Jefferson Capital Director Sells 424,296 Shares at $15/Share on June 27, 2025.

Jefferson Capital, Inc. (DE[JCAP]) has announced that Director Burton David M. has sold 424,296 shares at $15 per share on June 27, 2025.

Jefferson Capital Inc. (DE[JCAP]), a debt collector specializing in the management and purchase of charged-off consumer accounts, has seen a significant market response following its initial public offering (IPO) on June 27, 2025. The company's stock price surged nearly 25% on its first day of trading, reflecting strong investor interest [1].

CEO David Burton sold 424,296 shares at $15 per share on the same day the company completed its IPO [2]. This sale comes after Jefferson Capital raised $150 million by offering 10 million shares at $15 per share, with the stock priced between $15 and $17 per share [1]. The company's stock is now trading on the Nasdaq under the ticker symbol JCAP.

Jefferson Capital's IPO was well-received by investors, with shares trading at $18.54 on the first day and maintaining a bump at $18.66 on Friday morning. The company's strong performance is attributed to its proprietary analytics, which help it collect more money than it paid to acquire the debt [1].

The IPO market in the United States has seen increased activity this year, with Jefferson Capital becoming the 97th company to price an IPO in 2025. This represents a 43% increase over the number of companies that completed IPOs at this point last year [1]. However, the combined amount raised by these IPOs is 4% less than last year's total, indicating a shift towards smaller offerings.

Jefferson Capital's IPO marks the second Minnesota-based public company to complete a traditional IPO in the last 12 months, following Maple Grove-based medtech company Anteris Technologies, which went public in December 2024 [1]. The company reported $433 million in revenue during 2024, up 34% from the prior year, and earned a $129 million profit, up 15% compared to 2023 [1].

References:
[1] https://www.startribune.com/minnesota-based-debt-collector-jefferson-capital-raises-150-million-in-ipo/601381868
[2] https://www.quiverquant.com/news/Jefferson+Capital,+Inc.+Announces+Pricing+of+Initial+Public+Offering+of+10+Million+Shares+at+$15.00+Each