Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Sells $95,000.00 in Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP John Patrick Harton sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $9.50, for a total value of $95,000.00. Following the completion of the transaction, the vice president now directly owns 255,604 shares of the company’s stock, valued at $2,428,238. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

John Patrick Harton also recently made the following trade(s):

• On Friday, September 6th, John Patrick Harton sold 10,000 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $9.00, for a total transaction of $90,000.00.

Consumer Portfolio Services Price Performance

Shares of NASDAQ:CPSS traded down $0.18 during midday trading on Tuesday, reaching $9.61. 61,080 shares of the company’s stock traded hands, compared to its average volume of 31,938. The company has a fifty day simple moving average of $9.19 and a two-hundred day simple moving average of $8.73. Consumer Portfolio Services, Inc. has a 1 year low of $7.03 and a 1 year high of $12.04. The company has a market cap of $202.01 million, a P/E ratio of 6.67 and a beta of 2.00. The company has a debt-to-equity ratio of 10.19, a quick ratio of 21.80 and a current ratio of 21.80.

Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $0.19 EPS for the quarter. Consumer Portfolio Services had a return on equity of 9.76% and a net margin of 7.22%. The company had revenue of $95.88 million during the quarter. Equities analysts predict that Consumer Portfolio Services, Inc. will post 0.9 EPS for the current fiscal year.

Institutional Investors Weigh In On Consumer Portfolio Services

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Consumer Portfolio Services by 0.7% in the first quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock valued at $3,942,000 after buying an additional 3,418 shares during the last quarter. Empowered Funds LLC grew its stake in Consumer Portfolio Services by 8.1% during the 1st quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider’s stock valued at $949,000 after acquiring an additional 9,450 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Consumer Portfolio Services by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock valued at $975,000 after acquiring an additional 1,343 shares during the last quarter. HighPoint Advisor Group LLC purchased a new position in Consumer Portfolio Services in the 4th quarter worth approximately $766,000. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Consumer Portfolio Services by 9.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider’s stock worth $378,000 after purchasing an additional 4,483 shares during the last quarter. Institutional investors and hedge funds own 47.57% of the company’s stock.

About Consumer Portfolio Services

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.