Douglas R. Rippel Takes Money Off The Table, Sells $34.03M In FirstCash Hldgs Stock

It was reported on February 13, that Douglas R. Rippel, 10% Owner at FirstCash Hldgs (NASDAQ:FCFS) executed a significant insider sell, according to an SEC filing.

What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Rippel sold 300,000 shares of FirstCash Hldgs. The total transaction value is $34,029,000.

As of Friday morning, FirstCash Hldgs shares are down by 0.0%, currently priced at $117.75.

Get to Know FirstCash Hldgs Better

FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. The the company has three reportable segments: U.S. pawn; Latin America pawn; and Retail POS payment solutions (AFF). It derives majority revenue from U.S. Pawn segment. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores.

FirstCash Hldgs: A Financial Overview

Revenue Growth: FirstCash Hldgs's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 3.72%. This signifies a substantial increase in ...

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