Cooper-Standard Holdings Inc. (NYSE:CPS) Director Purchases $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 on Wednesday, February 19th. The stock was acquired at an average price of $15.27 per share, with a total value of $45,810.00. Following the completion of the purchase, the director now directly owns 11,115 shares in the company, valued at $169,726.05. This trade represents a 36.97 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Cooper-Standard Stock Performance

Shares of NYSE CPS opened at $14.74 on Friday. The company has a market cap of $255.44 million, a P/E ratio of -3.25 and a beta of 2.78. Cooper-Standard Holdings Inc. has a 52-week low of $11.24 and a 52-week high of $19.21. The firm’s fifty day moving average is $14.61 and its two-hundred day moving average is $14.38.

Cooper-Standard (NYSE:CPS) last issued 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).

Institutional Trading of Cooper-Standard

Several hedge funds have recently modified their holdings of the company. US Bancorp DE purchased a new position in shares of Cooper-Standard in the third quarter valued at $33,000. Quantbot Technologies LP purchased a new position in shares of Cooper-Standard in the 4th quarter worth $48,000. National Bank of Canada FI purchased a new position in shares of Cooper-Standard in the 4th quarter worth $54,000. Quarry LP bought a new stake in shares of Cooper-Standard in the 4th quarter worth about $79,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Cooper-Standard during the 4th quarter valued at about $107,000. 69.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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