Greg Washer Sells 10,981 Shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director Greg Washer sold 10,981 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $11.06, for a total transaction of $121,449.86. Following the transaction, the director now directly owns 265,000 shares in the company, valued at approximately $2,930,900. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Greg Washer also recently made the following trade(s):

• On Monday, September 16th, Greg Washer sold 40,000 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $9.50, for a total value of $380,000.00.

Consumer Portfolio Services Trading Down 0.8 %

Shares of NASDAQ CPSS opened at $10.99 on Friday. The company has a quick ratio of 21.80, a current ratio of 21.80 and a debt-to-equity ratio of 10.19. The business has a fifty day simple moving average of $9.63 and a two-hundred day simple moving average of $9.16. The firm has a market cap of $227.49 million, a PE ratio of 12.63 and a beta of 2.00. Consumer Portfolio Services, Inc. has a twelve month low of $7.03 and a twelve month high of $12.04.

Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings results on Thursday, October 31st. The credit services provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The firm had revenue of $100.58 million for the quarter, compared to the consensus estimate of $98.34 million. Consumer Portfolio Services had a return on equity of 7.64% and a net margin of 5.59%. Analysts expect that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Consumer Portfolio Services

Several large investors have recently modified their holdings of CPSS. BNP Paribas Financial Markets boosted its stake in shares of Consumer Portfolio Services by 229.7% during the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock valued at $68,000 after purchasing an additional 6,306 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Consumer Portfolio Services by 9.8% in the first quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider’s stock worth $378,000 after buying an additional 4,483 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Consumer Portfolio Services during the third quarter worth $445,000. Empowered Funds LLC increased its holdings in shares of Consumer Portfolio Services by 8.1% in 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 during the period. Finally, Bank of New York Mellon Corp raised its position in shares of 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 worth $975,000 after acquiring an additional 1,343 shares in the last quarter. Institutional investors own 47.57% of the company’s stock.

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.