Consumer Portfolio Services Major Shareholder Levine Leichtman Capital Partn Sells 89,830 Shares (CPSS)
Consumer Portfolio Services (NASDAQ:CPSS) major shareholder Levine Leichtman Capital Partn unloaded 89,830 shares of the stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $6.07, for a total transaction of $545,268.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
A number of research firms have recently commented on CPSS. Analysts at Thomson Reuters/Verus downgraded shares of Consumer Portfolio Services (NASDAQ:CPSS) from a “hold” rating to a “sell” rating in a research note to investors on Monday.
Consumer Portfolio Services (NASDAQ:CPSS) traded down 0.82% on Wednesday, hitting $6.02. 71,465 shares of the company’s stock traded hands. Consumer Portfolio Services has a 52-week low of $2.58 and a 52-week high of $12.79. The stock’s 50-day moving average is $6.25 and its 200-day moving average is $7.96. The company has a market cap of $130.1 million and a P/E ratio of 2.37.
Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.15 earnings per share (EPS) for the quarter. Analysts expect that Consumer Portfolio Services will post $0.61 EPS for the current fiscal year.
Consumer Portfolio Services Inc (NASDAQ:CPSS) is a specialty finance company.
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