FCFS - FirstCash Hldgs Director Trades $8.16M In Company Stock | Benzinga
Douglas R. Rippel, Director at FirstCash Hldgs (NASDAQ:FCFS), executed a substantial insider sell on February 7, according to an SEC filing.
What Happened: Rippel's recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 70,051 shares of FirstCash Hldgs. The total transaction value is $8,162,521.
As of Thursday morning, FirstCash Hldgs shares are down by 0.0%, currently priced at $116.05.
About FirstCash Hldgs
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.
Financial Insights: FirstCash Hldgs
Revenue Growth: FirstCash Hldgs's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved ...