Altisource Portfolio Solutions SA (NASDAQ:ASPS) CEO William B. Shepro bought 6,130 shares of the company’s stock in a transaction on Friday, November 4th. The shares were acquired at an average cost of $24.43 per share, for a total transaction of $149,755.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Altisource Portfolio Solutions SA (NASDAQ:ASPS) opened at 25.65 on Friday. The company has a market cap of $484.20 million, a price-to-earnings ratio of 123.91 and a beta of 1.08. Altisource Portfolio Solutions SA has a 52-week low of $17.33 and a 52-week high of $36.73. The stock’s 50 day moving average is $29.49 and its 200 day moving average is $28.86.

Altisource Portfolio Solutions SA (NASDAQ:ASPS) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.90 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.44 by $0.54. Altisource Portfolio Solutions SA had a return on equity of 177.60% and a net margin of 0.39%. The business had revenue of $252.75 million for the quarter, compared to analyst estimates of $235.67 million. During the same quarter in the prior year, the firm earned $1.82 EPS. The firm’s quarterly revenue was down 7.3% on a year-over-year basis. Equities research analysts forecast that Altisource Portfolio Solutions SA will post $5.33 earnings per share for the current year.

Insider Buying and Selling by Quarter for Altisource Portfolio Solutions SA (NASDAQ:ASPS)

Several large investors have recently modified their holdings of ASPS. Quantbot Technologies LP purchased a new stake in shares of Altisource Portfolio Solutions SA during the second quarter valued at approximately $103,000. BlackRock Advisors LLC increased its stake in shares of Altisource Portfolio Solutions SA by 2.8% in the second quarter. BlackRock Advisors LLC now owns 6,105 shares of the company’s stock valued at $170,000 after buying an additional 168 shares in the last quarter. BlackRock Inc. increased its stake in shares of Altisource Portfolio Solutions SA by 386.9% in the second quarter. BlackRock Inc. now owns 6,223 shares of the company’s stock valued at $173,000 after buying an additional 4,945 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Altisource Portfolio Solutions SA during the third quarter valued at approximately $217,000. Finally, Laurion Capital Management LP purchased a new stake in shares of Altisource Portfolio Solutions SA during the third quarter valued at approximately $224,000. Institutional investors own 72.04% of the company’s stock.

A number of research firms recently weighed in on ASPS. Zacks Investment Research cut shares of Altisource Portfolio Solutions SA from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 1st. Compass Point cut shares of Altisource Portfolio Solutions SA from a “neutral” rating to a “sell” rating in a report on Tuesday, November 1st.

About Altisource Portfolio Solutions SA

Altisource Portfolio Solutions SA is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company operates through three segments: Mortgage Services, Financial Services and Technology Services. The Company’s Mortgage Services segment provides services that span the mortgage and real estate lifecycle, and are outsourced by loan servicers, loan originators, home investors, and other sellers and buyers of single family homes.

5 Day Chart for NASDAQ:ASPS

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