Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP Sells $27,875.00 in Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp sold 2,500 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $11.15, for a total transaction of $27,875.00. Following the sale, the vice president now directly owns 17,212 shares of the company’s stock, valued at $191,913.80. This represents a 12.68 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Consumer Portfolio Services Stock Performance

CPSS opened at $10.89 on Thursday. Consumer Portfolio Services, Inc. has a 12-month low of $7.03 and a 12-month high of $12.04. The stock has a market cap of $233.10 million, a price-to-earnings ratio of 12.52 and a beta of 1.99. The business has a 50 day moving average of $10.32 and a 200-day moving average of $9.58. The company has a quick ratio of 19.16, a current ratio of 19.17 and a debt-to-equity ratio of 10.52.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its earnings results on Thursday, October 31st. The credit services provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Consumer Portfolio Services had a net margin of 5.59% and a return on equity of 7.59%. The company had revenue of $100.58 million during the quarter, compared to analyst estimates of $98.34 million. On average, equities research analysts expect that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current year.

Institutional Investors Weigh In On Consumer Portfolio Services

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its holdings in shares of Consumer Portfolio Services by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock valued at $975,000 after purchasing an additional 1,343 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Consumer Portfolio Services by 0.7% in 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. State Street Corp grew its stake in Consumer Portfolio Services by 2.2% in the 3rd quarter. State Street Corp now owns 186,220 shares of the credit services provider’s stock worth $1,747,000 after buying an additional 3,922 shares in the last quarter. Empowered Funds LLC increased its position in shares of Consumer Portfolio Services by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 142,520 shares of the credit services provider’s stock valued at $1,337,000 after purchasing an additional 7,236 shares during the last quarter. Finally, Barclays PLC grew its holdings in shares of Consumer Portfolio Services by 297.6% during the 3rd quarter. Barclays PLC now owns 11,794 shares of the credit services provider’s stock valued at $110,000 after purchasing an additional 8,828 shares during the last quarter. 47.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com upgraded Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 14th.

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.