Insider Selling: Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Sells 5,000 Shares of Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp sold 5,000 shares of Consumer Portfolio Services stock in a transaction that occurred on Tuesday, September 10th. The stock was 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 owns 17,212 shares of the company’s stock, valued at $166,095.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Consumer Portfolio Services Stock Performance

Shares of CPSS stock opened at $9.42 on Friday. The firm has a 50 day moving average of $9.18 and a 200-day moving average of $8.72. The company has a market cap of $200.93 million, a price-to-earnings ratio of 6.54 and a beta of 2.00. The company has a quick ratio of 21.80, a current ratio of 21.80 and a debt-to-equity ratio of 10.19. Consumer Portfolio Services, Inc. has a 52 week low of $7.03 and a 52 week high of $12.04.

Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings results 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 business had revenue of $95.88 million during the quarter. On average, equities analysts forecast that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current year.

Institutional Trading of Consumer Portfolio Services

Several large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets grew its position 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 purchasing an additional 6,306 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Consumer Portfolio Services by 9.8% during the first 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 bought a new stake in shares of Consumer Portfolio Services during the fourth quarter worth about $766,000. Empowered Funds LLC increased its position in shares of Consumer Portfolio Services by 8.1% during the first quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider’s stock worth $949,000 after acquiring an additional 9,450 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position 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 valued at $975,000 after acquiring an additional 1,343 shares in the last quarter. 47.57% of the stock is currently owned by institutional investors and hedge funds.

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.