Cooper-Standard Holdings Inc. (NYSE:CPS) Director David John Mastrocola Purchases 3,000 Shares

Cooper-Standard Holdings Inc. (NYSE:CPS) Director David John Mastrocola acquired 3,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were bought at an average cost of $15.27 per share, with a total value of $45,810.00. Following the completion of the acquisition, the director now owns 11,115 shares of the company’s stock, valued at approximately $169,726.05. This trade represents a 36.97 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Cooper-Standard Price Performance

Shares of NYSE CPS opened at $14.74 on Friday. The stock’s fifty day moving average price is $14.62 and its two-hundred day moving average price is $14.37. Cooper-Standard Holdings Inc. has a one year low of $11.24 and a one year high of $19.21. The firm has a market cap of $255.44 million, a price-to-earnings ratio of -3.25 and a beta of 2.78.

Cooper-Standard (NYSE:CPS) last announced its quarterly earnings data on Thursday, February 13th. The auto parts company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.22).

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Cooper-Standard from a “hold” rating to a “buy” rating in a report on Saturday.

Institutional Investors Weigh In On Cooper-Standard

Hedge funds have recently added to or reduced their stakes in the company. Bridgeway Capital Management LLC lifted its holdings in shares of Cooper-Standard by 2.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 33,300 shares of the auto parts company’s stock valued at $452,000 after purchasing an additional 800 shares in the last quarter. Invesco Ltd. grew its position in Cooper-Standard by 1.3% during the fourth quarter. Invesco Ltd. now owns 117,403 shares of the auto parts company’s stock worth $1,592,000 after buying an additional 1,466 shares in the last quarter. Orion Portfolio Solutions LLC lifted its stake in shares of Cooper-Standard by 14.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 13,704 shares of the auto parts company’s stock valued at $190,000 after acquiring an additional 1,701 shares during the last quarter. Northern Trust Corp raised its position in Cooper-Standard by 1.3% during the 4th quarter. Northern Trust Corp now owns 144,651 shares of the auto parts company’s stock valued at $1,961,000 after purchasing an additional 1,925 shares during the last quarter. Finally, US Bancorp DE purchased a new position in shares of Cooper-Standard during the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

About Cooper-Standard

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.