Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Chris Terry Sells 10,000 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Chris Terry sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $10.16, for a total transaction of $101,600.00. Following the completion of the transaction, the vice president now directly owns 203,656 shares of the company’s stock, valued at approximately $2,069,144.96. The trade was a 4.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Consumer Portfolio Services Price Performance

Consumer Portfolio Services stock opened at $10.57 on Friday. The company’s 50 day moving average is $9.82 and its two-hundred day moving average is $9.22. The firm has a market cap of $226.30 million, a PE ratio of 12.15 and a beta of 2.00. The company has a quick ratio of 19.16, a current ratio of 19.17 and a debt-to-equity ratio of 10.52. Consumer Portfolio Services, Inc. has a 52-week low of $7.03 and a 52-week high of $12.04.

Consumer Portfolio Services (NASDAQ:CPSS) last released its earnings results on Thursday, October 31st. The credit services provider reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). Consumer Portfolio Services had a return on equity of 7.59% and a net margin of 5.59%. The company had revenue of $100.58 million for the quarter, compared to analyst estimates of $98.34 million. On average, research analysts expect that Consumer Portfolio Services, Inc. will post 0.85 EPS for the current fiscal year.

Institutional Trading of Consumer Portfolio Services

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Consumer Portfolio Services by 0.7% during the first quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock worth $3,942,000 after purchasing an additional 3,418 shares during the last quarter. State Street Corp lifted its position in Consumer Portfolio Services by 2.2% in the third quarter. State Street Corp now owns 186,220 shares of the credit services provider’s stock valued at $1,747,000 after acquiring an additional 3,922 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Consumer Portfolio Services by 5.3% during the third quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock worth $1,337,000 after purchasing an additional 7,236 shares during the last quarter. Fisher Asset Management LLC acquired a new stake in shares of Consumer Portfolio Services during the third quarter worth about $960,000. Finally, Bank of New York Mellon Corp grew its stake in Consumer Portfolio Services by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock worth $975,000 after buying an additional 1,343 shares during the last quarter. 47.57% of the stock is owned by hedge funds and other institutional investors.

Consumer Portfolio Services Company Profile

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 originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.