Consumer Portfolio Services, Inc. (NASDAQ:CPSS) CEO Charles E. Bradley, Jr. Sells 70,000 Shares

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) CEO Charles E. Bradley, Jr. sold 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $9.85, for a total transaction of $689,500.00. Following the sale, the chief executive officer now directly owns 3,720,092 shares of the company’s stock, valued at $36,642,906.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Consumer Portfolio Services Stock Performance

CPSS stock traded down $0.06 during midday trading on Thursday, reaching $9.42. 33,640 shares of the company’s stock traded hands, compared to its average volume of 31,509. Consumer Portfolio Services, Inc. has a 52-week low of $7.03 and a 52-week high of $12.04. The stock has a market cap of $198.02 million, a P/E ratio of 6.58 and a beta of 2.00. The company has a current ratio of 21.80, a quick ratio of 21.80 and a debt-to-equity ratio of 10.19. The stock’s 50-day moving average is $9.19 and its 200 day moving average is $8.71.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $95.88 million during the quarter. Consumer Portfolio Services had a net margin of 7.22% and a return on equity of 9.76%. As a group, analysts anticipate that Consumer Portfolio Services, Inc. will post 0.9 EPS for the current year.

Hedge Funds Weigh In On Consumer Portfolio Services

Several large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. grew its position in shares of Consumer Portfolio Services by 1.6% during the fourth quarter. Russell Investments Group Ltd. now owns 113,408 shares of the credit services provider’s stock worth $1,063,000 after purchasing an additional 1,757 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Consumer Portfolio Services by 16.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 45,522 shares of the credit services provider’s stock valued at $427,000 after buying an additional 6,582 shares in the last quarter. HighPoint Advisor Group LLC purchased a new stake in Consumer Portfolio Services during the 4th quarter valued at approximately $766,000. BNP Paribas Financial Markets raised its position in shares of Consumer Portfolio Services by 229.7% during the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock valued at $68,000 after buying an additional 6,306 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings 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 worth $949,000 after buying an additional 9,450 shares in the last quarter. 47.57% of the stock is currently owned by hedge funds and other institutional investors.

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.