Cooper-Standard Holdings Inc. (NYSE:CPS) Director Acquires $45,810.00 in Stock

Cooper-Standard Holdings Inc. (NYSE:CPS) Director David John Mastrocola purchased 3,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average cost of $15.27 per share, with a total value of $45,810.00. Following the purchase, the director now directly owns 11,115 shares of the company’s stock, valued at approximately $169,726.05. The trade was a 36.97 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Cooper-Standard Stock Down 1.1 %

CPS stock opened at $14.74 on Monday. The firm has a market cap of $255.44 million, a price-to-earnings ratio of -3.25 and a beta of 2.78. Cooper-Standard Holdings Inc. has a 12-month low of $11.24 and a 12-month high of $19.21. The company’s fifty day simple moving average is $14.61 and its 200 day simple moving average is $14.40.

Cooper-Standard (NYSE:CPS) last released its earnings results on Thursday, February 13th. The auto parts company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.22).

Hedge Funds Weigh In On Cooper-Standard

Hedge funds and other institutional investors have recently bought and sold shares of the company. US Bancorp DE acquired a new position in Cooper-Standard in the third quarter valued at $33,000. Quantbot Technologies LP acquired a new position in shares of Cooper-Standard during the fourth quarter valued at about $48,000. National Bank of Canada FI acquired a new position in shares of Cooper-Standard during the fourth quarter valued at about $54,000. Quarry LP acquired a new position in shares of Cooper-Standard during the fourth quarter valued at about $79,000. Finally, SG Americas Securities LLC acquired a new position in shares of Cooper-Standard during the fourth quarter valued at about $107,000. Institutional investors and hedge funds own 69.11% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Cooper-Standard from a “hold” rating to a “buy” rating in a research note on Saturday.

About Cooper-Standard

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.