credit acceptance (nasdaq: cacc) is a 1,300+ employee, michigan-based indirect finance company with 2014 operating revenues of $723m. founded in 1972, credit acceptance works with car dealers nationwide to enable them to sell vehicles to customers on credit, regardless of their credit history. the company’s motto, “we change lives!” speaks to team members’ pride in their ability to make a difference in the lives of dealers and customers alike. we offer a great work environment, awesome team members, competitive benefits, progressive career opportunities, a casual dress code and we work hard to ensure every team member is empowered to work to their fullest potential. if you align with our values and demonstrate pride (positive, respectful, insightful, direct and earnest) in your work, we would love to hear from you!
Company profile
Ticker
CACC
Exchange
Website
CEO
Kenneth S. Booth
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CREDIT ACCEPTANCE CORPORATION
SEC CIK
Corporate docs
Subsidiaries
Buyers Vehicle Protection Plan, Inc • CAC International Holdings, LLC • CAC of Canada Company • CAC Reinsurance, Ltd. • CAC Warehouse Funding LLC • Credit Acceptance Funding LLC • Chapter 4 Properties, LLC • Vehicle Remarketing Services, Inc. • VSC Re Company ...
IRS number
381999511
CACC stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
3 Apr 24
8-K
Credit Acceptance Announces Completion of $500.0 Million Asset-backed Financing
3 Apr 24
8-K
Credit Acceptance Announces Completion of $200.0 Million Asset-backed Financing
29 Feb 24
8-K
Entry into a Material Definitive Agreement
22 Feb 24
10-K
2023 FY
Annual report
9 Feb 24
8-K
Results of Operations and Financial Condition
31 Jan 24
8-K
Departure of Directors or Certain Officers
25 Jan 24
8-K
Entry into a Material Definitive Agreement
4 Jan 24
8-K
Credit Acceptance Announces Completion of $294.0 Million Asset-backed Financing
27 Dec 23
8-K
Entry into a Material Definitive Agreement
19 Dec 23
Transcripts
CACC
Earnings call transcript
2023 Q4
31 Jan 24
CACC
Earnings call transcript
2023 Q3
30 Oct 23
CACC
Earnings call transcript
2023 Q2
1 Aug 23
CACC
Earnings call transcript
2023 Q1
1 May 23
CACC
Earnings call transcript
2022 Q4
31 Jan 23
CACC
Earnings call transcript
2022 Q3
2 Nov 22
CACC
Earnings call transcript
2022 Q2
2 Aug 22
CACC
Earnings call transcript
2022 Q1
3 May 22
CACC
Earnings call transcript
2021 Q4
1 Feb 22
CACC
Earnings call transcript
2021 Q3
1 Nov 21
Latest ownership filings
SC 13D/A
Watson Jill Foss
25 Mar 24
4
DOUGLAS W BUSK
25 Mar 24
SC 13D/A
Donald A. Foss 2009 Annuity Trust
22 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
4
JONATHAN LUM
19 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
ARTHUR L SMITH
4 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
SC 13D/A
Watson Jill Foss
14 Feb 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 228 |
Opened positions | 31 |
Closed positions | 33 |
Increased positions | 61 |
Reduced positions | 78 |
13F shares | Current |
---|---|
Total value | 4.20 tn |
Total shares | 12.47 mm |
Total puts | 196.90 k |
Total calls | 131.10 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Ruane, Cunniff & Goldfarb | 1.57 mm | $0.00 |
Prescott General Partners | 1.56 mm | $792.38 bn |
Donald A. Foss 2009 Annuity Trust | 1.45 mm | $0.00 |
Watson Jill Foss | 962.82 k | $542.17 mm |
Cerity Partners | 887.22 k | $450.65 bn |
Ruane, Cunniff & Goldfarb | 788.45 k | $400.47 bn |
Wellington Management | 600.21 k | $304.87 bn |
Vanguard | 587.53 k | $298.42 bn |
Gobi Capital | 474.93 k | $241.23 bn |
Beck Mack & Oliver | 325.35 k | $165.26 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Busk Douglas W | Common Stock | Sell | Dispose S | No | No | 572.58 | 2,500 | 1.43 mm | 3,112 |
21 Mar 24 | Busk Douglas W | Common Stock | Option exercise | Acquire M | No | No | 333.94 | 2,500 | 834.85 k | 5,612 |
21 Mar 24 | Busk Douglas W | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 333.94 | 2,500 | 834.85 k | 38,500 |
15 Mar 24 | Jonathan Lum | Common Stock | Sell | Dispose S | No | No | 551.1 | 200 | 110.22 k | 8,161 |
15 Mar 24 | Jonathan Lum | Common Stock | Sell | Dispose S | No | No | 549.57 | 2,300 | 1.26 mm | 8,361 |
15 Mar 24 | Jonathan Lum | Common Stock | Option exercise | Acquire M | No | No | 333.94 | 2,500 | 834.85 k | 10,661 |
15 Mar 24 | Jonathan Lum | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 333.94 | 2,500 | 834.85 k | 37,500 |
1 Mar 24 | Arthur L Smith | Common Stock | Sell | Dispose S | No | No | 554 | 8,723 | 4.83 mm | 500 |
1 Mar 24 | Arthur L Smith | Common Stock | Option exercise | Acquire M | No | No | 333.94 | 8,723 | 2.91 mm | 9,223 |
1 Mar 24 | Arthur L Smith | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 333.94 | 8,723 | 2.91 mm | 37,500 |
News
Why C.H. Robinson Shares Are Trading Lower By Over 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
1 Feb 24
Recap: Credit Acceptance Q4 Earnings
31 Jan 24
Credit Acceptance Q4 Adj EPS $10.06 Beats $5.43 Estimate, Sales $491.60M Beat $489.53M Estimate
31 Jan 24
Earnings Scheduled For January 31, 2024
31 Jan 24
Credit Acceptance's Earnings Outlook
30 Jan 24
Press releases
Credit Acceptance Celebrates 10th Year on Fortune's 100 Best Companies to Work For® List
4 Apr 24
Credit Acceptance Named 2024 Top Workplaces USA Award Winner
20 Mar 24
Credit Acceptance Announces Completion of $200.0 Million Asset-Backed Financing
27 Feb 24
Credit Acceptance Announces Extension of $100.0 Million Asset-Backed Financing
16 Feb 24
Credit Acceptance Announces Fourth Quarter and Full Year 2023 Results
31 Jan 24