Samuel D. Robinson Buys 3,881 Shares of GP Strategies Corp. (GPX) Stock
GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson purchased 3,881 shares of the business’s stock in a transaction that occurred on Tuesday, September 27th. The stock was bought at an average price of $24.64 per share, for a total transaction of $95,627.84. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
GP Strategies Corp. (NYSE:GPX) opened at 24.05 on Friday. GP Strategies Corp. has a 52-week low of $19.59 and a 52-week high of $28.59. The stock has a market cap of $399.88 million, a price-to-earnings ratio of 21.84 and a beta of 1.41. The stock has a 50 day moving average price of $24.31 and a 200 day moving average price of $23.84.
GP Strategies Corp. (NYSE:GPX) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by $0.03. GP Strategies Corp. had a net margin of 3.81% and a return on equity of 12.82%. The company had revenue of $125.50 million for the quarter, compared to analysts’ expectations of $127.96 million. During the same quarter in the previous year, the company posted $0.27 EPS. The business’s quarterly revenue was down .2% on a year-over-year basis. Analysts expect that GP Strategies Corp. will post $1.19 EPS for the current fiscal year.
GPX has been the subject of several recent research reports. Zacks Investment Research raised GP Strategies Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 29th. B. Riley reissued a “buy” rating and set a $26.00 price objective on shares of GP Strategies Corp. in a research report on Sunday, July 31st.
A number of hedge funds have recently added to or reduced their stakes in GPX. Metropolitan Life Insurance Co. NY raised its stake in GP Strategies Corp. by 6.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 9,228 shares of the company’s stock valued at $253,000 after buying an additional 527 shares during the last quarter. FMR LLC increased its position in shares of GP Strategies Corp. by 0.4% in the second quarter. FMR LLC now owns 201,464 shares of the company’s stock valued at $4,370,000 after buying an additional 722 shares during the period. Geode Capital Management LLC increased its position in shares of GP Strategies Corp. by 0.9% in the first quarter. Geode Capital Management LLC now owns 102,005 shares of the company’s stock valued at $2,794,000 after buying an additional 952 shares during the period. Teachers Advisors Inc. increased its position in shares of GP Strategies Corp. by 4.9% in the second quarter. Teachers Advisors Inc. now owns 21,414 shares of the company’s stock valued at $464,000 after buying an additional 1,001 shares during the period. Finally, State Street Corp increased its position in shares of GP Strategies Corp. by 0.5% in the first quarter. State Street Corp now owns 200,602 shares of the company’s stock valued at $5,497,000 after buying an additional 1,052 shares during the period. Institutional investors own 88.88% of the company’s stock.
GP Strategies Corp. Company Profile
GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.
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