Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) major shareholder Deer Park Road Management Comp bought 15,236 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was bought at an average price of $25.83 per share, for a total transaction of $393,545.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Deer Park Road Management Comp also recently made the following trade(s):

  • On Wednesday, November 8th, Deer Park Road Management Comp bought 27,506 shares of Altisource Portfolio Solutions stock. The stock was bought at an average price of $25.11 per share, for a total transaction of $690,675.66.
  • On Friday, October 27th, Deer Park Road Management Comp bought 40,741 shares of Altisource Portfolio Solutions stock. The stock was bought at an average price of $24.58 per share, for a total transaction of $1,001,413.78.

Shares of Altisource Portfolio Solutions S.A. (NASDAQ ASPS) opened at $25.48 on Tuesday. The firm has a market cap of $455.68, a price-to-earnings ratio of 8.93, a PEG ratio of 0.47 and a beta of 1.01. Altisource Portfolio Solutions S.A. has a 52 week low of $16.17 and a 52 week high of $46.99. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 6.46.

Altisource Portfolio Solutions (NASDAQ:ASPS) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.73 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.73. The company had revenue of $235.00 million for the quarter, compared to analyst estimates of $215.40 million. Altisource Portfolio Solutions had a net margin of 0.23% and a return on equity of 81.23%. The firm’s revenue was down 7.0% on a year-over-year basis. During the same quarter last year, the business earned $0.54 earnings per share. research analysts forecast that Altisource Portfolio Solutions S.A. will post 2.72 EPS for the current fiscal year.

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ASPS has been the subject of several research reports. ValuEngine raised shares of Altisource Portfolio Solutions from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 28th. Zacks Investment Research cut shares of Altisource Portfolio Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. BidaskClub raised shares of Altisource Portfolio Solutions from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Northland Securities reissued a “hold” rating and set a $23.00 target price on shares of Altisource Portfolio Solutions in a research report on Friday, August 11th. Finally, TheStreet raised shares of Altisource Portfolio Solutions from a “d+” rating to a “c-” rating in a research report on Monday, August 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Altisource Portfolio Solutions has a consensus rating of “Hold” and a consensus price target of $22.33.

A number of institutional investors and hedge funds have recently bought and sold shares of ASPS. Wells Fargo & Company MN lifted its holdings in Altisource Portfolio Solutions by 35.0% during the first quarter. Wells Fargo & Company MN now owns 10,424 shares of the business services provider’s stock valued at $384,000 after purchasing an additional 2,700 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Altisource Portfolio Solutions by 4.5% in the first quarter. Bank of New York Mellon Corp now owns 45,215 shares of the business services provider’s stock worth $1,664,000 after buying an additional 1,947 shares in the last quarter. Parametric Portfolio Associates LLC purchased a new position in shares of Altisource Portfolio Solutions in the first quarter worth about $244,000. American International Group Inc. lifted its stake in shares of Altisource Portfolio Solutions by 7.1% in the first quarter. American International Group Inc. now owns 7,115 shares of the business services provider’s stock worth $262,000 after buying an additional 473 shares in the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Altisource Portfolio Solutions by 10.8% in the first quarter. California Public Employees Retirement System now owns 59,500 shares of the business services provider’s stock worth $2,190,000 after buying an additional 5,800 shares in the last quarter. 56.00% of the stock is currently owned by institutional investors and hedge funds.

Altisource Portfolio Solutions Company Profile

Altisource Portfolio Solutions SA is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company’s business processes, vendor and electronic payment management software and behavioral science-based analytics manage outcomes for marketplace participants.

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

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