Consumer Portfolio Services, Inc. (NASDAQ:CPSS) major shareholder Second Curve Capital Llc sold 10,000 shares of Consumer Portfolio Services stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $4.13, for a total value of $41,300.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Second Curve Capital Llc also recently made the following trade(s):

  • On Monday, November 20th, Second Curve Capital Llc purchased 150,000 shares of Consumer Portfolio Services stock. The shares were purchased at an average price of $4.22 per share, for a total transaction of $633,000.00.
  • On Monday, November 13th, Second Curve Capital Llc sold 10,000 shares of Consumer Portfolio Services stock. The shares were sold at an average price of $4.15, for a total value of $41,500.00.
  • On Friday, November 10th, Second Curve Capital Llc sold 20,000 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $4.16, for a total value of $83,200.00.

Consumer Portfolio Services, Inc. (NASDAQ CPSS) traded down $0.21 during trading on Thursday, reaching $4.17. The company’s stock had a trading volume of 68,200 shares, compared to its average volume of 63,041. The company has a quick ratio of 17.19, a current ratio of 17.19 and a debt-to-equity ratio of 10.89. Consumer Portfolio Services, Inc. has a twelve month low of $3.66 and a twelve month high of $6.05. The company has a market capitalization of $95.38, a P/E ratio of 5.76 and a beta of 1.94.

Consumer Portfolio Services (NASDAQ:CPSS) last released its earnings results on Monday, October 23rd. The credit services provider reported $0.17 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.17. Consumer Portfolio Services had a return on equity of 11.09% and a net margin of 4.87%. The business had revenue of $109.49 million for the quarter, compared to the consensus estimate of $112.39 million. equities analysts expect that Consumer Portfolio Services, Inc. will post 0.66 EPS for the current fiscal year.

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CPSS has been the topic of several analyst reports. Zacks Investment Research downgraded Consumer Portfolio Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 26th. Jefferies Group LLC reissued a “buy” rating and issued a $6.00 target price on shares of Consumer Portfolio Services in a report on Thursday, September 7th. Finally, TheStreet downgraded Consumer Portfolio Services from a “c” rating to a “d” rating in a report on Tuesday, October 31st.

A number of institutional investors have recently added to or reduced their stakes in the business. Continental Advisors LLC boosted its holdings in Consumer Portfolio Services by 21.2% in the third quarter. Continental Advisors LLC now owns 1,326,211 shares of the credit services provider’s stock worth $6,048,000 after acquiring an additional 232,055 shares in the last quarter. Macquarie Group Ltd. bought a new stake in Consumer Portfolio Services in the third quarter worth $114,000. Numeric Investors LLC boosted its holdings in Consumer Portfolio Services by 0.5% in the second quarter. Numeric Investors LLC now owns 244,034 shares of the credit services provider’s stock worth $1,110,000 after acquiring an additional 1,329 shares in the last quarter. Hancock Holding Co. lifted its holdings in shares of Consumer Portfolio Services by 17.6% during the second quarter. Hancock Holding Co. now owns 44,185 shares of the credit services provider’s stock valued at $201,000 after purchasing an additional 6,615 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Consumer Portfolio Services by 0.9% during the second quarter. Vanguard Group Inc. now owns 760,620 shares of the credit services provider’s stock valued at $3,461,000 after purchasing an additional 6,530 shares in the last quarter. 48.02% of the stock is currently owned by institutional investors and hedge funds.

About Consumer Portfolio Services

Consumer Portfolio Services, Inc is a specialty finance company. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans.

Insider Buying and Selling by Quarter for Consumer Portfolio Services (NASDAQ:CPSS)

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