Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 17,000 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $117.39, for a total transaction of $1,995,630.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Tuesday, October 3rd, Silver Point Capital L.P. sold 7,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $117.51, for a total transaction of $822,570.00.
  • On Wednesday, October 4th, Silver Point Capital L.P. sold 30,500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $117.42, for a total transaction of $3,581,310.00.
  • On Thursday, September 28th, Silver Point Capital L.P. sold 25,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $117.04, for a total transaction of $2,926,000.00.
  • On Wednesday, September 27th, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $116.30, for a total transaction of $3,489,000.00.
  • On Friday, September 29th, Silver Point Capital L.P. sold 62,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $116.67, for a total transaction of $7,233,540.00.
  • On Monday, July 17th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $108.46, for a total transaction of $1,735,360.00.
  • On Tuesday, July 18th, Silver Point Capital L.P. sold 26,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $108.50, for a total transaction of $2,821,000.00.
  • On Thursday, July 13th, Silver Point Capital L.P. sold 100,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.25, for a total transaction of $10,525,000.00.
  • On Wednesday, July 12th, Silver Point Capital L.P. sold 500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.76, for a total transaction of $52,880.00.
  • On Friday, July 14th, Silver Point Capital L.P. sold 110,500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.42, for a total transaction of $11,648,910.00.

Cooper-Standard Holdings Inc. (NYSE CPS) traded down 0.59% during trading on Wednesday, hitting $116.72. 74,249 shares of the stock traded hands. Cooper-Standard Holdings Inc. has a 12 month low of $82.50 and a 12 month high of $118.60. The firm has a 50-day moving average price of $105.21 and a 200 day moving average price of $106.00. The firm has a market cap of $2.07 billion, a PE ratio of 14.70 and a beta of 0.77.

Cooper-Standard Holdings (NYSE:CPS) last released its quarterly earnings data on Thursday, August 3rd. The auto parts company reported $2.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.58 by $0.02. Cooper-Standard Holdings had a net margin of 4.22% and a return on equity of 26.90%. The firm had revenue of $909.10 million for the quarter, compared to the consensus estimate of $884.02 million. During the same period last year, the firm earned $2.85 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. On average, equities analysts forecast that Cooper-Standard Holdings Inc. will post $10.70 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mason Street Advisors LLC boosted its stake in shares of Cooper-Standard Holdings by 7.3% during the first quarter. Mason Street Advisors LLC now owns 4,139 shares of the auto parts company’s stock valued at $459,000 after purchasing an additional 281 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of Cooper-Standard Holdings by 1.1% during the second quarter. Arizona State Retirement System now owns 9,300 shares of the auto parts company’s stock valued at $938,000 after purchasing an additional 100 shares in the last quarter. Thrivent Financial For Lutherans boosted its stake in shares of Cooper-Standard Holdings by 3.6% during the first quarter. Thrivent Financial For Lutherans now owns 9,880 shares of the auto parts company’s stock valued at $1,096,000 after purchasing an additional 340 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Cooper-Standard Holdings by 12.2% during the first quarter. SG Americas Securities LLC now owns 4,212 shares of the auto parts company’s stock valued at $467,000 after purchasing an additional 458 shares in the last quarter. Finally, Dupont Capital Management Corp bought a new position in shares of Cooper-Standard Holdings during the second quarter valued at approximately $1,191,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Several equities analysts have recently issued reports on the stock. ValuEngine upgraded shares of Cooper-Standard Holdings from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 6th. Zacks Investment Research lowered shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. BidaskClub upgraded shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Bank of America Corporation reiterated an “underperform” rating and set a $85.00 target price (down from $94.00) on shares of Cooper-Standard Holdings in a report on Friday, June 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $108.60.

About Cooper-Standard Holdings

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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