Consumer Portfolio Services, Inc. (NASDAQ:CPSS) major shareholder Second Curve Capital Llc sold 5,000 shares of Consumer Portfolio Services stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $4.25, for a total value of $21,250.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, November 16th, Second Curve Capital Llc sold 10,000 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $4.13, for a total value of $41,300.00.
  • On Monday, November 20th, Second Curve Capital Llc purchased 150,000 shares of Consumer Portfolio Services stock. The stock was bought at an average cost 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 stock was 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. (CPSS) opened at $4.10 on Wednesday. The company has a debt-to-equity ratio of 10.89, a quick ratio of 17.19 and a current ratio of 17.19. Consumer Portfolio Services, Inc. has a 12 month low of $3.66 and a 12 month high of $6.05. The firm has a market capitalization of $89.28, a PE ratio of 5.46 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 earnings per share for the quarter, meeting 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 company had revenue of $109.49 million for the quarter, compared to analysts’ expectations of $112.39 million. equities research analysts forecast that Consumer Portfolio Services, Inc. will post 0.66 earnings per share for the current year.

A number of equities analysts recently weighed in on CPSS shares. Jefferies Group reissued a “buy” rating and issued a $6.00 price target on shares of Consumer Portfolio Services in a research note on Thursday, September 7th. Zacks Investment Research cut Consumer Portfolio Services from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Finally, TheStreet cut Consumer Portfolio Services from a “c” rating to a “d” rating in a research note on Tuesday, October 31st.

Large investors have recently added to or reduced their stakes in the business. Macquarie Group Ltd. purchased a new position in Consumer Portfolio Services during the 3rd quarter valued at about $114,000. UBS Group AG lifted its holdings in shares of Consumer Portfolio Services by 1,213.0% during the 1st quarter. UBS Group AG now owns 24,882 shares of the credit services provider’s stock valued at $117,000 after buying an additional 22,987 shares during the last quarter. Hancock Holding Co. lifted its holdings in shares of Consumer Portfolio Services by 17.6% during the 2nd quarter. Hancock Holding Co. now owns 44,185 shares of the credit services provider’s stock valued at $201,000 after buying an additional 6,615 shares during the last quarter. Spark Investment Management LLC lifted its holdings in shares of Consumer Portfolio Services by 53.2% during the 2nd quarter. Spark Investment Management LLC now owns 61,600 shares of the credit services provider’s stock valued at $280,000 after buying an additional 21,400 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Consumer Portfolio Services by 0.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 70,127 shares of the credit services provider’s stock valued at $330,000 after buying an additional 397 shares during the last quarter. 48.42% of the stock is currently owned by institutional investors.

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Consumer Portfolio Services Company Profile

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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