BUZZ-Debt collector Jefferson Capital rises after top holder slices stake in $205 mln secondary offering

Reuters
2026.01.08 12:33
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Jefferson Capital's shares rose 2.2% to $21.10 following a $205 million secondary offering. The firm sold 10 million shares at $20.50, with CEO David Burton selling 335,000 shares. JCAP plans to repurchase 3 million shares from underwriters. The stock previously closed at $23.02, its highest since its IPO in June 2025. Analysts remain bullish, with a median price target of $26.50.