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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 73.21% of CACC shares are held by financial institutions. HYPERION CAPITAL ADVISORS LP is the top corporate investor, holding 28.67K shares valued at $15.81M. A 0.23% stake in Credit Acceptance Corporation is owned by the company. INVESCO LTD. owns 29.18K shares valued at $16.09M, which translates its holding of 0.23% of the stake in the company.
Among the CACC insiders holding of 40.12% of the stake in company, DONALD A. FOSS IRREVOCABLE TRUST DATED AUGUST 14, 2022, 10 percent owner, holds the largest shares of 1.28M. SMITH THOMAS W, Member of Section 13(d) Group, is the second largest CACC insider with ownership of 74.45K shares. PRESCOTT GENERAL PARTNERS LLC, Member of Section 13(d) Group, stands third with possession of 41.44K shares of that stake.