which led to swings in the share price. The shares opened for trading at $14.9 and hit $14.98 on the upside , eventually ending the session at $14.95, with a gain of 1.70% or 0.25 points. The heightened volatility saw the trading volume jump to 15,70,199 shares. The 52-week high of the share price is $33.59 and the company has a market cap of $794 M . The 52-week low of the share price is at $9.76.
Company has been under the radar of several Street Analysts.Rent-A-Center Inc is Upgraded by Raymond James to Strong Buy and the brokerage firm has set the Price Target at $21. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Mar 15, 2016.
Rent-A-Center Inc. is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products such as consumer electronics appliances computers (including tablets and smartphones) furniture and accessories under rental purchase agreements. The Company operates in four segments: Core U.S. Acceptance Now Mexico and Franchising. The Company offers brands such as LG Samsung Sony Toshiba and Vizio home electronics; Whirlpool appliances; Acer Apple Asus Dell Hewlett-Packard Samsung Sony and Toshiba computers and/or tablets; Samsung and HTC smartphones; and Albany Ashley England Klaussner Lane Standard and Welton furniture. Consumer electronic products offered by its stores include high definition televisions and stereos among others; appliances include refrigerators freezers washing machines dryers and ranges; furniture products include dining room living room and bedroom furniture and accessories include lamps and tables.