Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp Sells 2,500 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP April Crisp sold 2,500 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $11.15, for a total value of $27,875.00. Following the completion of the transaction, the vice president now directly owns 17,212 shares in the company, valued at approximately $191,913.80. This represents a 12.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Consumer Portfolio Services Stock Up 0.6 %

Shares of CPSS stock opened at $10.94 on Wednesday. The company has a current ratio of 19.17, a quick ratio of 19.16 and a debt-to-equity ratio of 10.52. 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 $234.17 million, a P/E ratio of 12.57 and a beta of 1.99. The company has a 50 day simple moving average of $10.29 and a two-hundred day simple moving average of $9.57.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Consumer Portfolio Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Segall Bryant & Hamill LLC purchased a new stake in Consumer Portfolio Services in the 3rd quarter worth approximately $445,000. Vanguard Group Inc. boosted 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 purchasing an additional 3,418 shares during the period. Bank of New York Mellon Corp increased its stake 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 worth $975,000 after purchasing an additional 1,343 shares in the last quarter. Fisher Asset Management LLC bought a new stake in shares of Consumer Portfolio Services during the 3rd quarter valued at $960,000. Finally, Empowered Funds LLC lifted its stake 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 buying an additional 7,236 shares in the last quarter. 47.57% of the stock is owned by hedge funds and other institutional investors.

Consumer Portfolio Services Company Profile

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.