Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 3,000 shares of the firm’s stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $117.01, for a total transaction of $351,030.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 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 Tuesday, October 3rd, Silver Point Capital L.P. sold 7,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.51, for a total transaction of $822,570.00.
  • 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.

Cooper-Standard Holdings Inc. (NYSE CPS) traded up 0.20% during mid-day trading on Tuesday, hitting $114.38. 127,306 shares of the stock were exchanged. The company has a 50-day moving average of $107.04 and a 200-day moving average of $106.09. The stock has a market capitalization of $2.03 billion, a PE ratio of 14.41 and a beta of 0.76. Cooper-Standard Holdings Inc. has a 52 week low of $82.50 and a 52 week high of $118.60.

Cooper-Standard Holdings (NYSE:CPS) last issued its earnings results on Thursday, August 3rd. The auto parts company reported $2.60 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $884.02 million. During the same quarter in the prior year, the business earned $2.85 earnings per share. Cooper-Standard Holdings’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities analysts predict that Cooper-Standard Holdings Inc. will post $10.70 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the stock. Mason Street Advisors LLC boosted its position 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 worth $459,000 after acquiring an additional 281 shares during the last quarter. Arizona State Retirement System boosted its position 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 worth $938,000 after acquiring an additional 100 shares during the last quarter. Thrivent Financial For Lutherans boosted its position 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 worth $1,096,000 after acquiring an additional 340 shares during the last quarter. LSV Asset Management boosted its position in shares of Cooper-Standard Holdings by 5.7% during the second quarter. LSV Asset Management now owns 801,719 shares of the auto parts company’s stock worth $80,869,000 after acquiring an additional 43,200 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position 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 worth $467,000 after acquiring an additional 458 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Several research analysts have commented on CPS shares. Zacks Investment Research downgraded shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Bank of America Corporation reaffirmed an “underperform” rating and set a $85.00 price objective (down from $94.00) on shares of Cooper-Standard Holdings in a report on Friday, June 16th. BidaskClub downgraded shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Finally, ValuEngine downgraded shares of Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $111.20.

Cooper-Standard Holdings Company Profile

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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