Insider Selling: Consumer Portfolio Services Major Shareholder Sells 28,443 Shares of Stock (CPSS)
Consumer Portfolio Services (NASDAQ:CPSS) major shareholder Levine Leichtman Capital Partn sold 28,443 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $6.05, for a total transaction of $172,080.15. The transaction was disclosed in a legal 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 analysts have recently weighed in on CPSS shares. 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.
Consumer Portfolio Services (NASDAQ:CPSS) traded down 0.50% during mid-day trading on Thursday, hitting $5.99. 44,181 shares of the company’s stock traded hands. Consumer Portfolio Services has a 52-week low of $2.92 and a 52-week high of $12.79. The stock’s 50-day moving average is $6.22 and its 200-day moving average is $7.87. The company has a market cap of $129.4 million and a P/E ratio of 2.35.
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. On average, analysts predict that Consumer Portfolio Services will post $0.61 earnings per share for the current fiscal year.
Consumer Portfolio Services Inc (NASDAQ:CPSS) is a specialty finance company.
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