$RCII Rent A Center Inc ranked positive on April 1st 2021

Smart Insider $RCII Rent A Center Inc ranked positive on April 1st 2021

$RCII Rent A Center Inc ranked positive on April 1st 2021

Rent A Center Inc – (RCII, +1) – Jeffrey Brown (Chairman since 2019, joined 2017) purchased US$1.5 million worth of stock on February 26th at $55.56, more than doubling his holdings to 47,765 shares. Brown’s only other purchase in this stock was 1/3 this size in May 2020 at $23 and proved timely. He has also been timely in trades outside of RCII. This large purchase, into strength, is interesting to see. We are ranking the stock +1. Note: the trade was reported a month late for which he acknowledged on the form. The stock reached a high of $65 on March 15 but has since dropped back to just 2 points above where Brown bought his shares.

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