Insider Selling: Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Sells 966 Shares of Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSSGet Rating) VP Teri Robinson sold 966 shares of the stock in a transaction that occurred on Thursday, April 21st. The stock was sold at an average price of $12.01, for a total transaction of $11,601.66. Following the completion of the transaction, the vice president now owns 376,834 shares in the company, valued at approximately $4,525,776.34. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Teri Robinson also recently made the following trade(s):

  • On Monday, February 28th, Teri Robinson sold 2,861 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $12.00, for a total transaction of $34,332.00.
  • On Friday, February 25th, Teri Robinson sold 1,432 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $12.00, for a total transaction of $17,184.00.

Consumer Portfolio Services stock traded up $0.02 during mid-day trading on Monday, hitting $11.51. The company had a trading volume of 161,876 shares, compared to its average volume of 147,974. The company has a current ratio of 14.08, a quick ratio of 14.08 and a debt-to-equity ratio of 10.81. Consumer Portfolio Services, Inc. has a 12-month low of $3.85 and a 12-month high of $14.77. The company’s fifty day moving average is $11.37 and its 200-day moving average is $9.83. The company has a market capitalization of $244.78 million, a price-to-earnings ratio of 4.86 and a beta of 2.44.

Consumer Portfolio Services (NASDAQ:CPSSGet Rating) last released its quarterly earnings data on Monday, February 14th. The credit services provider reported $0.68 EPS for the quarter. Consumer Portfolio Services had a return on equity of 39.24% and a net margin of 22.75%. The business had revenue of $69.37 million for the quarter.

Institutional investors have recently added to or reduced their stakes in the business. Deutsche Bank AG purchased a new position in shares of Consumer Portfolio Services during the 3rd quarter valued at approximately $148,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Consumer Portfolio Services by 26.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 13,451 shares of the credit services provider’s stock valued at $79,000 after buying an additional 2,792 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new position in shares of Consumer Portfolio Services during the 4th quarter valued at approximately $38,000. Bank of America Corp DE lifted its position in shares of Consumer Portfolio Services by 52.9% during the 4th quarter. Bank of America Corp DE now owns 5,218 shares of the credit services provider’s stock valued at $62,000 after buying an additional 1,805 shares in the last quarter. Finally, BNP Paribas Arbitrage SA purchased a new position in shares of Consumer Portfolio Services during the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 54.72% of the company’s stock.

Several equities analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of Consumer Portfolio Services in a report on Thursday, March 31st. They issued a “strong-buy” rating on the stock. Zacks Investment Research downgraded shares of Consumer Portfolio Services from a “buy” rating to a “hold” rating in a report on Tuesday, December 28th.

About Consumer Portfolio Services (Get Rating)

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.

See Also

Insider Buying and Selling by Quarter for Consumer Portfolio Services (NASDAQ:CPSS)

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