Credit Acceptance (CACC) reported consolidated net income of $135.9 million, or $12.66 per diluted share, for the three months ended June 30, 2026. GAAP net income increased from $87.4 million, or $7.42 per diluted share, in the second quarter of 2025.
The company reported $587.4 million in GAAP total revenue for the quarter. Credit Acceptance also reported $1.4 billion in liquidity as of June 30, 2026, and repurchased 262,963 shares during the quarter at a cost of $141.4 million.
- Net income $135.9 million, up 55.5% from the prior-year quarter.
- Diluted EPS $12.66, up 70.6% from $7.42 a year earlier.
- Loan portfolio Average balance was $8.0 billion, consistent with the second quarter of 2025.
- Consumer Loan volume Unit volume declined 1.0% to 84,615, while dollar volume rose 0.1% to $1.0 billion.
- Dealer network The company enrolled 1,456 new dealers and reported a record 11,004 active dealers during the quarter.
- Liquidity $1.4 billion available as of June 30, 2026.
$CACC Insider Trading Activity
$CACC insiders have traded $CACC stock on the open market 120 times in the past 6 months. Of those trades, 0 have been purchases and 120 have been sales.
Here’s a breakdown of recent trading of $CACC stock by insiders over the last 6 months:
- KENNETH BOOTH has made 0 purchases and 10 sales selling 25,219 shares for an estimated $13,691,100.
- JILL FOSS WATSON has made 0 purchases and 35 sales selling 21,886 shares for an estimated $13,194,475.
- ERIN J KERBER (Chief Legal Officer) has made 0 purchases and 22 sales selling 11,223 shares for an estimated $6,728,982.
- JAY D MARTIN (Chief Financial Officer) has made 0 purchases and 13 sales selling 8,944 shares for an estimated $4,689,127.
- JONATHAN LUM (Chief Operating Officer) has made 0 purchases and 2 sales selling 8,000 shares for an estimated $4,480,000.
- NICHOLAS J ELLIOTT (Chief Transformation Officer) has made 0 purchases and 30 sales selling 7,608 shares for an estimated $4,465,565.
- WENDY A RUMMLER (Chief People Officer) has made 0 purchases and 8 sales selling 6,056 shares for an estimated $3,236,068.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CACC Hedge Fund Activity
We have seen 146 institutional investors add shares of $CACC stock to their portfolio, and 100 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CERITY PARTNERS LLC removed 784,256 shares (-99.7%) from their portfolio in Q1 2026, for an estimated $332,101,045
- RUANE, CUNNIFF & GOLDFARB L.P. removed 389,929 shares (-72.7%) from their portfolio in Q1 2026, for an estimated $165,119,334
- KHROM CAPITAL MANAGEMENT LLC removed 138,215 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $58,528,523
- RENAISSANCE TECHNOLOGIES LLC added 58,080 shares (+1078.0%) to their portfolio in Q1 2026, for an estimated $24,594,556
- CITADEL ADVISORS LLC removed 56,194 shares (-85.7%) from their portfolio in Q1 2026, for an estimated $23,795,911
- GOLDMAN SACHS GROUP INC added 38,254 shares (+159.3%) to their portfolio in Q1 2026, for an estimated $16,199,038
- AMERICAN CENTURY COMPANIES INC added 31,988 shares (+53.5%) to their portfolio in Q1 2026, for an estimated $13,545,638
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.