Insider Selling: Cooper-Standard Holdings major shareholder Sells 4,700 Shares of Stock (CPS)
Cooper-Standard Holdings (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 4,700 shares of Cooper-Standard Holdings stock on the open market in a transaction dated Friday, June 27th. The stock was sold at an average price of $67.88, for a total transaction of $319,036.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Cooper-Standard Holdings (NYSE:CPS) traded down 0.06% during mid-day trading on Monday, hitting $66.16. The stock had a trading volume of 94,839 shares. Cooper-Standard Holdings has a 52-week low of $45.50 and a 52-week high of $71.11. The stock’s 50-day moving average is $65.00 and its 200-day moving average is $61.60. The company has a market cap of $1.122 billion and a P/E ratio of 26.30.
Cooper-Standard Holdings (NYSE:CPS) last posted its quarterly earnings results on Monday, May 5th. The company reported $1.10 earnings per share (EPS) for the quarter. The company had revenue of $837.60 million for the quarter, compared to the consensus estimate of $747.60 million.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.