Nicholas Financial, Inc. (NASDAQ:NICK), saw an insider raise his positioning with the company through a transaction officially filed today, August 13th. Director Stephen Bragin acquired 8,250 shares of common stock at an average of $5.7636 per share. Following the completion of this transaction, Bragin now holds a total of 116,828 shares directly in the company.
Nicholas Financial, Inc. (NASDAQ:NICK) is a $159.32 million market cap specialized consumer finance company engaged primarily in acquiring and servicing Contracts for purchases of new and used automobiles and light trucks. NDS is engaged in supporting and updating industry-specific computer application software for small businesses located primarily in the Southeast United States.
In addition, there are multiple hedge funds involved with the company. Cliff Asness‘ Aqr Capital Management saw a 139% rise in its activity last quarter, and now holds 2,061,882 shares worth about $16.7 million; while Rob Butts And Josh Clark‘s Southpoint Capital Advisors holds a total of 1,036,220 shares worth around $16.3 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.