Atlanticus Holdings Corp (ATLC) Files Form 4 Insider Selling : Mack F Mattingly Sells 816 Shares

Atlanticus Holdings Corp (ATLC): Mack F Mattingly , director of Atlanticus Holdings Corp sold 816 shares on Apr 11, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $3.18 per share for a total value of $2,594.88 according the SEC Form 4 Filing.

Currently the company Insiders own 32.3% of Atlanticus Holdings Corp shares according to the proxy statements.Institutional Investors own 19.97% of Atlanticus Holdings Corp shares.

Atlanticus Holdings Corp: On Monday, Apr 11, 2016 heightened volatility was witnessed in Atlanticus Holdings Corp which led to swings in the share price. The shares opened for trading at $3.2292 and hit $3.23 on the upside , eventually ending the session at $3.23, with a gain of 1.57% or 0.05 points. The heightened volatility saw the trading volume jump to 2,053 shares. The 52-week high of the share price is $4.7599 and the company has a market cap of $50 M . The 52-week low of the share price is at $1.91.

Atlanticus Holdings Corp Money Flow Index Chart

Atlanticus Holdings Corporation (Atlanticus) is engaged in providing financial services. The Company offers an array of financial products and services. The Company operates through two segments: Credit and Other Investments and Auto Finance. Within its Credit and Other Investments segment it offers point-of-sale financing whereby it partners with retailers and service providers to provide credit to their customers for the purchase of goods and services or rental of merchandise to their customers under rent-to-own arrangements. Through its Credit and Other Investments segment it engages in testing and limited investment activities in consumer finance technology platforms. Within its Auto Finance segment its CAR subsidiary operations principally purchase and service loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here pay-here used car business.

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