Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 11,000 shares of the stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $111.70, for a total transaction of $1,228,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 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 Thursday, October 5th, Silver Point Capital L.P. sold 3,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.01, for a total transaction of $351,030.00.
  • 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.

Cooper-Standard Holdings Inc. (NYSE:CPS) traded up 0.96% during trading on Tuesday, reaching $112.30. 231,845 shares of the company traded hands. The company’s 50-day moving average price is $110.48 and its 200 day moving average price is $106.49. Cooper-Standard Holdings Inc. has a 52 week low of $82.50 and a 52 week high of $118.60. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 14.15 and a beta of 0.76.

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 return on equity of 26.90% and a net margin of 4.22%. The business had revenue of $909.10 million during the quarter, compared to analyst estimates of $884.02 million. During the same quarter in the previous year, the firm earned $2.85 EPS. Cooper-Standard Holdings’s revenue was up 3.4% on a year-over-year basis. On average, equities research analysts expect that Cooper-Standard Holdings Inc. will post $10.63 EPS for the current year.

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Several equities analysts recently weighed in on CPS shares. Buckingham Research reduced their price target on shares of Cooper-Standard Holdings from $131.00 to $129.00 and set a “buy” rating for the company in a research report on Thursday, October 19th. Zacks Investment Research upgraded shares of Cooper-Standard Holdings from a “hold” rating to a “buy” rating and set a $129.00 price target for the company in a research report on Monday, October 9th. BidaskClub upgraded shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Goldman Sachs Group, Inc. (The) lowered shares of Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 price target for the company. in a research report on Monday, October 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Cooper-Standard Holdings presently has an average rating of “Hold” and a consensus price target of $114.60.

Several institutional investors have recently added to or reduced their stakes in the business. Suntrust Banks Inc. grew its stake in shares of Cooper-Standard Holdings by 1.7% during the 2nd quarter. Suntrust Banks Inc. now owns 2,889 shares of the auto parts company’s stock valued at $291,000 after purchasing an additional 49 shares during the period. CS Mckee LP grew its stake in shares of Cooper-Standard Holdings by 0.4% during the 2nd quarter. CS Mckee LP now owns 13,550 shares of the auto parts company’s stock valued at $1,367,000 after purchasing an additional 50 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Cooper-Standard Holdings by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,863 shares of the auto parts company’s stock valued at $390,000 after purchasing an additional 52 shares during the period. Louisiana State Employees Retirement System grew its stake in shares of Cooper-Standard Holdings by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 7,300 shares of the auto parts company’s stock valued at $736,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System grew its stake in shares of Cooper-Standard Holdings by 1.1% during the 2nd 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 during the period. Institutional investors and hedge funds own 95.26% of the company’s stock.

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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