Form 4: Prescott General Partners LLC Increases Stake in Credit Acceptance Corp (CACC)

Prescott General Partners LLC, through affiliated entities, acquired additional shares of Credit Acceptance Corp (CACC) at an average price of approximately $446.

Summary

• Prescott General Partners LLC, through its affiliated entities Idoya Partners L.P., Prescott Associates L.P., and Prescott International Partners L.P., acquired additional shares of Credit Acceptance Corp (CACC).
• On September 18, 2024, Idoya Partners L.P. purchased 1,000 shares at $445.24 per share and 3,000 shares at $446.43 per share.
• Following these transactions, Idoya Partners L.P. beneficially owns 515,337 shares.
• Prescott Associates L.P. beneficially owns 1,007,057 shares.
• Prescott International Partners L.P. beneficially owns 30,034 shares.
• Prescott General Partners LLC disclaims beneficial ownership of these shares except to the extent of its pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating increased ownership, which can be seen as a slightly positive signal, but it's not overwhelmingly positive.

Positives

• Increased investment by Prescott General Partners LLC suggests confidence in Credit Acceptance Corp's future prospects.

Industry Context

This filing reflects insider activity, which is closely monitored by investors for signals about a company's prospects. Increased ownership by a significant shareholder like Prescott General Partners LLC can be viewed positively.

Stakeholder Impact

• The increased stake by Prescott General Partners LLC could positively influence shareholder confidence.

Key Dates