Trade Report: The Samuel D. Robinson Acquires 9,699 Shares of GP Strategies Corp. (GPX) Stock

The Samuel D. Robinson Acquires 9,699 Shares of GP Strategies Corp. (GPX) Stock

GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson acquired 9,699 shares of the firm’s stock in a transaction dated Monday, October 10th. The stock was purchased at an average cost of $24.63 per share, with a total value of $238,886.37. Following the completion of the acquisition, the director now directly owns 250 shares of the company’s stock, valued at approximately $6,157.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of GP Strategies Corp. (NYSE:GPX) opened at 24.35 on Thursday. The company’s 50 day moving average price is $24.43 and its 200 day moving average price is $23.68. The firm has a market capitalization of $404.87 million, a P/E ratio of 22.12 and a beta of 1.26. GP Strategies Corp. has a one year low of $19.59 and a one year high of $28.59.

GP Strategies Corp. (NYSE:GPX) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by $0.03. The company had revenue of $125.50 million for the quarter, compared to the consensus estimate of $127.96 million. GP Strategies Corp. had a return on equity of 12.82% and a net margin of 3.81%. GP Strategies Corp.’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 earnings per share. On average, analysts expect that GP Strategies Corp. will post $1.19 EPS for the current fiscal year.

GPX has been the subject of several research analyst reports. Zacks Investment Research downgraded GP Strategies Corp. from a “hold” rating to a “strong sell” rating in a report on Monday, August 1st. B. Riley reaffirmed a “buy” rating and set a $26.00 price target on shares of GP Strategies Corp. in a report on Sunday, July 31st.

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of GP Strategies Corp. by 3.2% in the second quarter. Vanguard Group Inc. now owns 556,631 shares of the company’s stock worth $12,073,000 after buying an additional 17,127 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of GP Strategies Corp. by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 925,765 shares of the company’s stock worth $20,080,000 after buying an additional 4,967 shares during the last quarter. Royce & Associates LP increased its position in shares of GP Strategies Corp. by 14.3% in the second quarter. Royce & Associates LP now owns 119,865 shares of the company’s stock worth $2,600,000 after buying an additional 15,000 shares during the last quarter. Neuberger Berman Group LLC increased its position in shares of GP Strategies Corp. by 9.0% in the second quarter. Neuberger Berman Group LLC now owns 282,275 shares of the company’s stock worth $6,123,000 after buying an additional 23,244 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of GP Strategies Corp. during the second quarter worth approximately $285,000. Hedge funds and other institutional investors own 88.88% of the company’s stock.

GP Strategies Corp. Company Profile

Related posts

Leave a Comment