GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson acquired 9,699 shares of the stock in a transaction dated Monday, October 10th. The stock was bought at an average cost of $24.63 per share, with a total value of $238,886.37. Following the completion of the purchase, the director now owns 250 shares of the company’s stock, valued at $6,157.50. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of GP Strategies Corp. (NYSE:GPX) opened at 24.20 on Wednesday. The stock has a market capitalization of $402.37 million, a P/E ratio of 21.98 and a beta of 1.26. The company’s 50 day moving average price is $24.43 and its 200-day moving average price is $23.67. GP Strategies Corp. has a 12 month low of $19.59 and a 12 month high of $28.59.

GP Strategies Corp. (NYSE:GPX) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by $0.03. GP Strategies Corp. had a return on equity of 12.82% and a net margin of 3.81%. The company earned $125.50 million during the quarter, compared to the consensus estimate of $127.96 million. During the same period in the prior year, the firm earned $0.27 earnings per share. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Equities analysts predict that GP Strategies Corp. will post $1.19 earnings per share for the current year.

Insider Buying and Selling by Quarter for GP Strategies Corp. (NYSE:GPX)

Several hedge funds have recently modified their holdings of GPX. Metropolitan Life Insurance Co. NY boosted its stake in shares of 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 worth $253,000 after buying an additional 527 shares in the last quarter. FMR LLC boosted its stake 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 worth $4,370,000 after buying an additional 722 shares in the last quarter. Teachers Advisors Inc. boosted its stake 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 worth $464,000 after buying an additional 1,001 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of GP Strategies Corp. by 2.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 59,062 shares of the company’s stock worth $1,282,000 after buying an additional 1,368 shares in the last quarter. Finally, GHP Investment Advisors Inc. boosted its stake in shares of GP Strategies Corp. by 11.2% in the second quarter. GHP Investment Advisors Inc. now owns 17,975 shares of the company’s stock worth $390,000 after buying an additional 1,815 shares in the last quarter. 88.88% of the stock is currently owned by hedge funds and other institutional investors.

GPX has been the subject of a number of research analyst reports. B. Riley reaffirmed a “buy” rating and set a $27.00 price target on shares of GP Strategies Corp. in a research report on Tuesday, July 26th. Zacks Investment Research raised GP Strategies Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 29th.

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.

5 Day Chart for NYSE:GPX

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