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

Cooper-Standard Holdings Inc. (NYSE:CPS) Director David John Mastrocola bought 3,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was purchased at an average cost of $15.27 per share, for a total transaction of $45,810.00. Following the completion of the transaction, the director now directly owns 11,115 shares of the company’s stock, valued at approximately $169,726.05. The trade was a 36.97 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Cooper-Standard Trading Down 1.1 %

CPS opened at $14.74 on Friday. Cooper-Standard Holdings Inc. has a 1-year low of $11.24 and a 1-year high of $19.21. The firm’s 50 day simple moving average is $14.61 and its two-hundred day simple moving average is $14.38. The company has a market capitalization of $255.44 million, a PE ratio of -3.25 and a beta of 2.78.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Cooper-Standard from a “hold” rating to a “buy” rating in a research note on Saturday.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its holdings in Cooper-Standard by 186.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 12,428 shares of the auto parts company’s stock worth $169,000 after acquiring an additional 8,083 shares in the last quarter. PharVision Advisers LLC bought a new position in shares of Cooper-Standard in the fourth quarter worth approximately $296,000. Squarepoint Ops LLC purchased a new stake in shares of Cooper-Standard in the fourth quarter worth $263,000. Sherbrooke Park Advisers LLC bought a new stake in shares of Cooper-Standard during the 4th quarter valued at $178,000. Finally, Millennium Management LLC lifted its stake in shares of Cooper-Standard by 449.7% during the 4th quarter. Millennium Management LLC now owns 163,806 shares of the auto parts company’s stock valued at $2,221,000 after buying an additional 134,008 shares in the last quarter. 69.11% of the stock is owned by hedge funds and other institutional investors.

Cooper-Standard Company Profile

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.