Commercial Vehicle Group, Inc. (CVGI) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 19.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 41,338 shares of the company’s stock after selling 9,800 shares during the period. GSA Capital Partners LLP’s holdings in Commercial Vehicle Group were worth $304,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Renaissance Technologies LLC raised its position in shares of Commercial Vehicle Group by 50.1% in the second quarter. Renaissance Technologies LLC now owns 1,864,305 shares of the company’s stock valued at $15,753,000 after buying an additional 622,305 shares during the last quarter. Numeric Investors LLC raised its position in shares of Commercial Vehicle Group by 56.5% in the second quarter. Numeric Investors LLC now owns 1,535,958 shares of the company’s stock valued at $12,979,000 after buying an additional 554,206 shares during the last quarter. Cortina Asset Management LLC acquired a new stake in shares of Commercial Vehicle Group in the third quarter valued at about $3,937,000. AJO LP acquired a new stake in shares of Commercial Vehicle Group in the second quarter valued at about $3,490,000. Finally, Mckinley Capital Management LLC Delaware acquired a new stake in shares of Commercial Vehicle Group in the second quarter valued at about $2,878,000. Institutional investors own 76.44% of the company’s stock.

A number of equities research analysts have recently commented on CVGI shares. Zacks Investment Research upgraded shares of Commercial Vehicle Group from a “hold” rating to a “buy” rating and set a $8.75 target price for the company in a research report on Thursday, October 19th. ValuEngine upgraded shares of Commercial Vehicle Group from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th.

Shares of Commercial Vehicle Group, Inc. (CVGI) opened at $10.77 on Wednesday. The company has a market cap of $333.88, a PE ratio of 53.85 and a beta of 1.00. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.09 and a quick ratio of 1.44. Commercial Vehicle Group, Inc. has a 12-month low of $5.15 and a 12-month high of $11.85.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Monday, November 6th. The company reported $0.16 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.11. The business had revenue of $198.30 million during the quarter, compared to analysts’ expectations of $173.90 million. Commercial Vehicle Group had a net margin of 0.82% and a return on equity of 14.58%. The company’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 earnings per share. sell-side analysts anticipate that Commercial Vehicle Group, Inc. will post 0.32 EPS for the current fiscal year.

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Commercial Vehicle Group Company Profile

Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.

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Institutional Ownership by Quarter for Commercial Vehicle Group (NASDAQ:CVGI)

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