Insider Trading : Wed 6/7/23

Notable purchases -- CEO/10% owner adds to ZUMZ; notable sales -- CEO active in ALTR

Buyers:

• ATHA Chief Financial Officer and Chief Business Officer bought 65,012 shares at $2.85 - $3.02 worth ~$192K.
• DE Director bought 675 shares at $ $370.57 - $371.38 worth ~$250K.
• FCPT President and CEO bought 7,600 shares at $26.05 - $26.08 worth ~$198K.
• ISTR Director bought 10,000 shares at $11.25 - $11.57 worth ~$114K.
• PRAA Director bought 7,425 shares at $20.16 - $20.20 worth ~$150K.
• ZUMZ CEO/10% owner and President - International bought a total of 84,930 shares at $13.22 - $14.67 worth ~$1.1 mln.

Sellers:

• ALTR CEO sold 9,267 shares at $73.88 - $74.64 worth ~$689K.

Insider Trading : Mon 5/22/23

Notable purchases -- President adds to GEN; notable sales -- CMO active in MSFT

Buyers:

• BFH 10% owner Turtle Creek Asset Management bought 112,944 shares at $28.50 - $30.25 worth ~$3.4 mln.
• FSTR 10% owner bought 31,675 shares at $10.715 - $11.245 worth ~$345K.
• GEN President bought 300,000 shares at ~$15.79 worth ~$4.7 mln.
• GLDD Director bought 133,788 shares at $6.58 - $6.90 worth ~$911K.
• MP Chief Operating Officer bought 10,000 shares at $21.21 worth ~$212K.
• PRAA President and CEO bought 40,000 shares at $18.61 - $19.04 worth ~$752K.

Sellers:

• CINF Director sold 20,000 shares at ~$102.7388 worth ~$2.1 mln.
• MSFT EVP/Chief Marketing Officer sold 5,000 shares at ~$316.8707 worth ~$1.6 mln.

Insider Trading : Fri 5/19/23

Notable purchases -- Berkshire Hathaway adds to OXY; notable sales -- 10% owner active in FIBK

Buyers:

• AVD Director bought 41,359 shares at $16.47 - $17.02 worth ~$693K.
• BCOV Chief Executive Officer bought 70,000 shares at $3.38 - $3.59 worth ~$245K.
• OXY 10% owner Berkshire Hathaway (Warren Buffett) bought another 3,457,222 shares worth more than $201 mln.
• PECO Director bought 10,000 shares at $29.15 - $29.18 worth ~$292K.
• PRAA Directors (2) bought 19,500 shares at $18.87 - $19.08 worth ~$371K.
• RBA Chief Executive Officer and one (1) Director bought 19,993 shares at $54.06 - $54.15 worth ~$1.1 mln.

Sellers:

• DCGO Director sold 125,000 shares at $8.47 - $8.55 worth ~$1.1 mln.
• FIBK 10% owner sold 62,223 shares at $23.00 - $23.17 worth ~$1.4 mln.
• HRT 10% owner sold 162,700 shares at $10.03 - $10.11 worth ~$1.6 mln.
• WTS 10% owner sold 13,000 shares at $165.00 - $167.11 worth ~$2.1 mln.
• XPEL Director sold 25,000 shares at $75.00 - $77.00 worth ~$1.9 mln.

=PRA Group (PRAA) reported earnings on Tue 8 Aug 2017 (a/h)

PRA Group misses by $0.24, misses on revs

• Reports Q2 (Jun) earnings of $0.25 per share, $0.24 worse than the Capital IQ Consensus of $0.49; revenues fell 12.3% year/year to $200.3 mln vs the $208.97 mln Capital IQ Consensus.
• Reports estimated remaining collections of $5.3 billion consistent with the prior year quarter and an increase of $181 million since 1Q17.
• Reports cash collections of $374.7 million versus $387.2 million in the prior year quarter.
• PRAA invested $295.6 million in new finance receivables in Q2.

=PRA Group (PRAA) reported earnings on Wed 1 March 17 (b/o)

NORFOLK, Va. (AP) _ PRA Group Inc. (PRAA) on Tuesday reported a fourth-quarter loss of $17.6 million, after reporting a profit in the same period a year earlier.

The Norfolk, Virginia-based company said it had a loss of 38 cents per share. Losses, adjusted for non-recurring costs, came to 33 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The debt collector posted revenue of $155.3 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $219.5 million.

For the year, the company reported profit of $85.1 million, or $1.83 per share. Revenue was reported as $830.6 million.

PRA Group shares have climbed slightly more than 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $40.80, an increase of 67 percent in the last 12 months.

=PRA Group (PRAA) reported earnings on Mon 7 Nov 2016 (a/h)

PRA Group Inc.’s third-quarter 2016 earnings per share of 68 cents missed the Zacks Consensus Estimate by 11.7%. The bottom line also declined 20% from the year-ago quarter due to lower revenues. Adjusted net income was $31.7 million, down 23.4% year over year.


Operational Update

PRA Group’s total revenue was $222 million, down 3% year over year. Revenues also missed the Zacks Consensus Estimate by 3.5%. The downside may be attributed to the weakness in two non-accrual portfolios in Italy. These portfolios affected cash collections of $6.1 million to principal amortization during this seasonally weak period.

Additionally, PRA Group’s revenues from finance receivables income fell 3% to $202 million. Fee income of $17.6 million was down 1.1%, while other revenues plunged roughly 50% to $1.7 million. Cash collections in the third quarter were $371.7 million, down 2.4% year over year.

Total operating expenses decreased 12% year over year to $154.4 million. This was mainly due to lower legal collection fees, communication costs and other operating expenses. Other operating expenses declined 75% year over year, thereby lowering overall expenses. However, adjusted operating expenses increased 7% year over year.

Financial Update

As of Sep 30, 2016, PRA Group had total assets worth $3.3 billion, up 9% from year-end 2015. The company exited the quarter with total equity of $988 million, up 17.6% from Dec 31, 2015.

As of Sep 30, 2016, cash and cash equivalents were $91.8 million, up 29.6% from year-end 2015. In the reported quarter, borrowings increased 5.8% to $1.8 billion.

Annualized return on average equity was 14.0% in the quarter under review.