Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Director Sells $121,449.86 in Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS - Get Free Report) Director Greg Washer sold 10,981 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $11.06, for a total transaction of $121,449.86. Following the transaction, the director now owns 265,000 shares of the company's stock, valued at approximately $2,930,900. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Greg Washer also recently made the following trade(s):

• On Monday, September 16th, Greg Washer sold 40,000 shares of Consumer Portfolio Services stock. The stock was sold at an average price of $9.50, for a total value of $380,000.00.

Consumer Portfolio Services Stock Down 0.8 %

CPSS stock traded down $0.09 during mid-day trading on Friday, reaching $10.99. The company had a trading volume of 32,131 shares, compared to its average volume of 31,167. Consumer Portfolio Services, Inc. has a 52 week low of $7.03 and a 52 week high of $12.04. The company has a market capitalization of $227.51 million, a price-to-earnings ratio of 12.63 and a beta of 2.00. The company has a debt-to-equity ratio of 10.19, a current ratio of 21.80 and a quick ratio of 21.80. The stock has a 50 day simple moving average of $9.58 and a two-hundred day simple moving average of $9.14.

Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) last issued its earnings results on Thursday, October 31st. The credit services provider reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.01). Consumer Portfolio Services had a return on equity of 7.64% and a net margin of 5.59%. The firm had revenue of $100.58 million for the quarter, compared to analyst estimates of $98.34 million. As a group, equities analysts predict that Consumer Portfolio Services, Inc. will post 0.85 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Segall Bryant & Hamill LLC bought a new position in Consumer Portfolio Services during the third quarter worth about $445,000. Empowered Funds LLC lifted its position in shares of Consumer Portfolio Services by 8.1% in the first 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 during the last quarter. BNP Paribas Financial Markets boosted its stake 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 worth $68,000 after acquiring an additional 6,306 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Consumer Portfolio Services by 9.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider's stock worth $378,000 after acquiring an additional 4,483 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Consumer Portfolio Services by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider's stock valued at $3,942,000 after acquiring an additional 3,418 shares during the period. 47.57% of the stock is currently owned by institutional investors and hedge funds.

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.

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