Corsair Capital Management L.P. Invests $72,000 in Superior Industries International, Inc. (NYSE:SUP)

Corsair Capital Management L.P. purchased a new stake in shares of Superior Industries International, Inc. (NYSE:SUP) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,834 shares of the auto parts company’s stock, valued at approximately $72,000. Corsair Capital Management L.P. owned about 0.08% of Superior Industries International as of its most recent SEC filing.

Separately, Squarepoint Ops LLC increased its position in Superior Industries International by 818.9% during the second quarter. Squarepoint Ops LLC now owns 782,531 shares of the auto parts company’s stock valued at $2,645,000 after acquiring an additional 697,367 shares during the last quarter. 56.20% of the stock is currently owned by institutional investors and hedge funds.

Superior Industries International Price Performance

SUP opened at $2.38 on Wednesday. The company’s 50 day moving average is $2.76 and its 200 day moving average is $3.13. Superior Industries International, Inc. has a 12-month low of $2.10 and a 12-month high of $4.57.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Superior Industries International from a “buy” rating to a “hold” rating in a research report on Saturday, November 16th.

Superior Industries International Company Profile

Superior Industries International, Inc, together with its subsidiaries, designs, manufactures, and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe. It offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names. The company was founded in 1957 and is headquartered in Southfield, Michigan.