Cooper-Standard Holdings Inc. (NYSE:CPS) major shareholder Silver Point Capital L.P. sold 7,000 shares of the stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $117.51, for a total value of $822,570.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Monday, October 2nd, Silver Point Capital L.P. sold 17,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.39, for a total value of $1,995,630.00.
  • On Wednesday, October 4th, Silver Point Capital L.P. sold 30,500 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $117.42, for a total value of $3,581,310.00.
  • 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 Friday, September 29th, Silver Point Capital L.P. sold 62,000 shares of Cooper-Standard Holdings stock. The shares were sold at an average price of $116.67, for a total value of $7,233,540.00.
  • 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. (NYSE:CPS) opened at 115.32 on Friday. The company has a market cap of $2.05 billion, a P/E ratio of 14.53 and a beta of 0.77. Cooper-Standard Holdings Inc. has a 12-month low of $82.50 and a 12-month high of $118.60. The firm’s 50-day moving average price is $106.59 and its 200-day moving average price is $106.15.

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

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A number of research analysts recently commented on the company. BidaskClub downgraded Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Zacks Investment Research downgraded Cooper-Standard Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine downgraded Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. Finally, Bank of America Corporation reaffirmed an “underperform” rating and set a $85.00 target price (down previously from $94.00) on shares of Cooper-Standard Holdings in a report on Friday, June 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $106.75.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. acquired a new stake in Cooper-Standard Holdings during the first quarter valued at approximately $142,000. Riverhead Capital Management LLC boosted its holdings in Cooper-Standard Holdings by 79.0% during the second quarter. Riverhead Capital Management LLC now owns 1,432 shares of the auto parts company’s stock valued at $144,000 after purchasing an additional 632 shares in the last quarter. First Mercantile Trust Co. acquired a new stake in Cooper-Standard Holdings during the second quarter valued at approximately $146,000. Flinton Capital Management LLC boosted its holdings in Cooper-Standard Holdings by 66.7% during the second quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 616 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Cooper-Standard Holdings by 15.9% during the second quarter. Victory Capital Management Inc. now owns 1,621 shares of the auto parts company’s stock valued at $164,000 after purchasing an additional 222 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

About Cooper-Standard Holdings

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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