Credit Acceptance Corporation (CACC) is down 19.3% today. Here is some analysis on what might have caused this price movement. ([ir.creditacceptance.com](https://www.ir.creditacceptance.com/news-releases/news-release-details/credit-acceptance-announces-third-quarter-2026-results))
Analysis: The sharp drop appears tied to Credit Acceptance’s third-quarter results, which showed a GAAP net loss after the company changed its methodology for forecasting future cash flows from its loan portfolio. Investors also seem to be reacting to weaker expected collections on recent loan vintages and a large jump in provision for credit losses, even though adjusted profitability and loan volume were stronger. ([ir.creditacceptance.com](https://www.ir.creditacceptance.com/news-releases/news-release-details/credit-acceptance-announces-third-quarter-2026-results))
Details:
Sources:
Credit Acceptance, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CACC Insider Trading Activity
$CACC insiders have traded $CACC stock on the open market 94 times in the past 6 months. Of those trades, 0 have been purchases and 94 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 5 sales selling 16,000 shares for an estimated $8,894,260.
- JILL FOSS WATSON has made 0 purchases and 23 sales selling 12,436 shares for an estimated $8,105,444.
- ERIN J KERBER (Chief Legal Officer) has made 0 purchases and 22 sales selling 11,223 shares for an estimated $6,728,982.
- NICHOLAS J ELLIOTT (Chief Transformation Officer) has made 0 purchases and 30 sales selling 7,608 shares for an estimated $4,465,565.
- JONATHAN LUM (Chief Operating Officer) sold 5,000 shares for an estimated $2,875,000
- WENDY A RUMMLER (Chief People Officer) has made 0 purchases and 5 sales selling 1,994 shares for an estimated $1,100,782.
- JAY D MARTIN (Chief Financial Officer) has made 0 purchases and 8 sales selling 1,605 shares for an estimated $887,970.
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 149 institutional investors add shares of $CACC stock to their portfolio, and 134 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 410,464 shares (+177.2%) to their portfolio in Q2 2026, for an estimated $261,358,847
- RUANE, CUNNIFF & GOLDFARB L.P. removed 140,924 shares (-96.4%) from their portfolio in Q2 2026, for an estimated $89,731,947
- GOLDMAN SACHS GROUP INC added 106,740 shares (+171.4%) to their portfolio in Q2 2026, for an estimated $67,965,627
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 91,568 shares (+inf%) to their portfolio in Q2 2026, for an estimated $58,305,008
- UBS GROUP AG added 90,994 shares (+145.4%) to their portfolio in Q2 2026, for an estimated $57,939,519
- AQR CAPITAL MANAGEMENT LLC added 63,946 shares (+1322.8%) to their portfolio in Q2 2026, for an estimated $40,716,976
- TWIN LIONS MANAGEMENT LLC removed 61,604 shares (-63.4%) from their portfolio in Q2 2026, for an estimated $39,225,730
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.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
