Insider Buying: Cooper-Standard Holdings Inc. (NYSE:CPS) Director Buys 3,000 Shares of Stock

Cooper-Standard Holdings Inc. (NYSE:CPS - Get Free Report) Director David John Mastrocola acquired 3,000 shares of the company's stock in a transaction on Wednesday, February 19th. The stock was acquired at an average price of $15.27 per share, for a total transaction of $45,810.00. Following the completion of the purchase, the director now owns 11,115 shares of the company's stock, valued at $169,726.05. This trade represents a 36.97 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cooper-Standard Price Performance

NYSE:CPS traded up $0.29 during trading hours on Wednesday, reaching $15.78. 211,924 shares of the company traded hands, compared to its average volume of 217,311. The stock has a market cap of $273.45 million, a P/E ratio of -3.48 and a beta of 2.78. Cooper-Standard Holdings Inc. has a 1-year low of $11.24 and a 1-year high of $19.21. The firm's 50-day moving average is $14.61 and its 200-day moving average is $14.43.

Cooper-Standard (NYSE:CPS - Get Free Report) last released its earnings results on Thursday, February 13th. The auto parts company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.22).

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Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research report on Saturday.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. US Bancorp DE purchased a new stake in shares of Cooper-Standard during the 3rd quarter valued at $33,000. Quantbot Technologies LP purchased a new stake in shares of Cooper-Standard in the fourth quarter worth about $48,000. National Bank of Canada FI acquired a new stake in shares of Cooper-Standard in the fourth quarter valued at about $54,000. Quarry LP purchased a new stake in shares of Cooper-Standard during the 4th quarter valued at about $79,000. Finally, SG Americas Securities LLC acquired a new position in Cooper-Standard during the 4th quarter worth approximately $107,000. 69.11% of the stock is currently owned by hedge funds and other institutional investors.

Cooper-Standard Company Profile

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.