Consumer Portfolio Services, Inc. (NASDAQ:CPSS) CEO Charles E. Bradley, Jr. Sells 70,000 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) CEO Charles E. Bradley, Jr. sold 70,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $9.85, for a total value of $689,500.00. Following the completion of the sale, the chief executive officer now directly owns 3,720,092 shares of the company’s stock, valued at approximately $36,642,906.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Consumer Portfolio Services Trading Down 0.6 %

Shares of NASDAQ CPSS opened at $9.42 on Friday. The firm has a market capitalization of $200.93 million, a PE ratio of 6.54 and a beta of 2.00. Consumer Portfolio Services, Inc. has a one year low of $7.03 and a one year high of $12.04. 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 business has a 50-day moving average price of $9.18 and a two-hundred day moving average price of $8.72.

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. Consumer Portfolio Services had a net margin of 7.22% and a return on equity of 9.76%. The firm had revenue of $95.88 million for the quarter. As a group, analysts predict that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Consumer Portfolio Services

Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its stake in Consumer Portfolio Services by 229.7% in 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 lifted 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 valued at $378,000 after buying an additional 4,483 shares during the last quarter. HighPoint Advisor Group LLC acquired a new stake in shares of Consumer Portfolio Services during the 4th quarter valued at about $766,000. Empowered Funds LLC grew its stake 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 buying an additional 9,450 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Consumer Portfolio Services by 1.4% in the second 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 institutional investors and hedge funds.

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.