John Patrick Harton Sells 10,000 Shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Stock

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) VP John Patrick Harton sold 10,000 shares of Consumer Portfolio Services stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $9.50, for a total value of $95,000.00. Following the transaction, the vice president now directly owns 255,604 shares of the company’s stock, valued at approximately $2,428,238. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

John Patrick Harton also recently made the following trade(s):

• On Friday, September 6th, John Patrick Harton sold 10,000 shares of Consumer Portfolio Services stock. The shares were sold at an average price of $9.00, for a total transaction of $90,000.00.

Consumer Portfolio Services Stock Performance

Consumer Portfolio Services stock opened at $9.74 on Thursday. Consumer Portfolio Services, Inc. has a 1-year low of $7.03 and a 1-year high of $12.04. 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 firm has a market capitalization of $204.74 million, a PE ratio of 6.76 and a beta of 2.00. The firm’s 50 day simple moving average is $9.20 and its 200 day simple moving average is $8.74.

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

Institutional Trading of Consumer Portfolio Services

A number of large investors have recently modified their holdings of the business. BNP Paribas Financial Markets increased its position in shares of Consumer Portfolio Services by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock worth $68,000 after purchasing an additional 6,306 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Consumer Portfolio Services by 9.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider’s stock worth $378,000 after buying an additional 4,483 shares in the last quarter. HighPoint Advisor Group LLC bought a new position in shares of Consumer Portfolio Services in the 4th quarter worth $766,000. Empowered Funds LLC lifted its holdings in shares of Consumer Portfolio Services by 8.1% during the 1st quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider’s stock worth $949,000 after acquiring an additional 9,450 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Consumer Portfolio Services by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock worth $975,000 after acquiring an additional 1,343 shares in the last quarter. Institutional investors own 47.57% of the company’s stock.

About Consumer Portfolio Services

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.