Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $117.51, for a total transaction of $822,570.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Monday, October 2nd, Silver Point Capital L.P. sold 17,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $117.39, for a total transaction of $1,995,630.00.
  • On Wednesday, October 4th, Silver Point Capital L.P. sold 30,500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $117.42, for a total transaction of $3,581,310.00.
  • On Thursday, September 28th, Silver Point Capital L.P. sold 25,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $117.04, for a total transaction of $2,926,000.00.
  • On Wednesday, September 27th, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $116.30, for a total transaction of $3,489,000.00.
  • On Friday, September 29th, Silver Point Capital L.P. sold 62,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $116.67, for a total transaction of $7,233,540.00.
  • On Monday, July 17th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $108.46, for a total transaction of $1,735,360.00.
  • On Tuesday, July 18th, Silver Point Capital L.P. sold 26,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $108.50, for a total transaction of $2,821,000.00.
  • On Thursday, July 13th, Silver Point Capital L.P. sold 100,000 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.25, for a total transaction of $10,525,000.00.
  • On Wednesday, July 12th, Silver Point Capital L.P. sold 500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.76, for a total transaction of $52,880.00.
  • On Friday, July 14th, Silver Point Capital L.P. sold 110,500 shares of Cooper-Standard Holdings stock. The stock was sold at an average price of $105.42, for a total transaction of $11,648,910.00.

Shares of Cooper-Standard Holdings Inc. (CPS) traded up 0.27% during trading on Thursday, reaching $117.04. 18,636 shares of the company’s stock traded hands. Cooper-Standard Holdings Inc. has a 1-year low of $82.50 and a 1-year high of $118.60. The stock has a market capitalization of $2.08 billion, a PE ratio of 14.74 and a beta of 0.77. The company has a 50 day moving average price of $105.67 and a 200 day moving average price of $106.07.

Cooper-Standard Holdings (NYSE:CPS) last announced its earnings results on Thursday, August 3rd. The auto parts company reported $2.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.58 by $0.02. Cooper-Standard Holdings had a return on equity of 26.90% and a net margin of 4.22%. The company had revenue of $909.10 million for the quarter, compared to analyst estimates of $884.02 million. During the same period in the prior year, the company posted $2.85 EPS. Cooper-Standard Holdings’s quarterly revenue was up 3.4% on a year-over-year basis. On average, equities analysts forecast that Cooper-Standard Holdings Inc. will post $10.70 EPS for the current fiscal year.

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Several institutional investors and hedge funds have recently made changes to their positions in CPS. Ameritas Investment Partners Inc. acquired a new position in shares of Cooper-Standard Holdings in the 1st quarter valued at approximately $142,000. Riverhead Capital Management LLC raised its position in shares of Cooper-Standard Holdings by 79.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,432 shares of the auto parts company’s stock valued at $144,000 after purchasing an additional 632 shares in the last quarter. First Mercantile Trust Co. acquired a new position in shares of Cooper-Standard Holdings in the 2nd quarter valued at approximately $146,000. Flinton Capital Management LLC raised its position in shares of Cooper-Standard Holdings by 66.7% in the 2nd quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 616 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Cooper-Standard Holdings by 15.9% in the 2nd quarter. Victory Capital Management Inc. now owns 1,621 shares of the auto parts company’s stock valued at $164,000 after purchasing an additional 222 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

Several equities analysts have commented on the stock. Zacks Investment Research lowered shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Bank of America Corporation reiterated an “underperform” rating and issued a $85.00 price target (down from $94.00) on shares of Cooper-Standard Holdings in a research note on Friday, June 16th. BidaskClub lowered shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Finally, ValuEngine lowered shares of Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $106.75.

Cooper-Standard Holdings Company Profile

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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