Consumer Portfolio Services Major Shareholder Sells $134,794 in Stock (CPSS)
Consumer Portfolio Services (NASDAQ:CPSS) major shareholder Levine Leichtman Capital Partn sold 22,280 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $6.05, for a total value of $134,794.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock 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, September 9th.
Shares of Consumer Portfolio Services (NASDAQ:CPSS) traded up 1.51% during mid-day trading on Monday, hitting $6.05. 80,376 shares of the company’s stock traded hands. Consumer Portfolio Services has a 1-year low of $2.66 and a 1-year high of $12.79. The stock’s 50-day moving average is $6.24 and its 200-day moving average is $7.92. The company has a market cap of $130.7 million and a price-to-earnings ratio of 2.33.
Consumer Portfolio Services (NASDAQ:CPSS) last announced its 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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