Insider Sale: Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Sells 966 Shares

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Consumer Portfolio Services, Inc. (NASDAQ: CPSS – Get Rating) Vice President Teri Robinson sold 966 shares in a trade that took place Thursday, April 21. The stock was sold at an average price of $12.01, for a total transaction of $11,601.66. Following the completion of the transaction, the vice president now owns 376,834 shares of the company, valued at approximately $4,525,776.34. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website.

Teri Robinson also recently made the following trade(s):

  • On Monday, February 28, Teri Robinson sold 2,861 shares of Consumer Portfolio Services. The stock was sold at an average price of $12.00, for a total transaction of $34,332.00.
  • On Friday, February 25, Teri Robinson sold 1,432 shares of Consumer Portfolio Services. The stock was sold at an average price of $12.00, for a total transaction of $17,184.00.

Consumer Portfolio Services stock traded down $0.02 at midday on Monday, hitting $11.51. The company had a trading volume of 161,876 shares, compared to an average volume of 147,974. The company has a current ratio of 14.08, a quick ratio of 14.08 and a debt ratio of 10.81. Consumer Portfolio Services, Inc. has a 12 month minimum of $3.85 and a 12 month maximum of $14.77. The company’s fifty-day moving average is $11.37 and its 200-day moving average is $9.83. The company has a market cap of $244.78 million, a price-earnings ratio of 4.86, and a beta of 2.44.

Consumer Portfolio Services (NASDAQ: CPSS – Get Rating) last released its quarterly earnings data on Monday, February 14. The credit service provider reported EPS of $0.68 for the quarter. Consumer Portfolio Services recorded a return on equity of 39.24% and a net margin of 22.75%. The company had revenue of $69.37 million for the quarter.

Institutional investors have recently increased or reduced their stake in the company. Deutsche Bank AG bought a new stock position in Consumer Portfolio Services during Q3, valued at around $148,000. Connor Clark & ​​Lunn Investment Management Ltd. increased its position in Consumer Portfolio Services stocks by 26.2% during the third quarter. Connor Clark & ​​Lunn Investment Management Ltd. now owns 13,451 shares of the credit service provider valued at $79,000 after purchasing an additional 2,792 shares last quarter. Hillsdale Investment Management Inc. bought a new stock position in Consumer Portfolio Services during Q4, valued at approximately $38,000. Bank of America Corp DE increased its position in Consumer Portfolio Services shares by 52.9% during the 4th quarter. Bank of America Corp DE now owns 5,218 shares of the credit service provider valued at $62,000 after buying an additional 1,805 shares last quarter. Finally, BNP Paribas Arbitrage SA bought a new position in shares of Consumer Portfolio Services during the 4th quarter for a value of approximately $30,000. Institutional investors and hedge funds own 54.72% of the company’s shares.

Several stock analysts have recently weighed in on the stock. StockNews.com assumed coverage of Consumer Portfolio Services stocks in a Thursday, March 31 report. They issued a “Strong Buy” rating on the stock. Zacks Investment Research downgraded shares of Consumer Portfolio Services from a “buy” rating to a “hold” rating in a report on Tuesday, Dec. 28.

About Consumer Wallet Services (Get an assessment)

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts entered into by franchise automobile dealerships and certain independent dealerships in the sale of new and used automobiles, light trucks and vans.

See also

Insider Buying and Selling by Quarter for Consumer Wallet Services (NASDAQ:CPSS)



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