GP Strategies Corporation (NYSE:GPX) Director Marshall S. Geller sold 3,894 shares of the company’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $28.64, for a total transaction of $111,524.16. Following the completion of the sale, the director now directly owns 141,051 shares of the company’s stock, valued at approximately $4,039,700.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of GP Strategies Corporation (NYSE GPX) traded up 0.17% during midday trading on Friday, reaching $28.65. 22,999 shares of the company’s stock traded hands. The stock has a market cap of $479.17 million, a P/E ratio of 22.38 and a beta of 0.93. GP Strategies Corporation has a 52-week low of $22.70 and a 52-week high of $30.00. The stock has a 50-day moving average price of $27.96 and a 200-day moving average price of $25.94.

GP Strategies Corporation (NYSE:GPX) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.03. The business had revenue of $131.16 million during the quarter, compared to analyst estimates of $131.20 million. GP Strategies Corporation had a net margin of 4.27% and a return on equity of 12.56%. GP Strategies Corporation’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.29 EPS. Analysts forecast that GP Strategies Corporation will post $1.31 earnings per share for the current year.

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Several brokerages have commented on GPX. BidaskClub downgraded shares of GP Strategies Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. B. Riley reaffirmed a “neutral” rating and issued a $27.00 target price on shares of GP Strategies Corporation in a research note on Wednesday, August 2nd. Zacks Investment Research raised shares of GP Strategies Corporation from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Monday, July 31st. TheStreet raised shares of GP Strategies Corporation from a “c+” rating to a “b-” rating in a research note on Monday, July 31st. Finally, Barrington Research upped their target price on shares of GP Strategies Corporation from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. GP Strategies Corporation presently has a consensus rating of “Buy” and a consensus price target of $30.00.

A number of hedge funds have recently made changes to their positions in GPX. Russell Investments Group Ltd. raised its stake in shares of GP Strategies Corporation by 57.4% in the second quarter. Russell Investments Group Ltd. now owns 335,961 shares of the company’s stock worth $8,870,000 after buying an additional 122,523 shares during the period. Neuberger Berman Group LLC raised its stake in shares of GP Strategies Corporation by 20.0% in the first quarter. Neuberger Berman Group LLC now owns 504,316 shares of the company’s stock worth $12,759,000 after buying an additional 83,953 shares during the period. Royce & Associates LP raised its stake in shares of GP Strategies Corporation by 30.7% in the second quarter. Royce & Associates LP now owns 194,271 shares of the company’s stock worth $5,129,000 after buying an additional 45,605 shares during the period. Oppenheimer Asset Management Inc. acquired a new stake in shares of GP Strategies Corporation during the first quarter worth approximately $862,000. Finally, Cove Street Capital LLC raised its stake in shares of GP Strategies Corporation by 2.8% in the first quarter. Cove Street Capital LLC now owns 1,162,841 shares of the company’s stock worth $29,420,000 after buying an additional 31,191 shares during the period. Institutional investors and hedge funds own 88.39% of the company’s stock.

About GP Strategies Corporation

GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

Insider Buying and Selling by Quarter for GP Strategies Corporation (NYSE:GPX)

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