GP Strategies Corp. (NYSE:GPX) major shareholder Sagard Capital Partners, L.P. purchased 5,770 shares of GP Strategies Corp. stock in a transaction that occurred on Wednesday, October 12th. The stock was acquired at an average cost of $24.74 per share, with a total value of $142,749.80. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Sagard Capital Partners, L.P. also recently made the following trade(s):

  • On Monday, October 3rd, Sagard Capital Partners, L.P. purchased 7,288 shares of GP Strategies Corp. stock. The stock was acquired at an average cost of $24.77 per share, with a total value of $180,523.76.
  • On Tuesday, September 27th, Sagard Capital Partners, L.P. purchased 7,762 shares of GP Strategies Corp. stock. The stock was acquired at an average cost of $24.72 per share, with a total value of $191,876.64.
  • On Thursday, September 22nd, Sagard Capital Partners, L.P. purchased 1,100 shares of GP Strategies Corp. stock. The stock was acquired at an average cost of $25.00 per share, with a total value of $27,500.00.
  • On Wednesday, September 21st, Sagard Capital Partners, L.P. purchased 8,988 shares of GP Strategies Corp. stock. The stock was acquired at an average cost of $24.99 per share, with a total value of $224,610.12.
  • On Monday, September 19th, Sagard Capital Partners, L.P. purchased 5,757 shares of GP Strategies Corp. stock. The stock was acquired at an average cost of $25.00 per share, with a total value of $143,925.00.
  • On Friday, September 9th, Sagard Capital Partners, L.P. purchased 9,294 shares of GP Strategies Corp. stock. The stock was acquired at an average cost of $24.47 per share, with a total value of $227,424.18.

Shares of GP Strategies Corp. (NYSE:GPX) opened at 24.10 on Monday. The firm has a market capitalization of $400.71 million, a PE ratio of 21.89 and a beta of 1.26. The stock’s 50 day moving average price is $24.42 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 posted its 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 the consensus estimate of $127.96 million. During the same quarter last year, the business earned $0.27 earnings per share. GP Strategies Corp.’s quarterly revenue was down .2% on a year-over-year basis. On average, equities analysts anticipate that GP Strategies Corp. will post $1.19 earnings per share for the current fiscal year.

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

Several analysts have issued reports on GPX shares. Zacks Investment Research cut GP Strategies Corp. from a “hold” rating to a “strong sell” rating in a research note on Monday, August 1st. B. Riley restated a “buy” rating and set a $27.00 price objective on shares of GP Strategies Corp. in a research note on Tuesday, July 26th.

Several large investors have recently modified their holdings of the stock. Metropolitan Life Insurance Co. NY increased 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 valued at $253,000 after buying an additional 527 shares in the last quarter. FMR LLC increased 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 valued at $4,370,000 after buying an additional 722 shares in the last quarter. Teachers Advisors Inc. increased 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 valued at $464,000 after buying an additional 1,001 shares in the last quarter. Schwab Charles Investment Management Inc. increased 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 valued at $1,282,000 after buying an additional 1,368 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased 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 valued at $390,000 after buying an additional 1,815 shares in the last quarter. 88.88% of the stock is currently owned by institutional investors.

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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