Cooper-Standard Holdings Inc. (NYSE:CPS) Director David John Mastrocola Buys 3,000 Shares

Cooper-Standard Holdings Inc. (NYSE:CPS) Director David John Mastrocola purchased 3,000 shares of Cooper-Standard stock in a transaction that occurred on Wednesday, February 19th. The stock was acquired at an average cost of $15.27 per share, with a total value of $45,810.00. Following the acquisition, the director now directly owns 11,115 shares in the company, valued at $169,726.05. This trade represents a 36.97 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Cooper-Standard Stock Performance

Shares of Cooper-Standard stock traded down $0.22 during trading hours on Friday, hitting $14.68. The company’s stock had a trading volume of 285,892 shares, compared to its average volume of 208,464. Cooper-Standard Holdings Inc. has a twelve month low of $11.24 and a twelve month high of $19.21. The firm has a fifty day moving average of $14.62 and a 200-day moving average of $14.37. The stock has a market cap of $254.42 million, a price-to-earnings ratio of -3.23 and a beta of 2.78.

Cooper-Standard (NYSE:CPS) last posted its earnings results on Thursday, February 13th. The auto parts company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.22).

Wall Street Analyst Weigh In

Separately, StockNews.com cut Cooper-Standard from a “buy” rating to a “hold” rating in a report on Friday, February 14th.

Institutional Trading of Cooper-Standard

A number of hedge funds have recently added to or reduced their stakes in CPS. US Bancorp DE acquired a new stake in Cooper-Standard during the 3rd quarter worth approximately $33,000. Quantbot Technologies LP acquired a new stake in shares of Cooper-Standard in the 4th quarter valued at approximately $48,000. National Bank of Canada FI acquired a new position in Cooper-Standard during the fourth quarter worth $54,000. Quarry LP acquired a new position in Cooper-Standard during the fourth quarter worth $79,000. Finally, SG Americas Securities LLC acquired a new position in Cooper-Standard during the fourth quarter worth $107,000. 69.11% of the stock is owned by institutional investors and hedge funds.

About Cooper-Standard

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.