FCFS - FirstCash Hldgs Director Sold $2.13M In Company Stock | Benzinga
Making a noteworthy insider sell on March 7, Douglas R. Rippel, Director at FirstCash Hldgs (NASDAQ:FCFS), is reported in the latest SEC filing.
What Happened: Rippel opted to sell 18,504 shares of FirstCash Hldgs, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The transaction's total worth stands at $2,131,059.
Tracking the Friday's morning session, FirstCash Hldgs shares are trading at $115.73, showing a up of 0.84%.
Discovering FirstCash Hldgs: A Closer Look
FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. The the company has three reportable segments: U.S. pawn; Latin America pawn; and Retail POS payment solutions (AFF). It derives majority revenue from U.S. Pawn segment. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores.
FirstCash Hldgs: A Financial Overview
Revenue Growth: FirstCash Hldgs's remarkable performance in 3 months is evident. As of 31 December, 2023, the ...