GP Strategies Corp. (NYSE:GPX) major shareholder Sagard Capital Partners, L.P. bought 5,757 shares of the business’s stock in a transaction that occurred on Monday, September 19th. The shares were acquired at an average price of $25.00 per share, for a total transaction of $143,925.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at 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.

Sagard Capital Partners, L.P. also recently made the following trade(s):

  • On Friday, September 9th, Sagard Capital Partners, L.P. purchased 9,294 shares of GP Strategies Corp. stock. The shares were purchased at an average price of $24.47 per share, with a total value of $227,424.18.

Shares of GP Strategies Corp. (NYSE:GPX) opened at 24.76 on Wednesday. GP Strategies Corp. has a 1-year low of $19.59 and a 1-year high of $28.59. The stock has a 50 day moving average of $23.98 and a 200 day moving average of $23.89. The company has a market cap of $411.68 million, a price-to-earnings ratio of 22.49 and a beta of 1.41.

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GP Strategies Corp. (NYSE:GPX) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by $0.03. The company earned $125.50 million during the quarter, compared to the consensus estimate of $127.96 million. GP Strategies Corp. had a return on equity of 12.82% and a net margin of 3.81%. The firm’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the company posted $0.27 earnings per share. Analysts predict that GP Strategies Corp. will post $1.19 EPS for the current year.

Several research analysts have issued reports on GPX shares. Zacks Investment Research lowered shares of GP Strategies Corp. from a “hold” rating to a “strong sell” rating in a report on Monday, August 1st. B. Riley restated a “buy” rating and set a $26.00 price target on shares of GP Strategies Corp. in a report on Sunday, July 31st.

Hedge funds and other institutional investors have recently bought and sold shares of the company. AlphaOne Investment Services LLC boosted its position in GP Strategies Corp. by 4.1% in the first quarter. AlphaOne Investment Services LLC now owns 137,591 shares of the company’s stock valued at $3,771,000 after buying an additional 5,405 shares during the period. Emerald Acquisition Ltd. bought a new position in GP Strategies Corp. during the second quarter valued at $4,476,000. Geode Capital Management LLC boosted its position in GP Strategies Corp. by 0.9% in the first quarter. Geode Capital Management LLC now owns 102,005 shares of the company’s stock valued at $2,794,000 after buying an additional 952 shares during the period. Envestnet Asset Management Inc. boosted its position in GP Strategies Corp. by 13.5% in the first quarter. Envestnet Asset Management Inc. now owns 27,238 shares of the company’s stock valued at $746,000 after buying an additional 3,245 shares during the period. Finally, NWQ Investment Management Company LLC boosted its position in GP Strategies Corp. by 2.0% in the first quarter. NWQ Investment Management Company LLC now owns 787,331 shares of the company’s stock valued at $21,573,000 after buying an additional 15,520 shares during the period. Institutional investors own 88.88% of the company’s stock.

About GP Strategies Corp.

GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

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