Insider Selling: Cooper-Standard Holdings Inc. (CPS) Insider Sells $361,482.64 in Stock

Cooper-Standard Holdings Inc. (NYSE:CPS) insider Miguel Posada Juan Fernando De sold 3,028 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $119.38, for a total transaction of $361,482.64. Following the completion of the transaction, the insider now directly owns 16,389 shares in the company, valued at $1,956,518.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Cooper-Standard Holdings Inc. (CPS) opened at $117.36 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 0.86. Cooper-Standard Holdings Inc. has a 12-month low of $90.39 and a 12-month high of $120.99. The firm has a market cap of $2,089.15, a PE ratio of 11.39, a P/E/G ratio of 2.26 and a beta of 0.74.

Cooper-Standard Holdings (NYSE:CPS) last released its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.36 by ($0.25). Cooper-Standard Holdings had a net margin of 3.88% and a return on equity of 24.99%. The firm had revenue of $869.02 million for the quarter, compared to the consensus estimate of $844.14 million. During the same period in the previous year, the business earned $2.48 earnings per share. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. research analysts predict that Cooper-Standard Holdings Inc. will post 10.75 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parametrica Management Ltd bought a new position in shares of Cooper-Standard Holdings during the third quarter valued at about $236,000. Arizona State Retirement System lifted its position in shares of Cooper-Standard Holdings by 1.1% during the second quarter. Arizona State Retirement System now owns 9,300 shares of the auto parts company’s stock valued at $938,000 after purchasing an additional 100 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Cooper-Standard Holdings by 24.5% during the second quarter. BNP Paribas Arbitrage SA now owns 6,701 shares of the auto parts company’s stock valued at $676,000 after purchasing an additional 1,318 shares in the last quarter. LSV Asset Management lifted its position in shares of Cooper-Standard Holdings by 5.7% during the second quarter. LSV Asset Management now owns 801,719 shares of the auto parts company’s stock valued at $80,869,000 after purchasing an additional 43,200 shares in the last quarter. Finally, Dupont Capital Management Corp bought a new position in shares of Cooper-Standard Holdings during the second quarter valued at about $1,191,000. 95.50% of the stock is currently owned by institutional investors.

CPS has been the topic of a number of recent research reports. Roth Capital raised their price objective on shares of Cooper-Standard Holdings from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered shares of Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Goldman Sachs Group, Inc. (The) lowered shares of Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 price objective on the stock. in a research note on Monday, October 16th. Finally, Buckingham Research dropped their price objective on shares of Cooper-Standard Holdings from $131.00 to $129.00 and set a “buy” rating on the stock in a research note on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. Cooper-Standard Holdings presently has an average rating of “Hold” and an average price target of $117.17.

About Cooper-Standard Holdings

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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