Welcome to the wild world of PRA Group (PRAA, $13.44, -1.83%) — the debt collectors with a heart (and an appetite for value). Headquartered in Norfolk, Virginia, PRA Group buys, collects, and manages portfolios of nonperforming loans around the world. In plain English? If you've ever ghosted your credit card bill, they may be the ones calling (sorry).

But while their business might not earn them Valentine's cards, their stock might earn your portfolio a second date. Let's dive in 🌊.

🚀 Trigger: Two Insider Buys Say "Swipe Right"

Two directors just loaded up on shares in May 2025:

• Brett Paschke: 5,000 shares @ $13.39

• Geir Olsen: 18,230 shares @ $13.59

And they’re not alone. Insiders have been buying for two years, including the CEO, who only briefly paused for a snack (aka a small sale).

📈 Fund Frenzy: They Own More Than the Company

Institutional ownership = 101.48% of the float (how?! 🤯 Thank you, shorts and synthetic longs?).

Top holders:

• BlackRock: 18.63%

• Vanguard: 10.84%

• Wellington Management: 9.48%

• T. Rowe Price, State Street, and others round out the VIP list.

• Check this out for more.

📅 Q1 2025 Highlights:

• Portfolio purchases: $291.7M (+18.7% YoY)

• Estimated remaining collections (ERC): Record $7.8B (+20.1%)

• Cash collections: $497.4M (+10.7%)

• Net income: $3.7M (+5.3%)

• EPS: $0.09

• Cash efficiency: 60.8% (+284 bps)

• Adjusted EBITDA (12mo): $1.2B (+13.5%)

Not bad for a company that spends its days chasing overdue gym memberships and forgotten furniture bills.

🌀 From bad debts to bubbly bets?
Take a sip of Pepsico’s case. 🍹📈
Sometimes value hides where you'd least expect—like behind vending machines and snack aisles.

🔍 CEO Soundbites & Strategy

Vikram Atal (outgoing CEO):

"Our U.S. cash collections didn’t quite hit peak refund season this time, but we still posted record ERC and strong performance overall."

Now entering stage left: Martin Sjolund, 13-year veteran and the new CEO. He brings European flair and a track record to match. Could this be the start of a new chapter?

💲 Why This Stock Might Be a Bargain:

• P/E: 7.67

• Forward P/E: 7.52

• Solid collections

• Insider support

• Institutional love

Not sexy, but strong. Not spicy, but solid. PRAA is one of those stocks that might just quietly double while everyone else is arguing about AI and meme coins.

🤍 Verdict: Collecting Cash > Chasing Customers

Whether you're a value investor, contrarian, or just someone who thinks buying at 7x earnings with institutional backing sounds smart... this one might be worth a call.

Just make sure PRA Group calls you as a shareholder, not as a debtor. 🤭

Usual disclaimer applies. This is not financial advice. But if it were, it'd probably start with "Pay your bills." 😉

Check out our Insider Purchases Hub
Or how about our Hedge Fund Hub?