In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Rent A Center Inc. De (NASDAQ:RCII) reported that Engaged Capital has picked up 2,519,969 of common stock as of 2017-03-15.

The acquisition brings the aggregate amount owned by Engaged Capital to a total of 2,519,969 representing a 4.7% stake in the company.

For those not familiar with the company, Rent-A-Center, Inc. is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories), under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico and Franchising. Its Core U.S. and Mexico stores generally offer merchandise from over five basic product categories: consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories). The Acceptance Now segment provides an on-site rent-to-own option at a third-party retailer’s location. Its Franchising segment engages in the sale of rental merchandise to its franchisees who, in turn, offer the merchandise to the general public for rent or purchase under a rent-to-own transaction. It offers brands, such as LG, Frigidaire, Acer, Apple, Asus, Samsung, Ashley, Powell and Standard.

A glance at Rent A Center Inc. De (NASDAQ:RCII)’s key stats reveals a current market capitalization of 509.47 Million based on 53.20 Million shares outstanding and a price at last close of $9.40 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-02-27, Denman picked up 5,000 at a purchase price of $8.70. This brings their total holding to 21,162 as of the date of the filing.

On the sell side, the most recent transaction saw Gade unload 9,000 shares at a sale price of $27.39. This brings their total holding to 2,400.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Rent A Center Inc. De (NASDAQ:RCII) as things move forward to see if its progress aligns with these transactions.

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