Granite Investment Partners LLC reduced its stake in FirstCash Holdings, Inc. by 16.5% during the third quarter, selling 15,181 shares and now holding 76,605 shares valued at $12.14 million. This move occurred alongside significant insider selling totaling $5.44 million over three months, despite the company announcing a $150 million buyback program and a $0.42 quarterly dividend. FirstCash recently beat earnings estimates, and analysts maintain a “Moderate Buy” rating with a $177.50 price target.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Granite Investment Partners LLC Sells 15,181 Shares of FirstCash Holdings, Inc. $FCFS
Granite Investment Partners LLC reduced its stake in FirstCash Holdings, Inc. by 16.5% during the third quarter, selling 15,181 shares and now holding 76,605 shares valued at $12.14 million. This move occurred alongside significant insider selling totaling $5.44 million over three months, despite the company announcing a $150 million buyback program and a $0.42 quarterly dividend. FirstCash recently beat earnings estimates, and analysts maintain a “Moderate Buy” rating with a $177.50 price target.