Portfolio Recovery Associates Inc. (PRAA) President, CEO, Chairman Steven D Fredrickson sells 2,204 Shares

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Aug 04, 2009
President, CEO, Chairman of Portfolio Recovery Associates Inc. (PRAA, Financial) Steven D Fredrickson sells 2,204 shares of PRAA on 08/03/2009 at an average price of $46.64 a share.

Portfolio Recovery Associates is a full-service provider of outsourced receivables management. They purchase collect and manage portfolios of defaulted consumer receivables. Defaulted consumer receivables are the unpaid obligations of individuals to credit originators including banks credit unions consumer and auto finance companies retail merchants and other service providers. The defaulted consumer receivables Portfolio Recovery Associates collects are either purchased from the credit originator or are collected on behalf of clients on a commission basis. Portfolio Recovery Associates Inc. has a market cap of $709.7 million; its shares were traded at around $46.27 with a P/E ratio of 16.2 and P/S ratio of 2.7. Portfolio Recovery Associates Inc. had an annual average earning growth of 25.1% over the past 5 years.





Recent Trades of Portfolio Recovery Associates Inc. by Directors and Officers:
  • Sell: EVP-General Counsel, Secretary Judith S Scott sold 700 shares of PRAA stock on 05/08/2009 at the average price of $37.08; the price of the stock has increased by 24.78% since.

  • Sell: Director James M Voss sold 2,800 shares of PRAA stock on 05/06/2009 at the average price of $35.11; the price of the stock has increased by 31.79% since.