CREDIT ACCEPTANCE CORP
At today's price, CREDIT ACCEPTANCE CORP (CACC) is priced for today's economics sustained for ~7.5 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Credit Acceptance lends to deep-subprime car buyers by sharing the credit risk with dealers rather than taking it all on, a model that has produced a trailing return on equity near 30%. • The defining risk is that the entire business runs on forecasting how much it will collect from borrowers who often cannot pay; if those forecasts prove too optimistic, the loans on the books are worth less than stated. • The near-term picture is stabilization: in the first quarter of 2026 the forecast of fut
Is CACC overvalued? See what's priced in →
249 institutional managers reported holding CACC in 13F filings for the quarter ended 2026-03-31. Together they hold about 62% of the company; the top 10 hold 39%. 44 opened new positions that quarter. Held by Vanguard Group, Wellington Management, BlackRock, among others. On the short side, 1.0M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (6.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CACC has cut its share count 36% over the past five years, spending $3.29B on repurchases. It pays no dividend. Cash returned over the past three years: $1.40B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at CACC over the trailing three years: 2024: 2 buys totaling $1.78M. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CACC's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-02 | -13.1% | -10.4% |
| 2023-10-31 | -0.5% | +34.2% |
| 2024-02-13 | +4.9% | -3.2% |
| 2024-05-01 | -6.9% | +5.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CACC's latest 8-K filings: 2026-06-15 (items 1.01, 2.03, 8.01, 9.01); 2026-06-10 (items 5.02, 7.01, 9.01); 2026-06-10 (items 5.07); 2026-05-11 (items 1.01, 2.03, 8.01, 9.01); 2026-05-05 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.