Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 62,000 shares of the company’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $116.67, for a total value of $7,233,540.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Silver Point Capital L.P. also recently made the following trade(s):

  • On Thursday, September 28th, Silver Point Capital L.P. sold 25,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.04, for a total value of $2,926,000.00.
  • On Wednesday, September 27th, Silver Point Capital L.P. sold 30,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $116.30, for a total value of $3,489,000.00.
  • On Monday, July 17th, Silver Point Capital L.P. sold 16,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.46, for a total value of $1,735,360.00.
  • On Tuesday, July 18th, Silver Point Capital L.P. sold 26,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $108.50, for a total value of $2,821,000.00.
  • On Thursday, July 13th, Silver Point Capital L.P. sold 100,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.25, for a total value of $10,525,000.00.
  • On Wednesday, July 12th, Silver Point Capital L.P. sold 500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.76, for a total value of $52,880.00.
  • On Friday, July 14th, Silver Point Capital L.P. sold 110,500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $105.42, for a total value of $11,648,910.00.

Cooper-Standard Holdings Inc. (CPS) traded down 0.86% during midday trading on Friday, reaching $115.97. 127,506 shares of the company’s stock traded hands. The company has a market capitalization of $2.06 billion, a PE ratio of 14.61 and a beta of 0.73. The firm’s 50 day moving average price is $101.45 and its 200-day moving average price is $105.90. Cooper-Standard Holdings Inc. has a 1-year low of $82.50 and a 1-year high of $118.59.

Cooper-Standard Holdings (NYSE:CPS) last posted its quarterly earnings data on Thursday, August 3rd. The auto parts company reported $2.60 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.02. The company had revenue of $909.10 million for the quarter, compared to analyst estimates of $884.02 million. Cooper-Standard Holdings had a net margin of 4.22% and a return on equity of 26.90%. Cooper-Standard Holdings’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.85 earnings per share. Equities analysts expect that Cooper-Standard Holdings Inc. will post $10.70 EPS for the current year.

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Several equities analysts recently issued reports on CPS shares. ValuEngine raised Cooper-Standard Holdings from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 6th. BidaskClub raised Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Bank of America Corporation reissued an “underperform” rating and issued a $85.00 target price (down from $94.00) on shares of Cooper-Standard Holdings in a research report on Friday, June 16th. Finally, Zacks Investment Research downgraded Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $108.60.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its stake in Cooper-Standard Holdings by 6.3% in the second quarter. BlackRock Inc. now owns 2,205,700 shares of the auto parts company’s stock valued at $222,489,000 after purchasing an additional 129,820 shares during the period. Vanguard Group Inc. increased its stake in Cooper-Standard Holdings by 3.5% in the second quarter. Vanguard Group Inc. now owns 2,036,130 shares of the auto parts company’s stock valued at $205,384,000 after purchasing an additional 68,126 shares during the period. Dimensional Fund Advisors LP increased its stake in Cooper-Standard Holdings by 2.7% in the second quarter. Dimensional Fund Advisors LP now owns 815,147 shares of the auto parts company’s stock valued at $82,224,000 after purchasing an additional 21,750 shares during the period. LSV Asset Management increased its stake in Cooper-Standard Holdings by 5.7% in the second quarter. LSV Asset Management now owns 801,719 shares of the auto parts company’s stock valued at $80,869,000 after purchasing an additional 43,200 shares during the period. Finally, Alliancebernstein L.P. increased its stake in Cooper-Standard Holdings by 2,433.2% in the second quarter. Alliancebernstein L.P. now owns 526,902 shares of the auto parts company’s stock valued at $53,149,000 after purchasing an additional 506,102 shares during the period. Institutional investors own 95.83% of the company’s stock.

Cooper-Standard Holdings Company Profile

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

Insider Buying and Selling by Quarter for Cooper-Standard Holdings (NYSE:CPS)

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