Consumer Portfolio Services, Inc. (NASDAQ:CPSS) CEO Charles E. Bradley, Jr. Sells 70,000 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) CEO Charles E. Bradley, Jr. sold 70,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $9.85, for a total transaction of $689,500.00. Following the transaction, the chief executive officer now directly owns 3,720,092 shares of the company’s stock, valued at approximately $36,642,906.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Consumer Portfolio Services Price Performance

Shares of CPSS traded down $0.06 during midday trading on Thursday, hitting $9.42. 33,640 shares of the company traded hands, compared to its average volume of 31,509. The firm has a 50 day moving average of $9.19 and a 200-day moving average of $8.71. Consumer Portfolio Services, Inc. has a 52 week low of $7.03 and a 52 week high of $12.04. The stock has a market cap of $198.02 million, a price-to-earnings ratio of 6.58 and a beta of 2.00. The company has a debt-to-equity ratio of 10.19, a quick ratio of 21.80 and a current ratio of 21.80.

Consumer Portfolio Services (NASDAQ:CPSS) last released its quarterly earnings data 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, analysts forecast that Consumer Portfolio Services, Inc. will post 0.9 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. HighPoint Advisor Group LLC purchased a new stake in shares of Consumer Portfolio Services during the 4th quarter valued at about $766,000. Empowered Funds LLC raised its position in shares of Consumer Portfolio Services by 8.1% during the 1st quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider’s stock valued at $949,000 after buying an additional 9,450 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Consumer Portfolio Services by 16.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 45,522 shares of the credit services provider’s stock valued at $427,000 after buying an additional 6,582 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Consumer Portfolio Services by 229.7% during the 1st quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock valued at $68,000 after buying an additional 6,306 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Consumer Portfolio Services by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock valued at $3,942,000 after buying an additional 3,418 shares in the last quarter. Institutional investors own 47.57% of the company’s stock.

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.