A Director at Pra Group (PRAA) is Selling Shares


Today, a Director at Pra Group (NASDAQ: PRAA), Geir Olsen, sold shares of PRAA for $4.42M.

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Based on Pra Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $222 million and quarterly net profit of $19.59 million. In comparison, last year the company earned revenue of $200 million and had a net profit of $11.67 million. PRAA’s market cap is $1.69B and the company has a P/E ratio of 11.84. Currently, Pra Group has an average volume of 117K.

The insider sentiment on Pra Group has been negative according to 90 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Geir Olsen’s trades have generated a 22.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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PRA Group, Inc. engages in the purchase, collection and management of portfolios of defaulted consumer receivables. It focuses on the acquisition, collection, and processing of both unpaid and normal course accounts receivable originally owed to credit grantors, governments, retailers and others.

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