Insider Selling: 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 stock in a transaction that occurred 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 completion of the sale, the vice president now directly owns 17,212 shares of the company’s stock, valued at $166,095.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Consumer Portfolio Services Price Performance

NASDAQ:CPSS opened at $9.58 on Friday. The company has a debt-to-equity ratio of 10.19, a current ratio of 21.80 and a quick ratio of 21.80. Consumer Portfolio Services, Inc. has a one year low of $7.03 and a one year high of $12.04. The company has a fifty day moving average price of $9.19 and a 200 day moving average price of $8.72. The stock has a market cap of $204.34 million, a P/E ratio of 6.65 and a beta of 2.00.

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

Hedge Funds Weigh In On Consumer Portfolio Services

Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Consumer Portfolio Services by 1.4% during 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 purchasing an additional 1,343 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Consumer Portfolio Services by 1.6% in the fourth quarter. Russell Investments Group Ltd. now owns 113,408 shares of the credit services provider’s stock worth $1,063,000 after purchasing an additional 1,757 shares during the period. Vanguard Group Inc. boosted its stake in Consumer Portfolio Services by 0.7% during the first quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock worth $3,942,000 after buying an additional 3,418 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Consumer Portfolio Services by 9.8% in 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 period. Finally, BNP Paribas Financial Markets increased its holdings in Consumer Portfolio Services by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock valued at $68,000 after buying an additional 6,306 shares during the period. 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.