Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 7,000 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $117.51, for a total transaction of $822,570.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Monday, October 2nd, Silver Point Capital L.P. sold 17,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.39, for a total transaction of $1,995,630.00.
  • On Wednesday, October 4th, Silver Point Capital L.P. sold 30,500 shares of Cooper-Standard Holdings stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $105.42, for a total transaction of $11,648,910.00.

Shares of Cooper-Standard Holdings Inc. (NYSE:CPS) traded down 0.59% during mid-day trading on Wednesday, reaching $116.72. 74,249 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $105.21 and its 200-day moving average price is $106.00. Cooper-Standard Holdings Inc. has a one year low of $82.50 and a one year high of $118.60. The company has a market capitalization of $2.07 billion, a PE ratio of 14.70 and a beta of 0.77.

Cooper-Standard Holdings (NYSE:CPS) last announced its quarterly earnings data on Thursday, August 3rd. The auto parts company reported $2.60 EPS for the quarter, beating the 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 business had revenue of $909.10 million during the quarter, compared to analysts’ expectations of $884.02 million. During the same period in the previous year, the business posted $2.85 EPS. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. On average, equities analysts expect that Cooper-Standard Holdings Inc. will post $10.70 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio lifted its stake in Cooper-Standard Holdings by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 32,799 shares of the auto parts company’s stock valued at $3,308,000 after acquiring an additional 136 shares during the period. Verition Fund Management LLC lifted its stake in Cooper-Standard Holdings by 35.4% during the 2nd quarter. Verition Fund Management LLC now owns 3,818 shares of the auto parts company’s stock valued at $385,000 after acquiring an additional 998 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in Cooper-Standard Holdings during the 2nd quarter valued at approximately $389,000. Ameritas Investment Partners Inc. lifted its stake in Cooper-Standard Holdings by 20.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after acquiring an additional 259 shares during the period. Finally, California State Teachers Retirement System lifted its stake in Cooper-Standard Holdings by 6.4% during the 2nd quarter. California State Teachers Retirement System now owns 31,054 shares of the auto parts company’s stock valued at $3,132,000 after acquiring an additional 1,858 shares during the period. Institutional investors and hedge funds own 95.83% of the company’s stock.

A number of brokerages recently weighed in on CPS. Zacks Investment Research upgraded shares of Cooper-Standard Holdings from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Bank of America Corporation restated an “underperform” rating and set a $85.00 price objective (down previously from $94.00) on shares of Cooper-Standard Holdings in a research report on Friday, June 16th. BidaskClub downgraded shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. Finally, ValuEngine downgraded shares of Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. One investment 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. Cooper-Standard Holdings presently has an average rating of “Hold” and an average target price 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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