Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Sells $48,250.00 in Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $9.65, for a total value of $48,250.00. Following the transaction, the vice president now directly owns 17,212 shares of the company’s stock, valued at approximately $166,095.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Consumer Portfolio Services Stock Down 0.6 %

Consumer Portfolio Services stock traded down $0.06 on Thursday, hitting $9.42. 33,640 shares of the stock traded hands, compared to its average volume of 31,509. The company has a current ratio of 21.80, a quick ratio of 21.80 and a debt-to-equity ratio of 10.19. The firm has a market cap of $198.02 million, a P/E ratio of 6.54 and a beta of 2.00. The business’s fifty day simple moving average is $9.18 and its 200 day simple moving average is $8.72. Consumer Portfolio Services, Inc. has a 1 year low of $7.03 and a 1 year high of $12.04.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $0.19 EPS for the quarter. The business had revenue of $95.88 million during the quarter. Consumer Portfolio Services had a return on equity of 9.76% and a net margin of 7.22%. As a group, sell-side analysts forecast that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current year.

Hedge Funds Weigh In On Consumer Portfolio Services

Institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its holdings 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 acquiring an additional 6,306 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Consumer Portfolio Services by 16.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 45,522 shares of the credit services provider’s stock worth $427,000 after buying an additional 6,582 shares in the last quarter. HighPoint Advisor Group LLC bought a new stake in Consumer Portfolio Services in the 4th quarter worth about $766,000. Bank of New York Mellon Corp increased 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 worth $975,000 after buying an additional 1,343 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Consumer Portfolio Services by 1.6% in the 4th quarter. Russell Investments Group Ltd. now owns 113,408 shares of the credit services provider’s stock worth $1,063,000 after buying an additional 1,757 shares in the last quarter. 47.57% of the stock is currently owned by 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.