Credit Acceptance (CACC) Insider Elliott Buys $5.3K of Stock
Chief Transformation Officer Nicholas Elliott picked up 16 shares of Credit Acceptance Corporation.
Reviewed by automated data checks against the source filing. How we make and check alerts
Nicholas Elliott, Chief Transformation Officer at Credit Acceptance Corporation ($CACC), bought 16 shares at an average price of $333.94, worth about $5,343.04, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CACC is up 0.8% after 1 week, up 7.6% after 1 month and down 5.5% to date (from the $572.79 close on Jun 15, 2026).
Key Points
- Credit Acceptance Corporation Chief Transformation Officer Nicholas Elliott bought 16 shares on June 15, 2026, at a price of $333.94 for a total value of $5,343.04.
- The stock trades near $574.10, positioned below its 50-day moving average of $592.34 as investors await the next earnings report on October 29, 2026.
- Recent executive filings also captured share sales from Elliott alongside transactions from Chief Legal Officer Erin Kerber and Chief Financial Officer Jay Martin.
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Credit Acceptance Insider Nicholas Elliott Buys Shares
Credit Acceptance Corporation NasdaqGS: CACC saw internal share activity when Chief Transformation Officer Nicholas Elliott bought 16 shares of company stock on June 15, 2026. The transaction took place at a price of $333.94 per share, resulting in a total value of $5,343.04.
Credit Acceptance Stock Position and Timing
Trading around $574.10, shares of Credit Acceptance rest between key technical markers as the calendar moves toward autumn. The price sits below the 50-day moving average of $592.34 while remaining above the 200-day moving average of $526.53. Over the past year, the equity has moved between a low of $401.90 and a high of $668.86.
Recent Insider Transactions at Credit Acceptance
Executive trading picked up through late June alongside this purchase. Chief Financial Officer Jay Martin bought 3,000 shares on June 24, 2026, at a price of $333.94 for a total of $1,001,820.00. Chief Legal Officer Erin Kerber picked up 5,720 shares at $403.33 on June 26, 2026, worth $2,307,058.47, and separately disposed of 5,720 shares on the same date. Chief Operating Officer Jonathan Lum parted with 6,000 shares on June 24, 2026, at $600.00 per share for a total value of $3,600,000.00 in a planned transaction. Nicholas Elliott also executed planned sales, parting with 3,487 shares on June 24, 2026, at $601.01 totaling $2,095,734.42, and another 2,306 shares on June 26, 2026, at $629.99 for a value of $1,452,749.79.
Analysts Set New Price Targets
TD Cowen keeps a hold rating on the company. On July 7, 2026, the firm set a price target of $575.00, raised it to $600.00 on August 5, 2026, and adjusted it to $590.00 on October 6, 2026. Across the wider analyst community, the stock carries a consensus hold rating and a mean price target of $636.67 based on three opinions.
Credit Services Operations in Southfield
Headquartered in Southfield, Michigan, Credit Acceptance runs financing programs and related services across the United States. The company advances money to automobile dealers and services underlying consumer loans while employing a workforce of 2,314 people.
What to Watch Next for Investors
Participants can monitor upcoming executive filings and prepare for the next quarterly financial update, which is scheduled for October 29, 2026. Insider reports reflect individual executive decisions and do not signal broader company direction.
Source: Nicholas Elliott's Form 4 filing on $CACC (Jun 15, 2026). Find the original filing: CACC Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts