Cash America International Inc (CSH) Files Form 4 Insider Selling : Victor L. Pepe Sells 9,491 Shares

Cash America International Inc (CSH): Victor L. Pepe , EVP-Chief Mktg & Tech Officer of Cash America International Inc sold 9,491 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $38.73 per share for a total value of $367,586.44 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 6, 2015, Thomas A Jr Bessant (Exec. VP – CFO) sold 12,000 shares at $34.06 per share price.On May 15, 2015, Thomas Brent Stuart (President and COO) sold 2,220 shares at $27.68 per share price.Also, On May 11, 2015, Victor L. Pepe (EVP, Chief Information Officer) sold 1,776 shares at $27.50 per share price.

Cash America International Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Cash America International Inc which led to swings in the share price. The shares opened for trading at $38.12 and hit $39.53 on the upside , eventually ending the session at $39.37, with a gain of 2.90% or 1.11 points. The heightened volatility saw the trading volume jump to 3,41,908 shares. The 52-week high of the share price is $44.765 and the company has a market cap of $963 M . The 52-week low of the share price is at $23.77.

Cash America International Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Cash America International Inc is Upgraded by Macquarie to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 29, 2016.Cash America International Inc is Downgraded by JMP Securities to Mkt Perform. Earlier the firm had a rating of Mkt Outperform on the company shares. The Rating was issued on Apr 29, 2016.

Cash America International Inc. (Cash America) provides specialty financial services to individuals through its storefront lending and franchised check cashing locations. The Company offers secured non-recourse loans commonly referred to as pawn loans as its primary line of business. The Company is also engaged in originating arranging guaranteeing or purchasing consumer loans in some of its locations. Cash America also offers check cashing and other ancillary products and services including money orders wire transfers prepaid debit cards and auto insurance. The Company’s franchised check cashing business offers check cashing services through its franchised check cashing centers. The Company provides its services in the United States under the names Cash America Pawn SuperPawn Cash America Payday Advance Cashland and Mr. Payroll. As of December 31 2014 the Company had a total of 859 locations that offered pawn lending and consumer lending in the United States.

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