GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson acquired 3,881 shares of the stock in a transaction on Tuesday, September 27th. The shares were purchased at an average price of $24.64 per share, for a total transaction of $95,627.84. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
GP Strategies Corp. (NYSE:GPX) opened at 24.67 on Thursday. GP Strategies Corp. has a 12 month low of $19.59 and a 12 month high of $28.59. The company has a market cap of $410.19 million, a PE ratio of 22.41 and a beta of 1.41. The company has a 50 day moving average price of $24.29 and a 200-day moving average price of $23.84.
GP Strategies Corp. (NYSE:GPX) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by $0.03. GP Strategies Corp. had a return on equity of 12.82% and a net margin of 3.81%. The company had revenue of $125.50 million for the quarter, compared to the consensus estimate of $127.96 million. During the same quarter last year, the company posted $0.27 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. Equities analysts predict that GP Strategies Corp. will post $1.19 earnings per share for the current fiscal year.
A number of large investors have recently made changes to their positions in GPX. BlackRock Group LTD increased its stake in shares of GP Strategies Corp. by 161.4% in the second quarter. BlackRock Group LTD now owns 5,600 shares of the company’s stock valued at $121,000 after buying an additional 3,458 shares during the period. UBS Asset Management Americas Inc. bought a new stake in shares of GP Strategies Corp. during the first quarter valued at about $244,000. Metropolitan Life Insurance Co. NY increased its stake in shares of GP Strategies Corp. by 6.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 9,228 shares of the company’s stock valued at $253,000 after buying an additional 527 shares during the period. GSA Capital Partners LLP bought a new stake in shares of GP Strategies Corp. during the second quarter valued at about $285,000. Finally, Rhumbline Advisers increased its stake in shares of GP Strategies Corp. by 19.5% in the second quarter. Rhumbline Advisers now owns 15,447 shares of the company’s stock valued at $335,000 after buying an additional 2,522 shares during the period. Institutional investors and hedge funds own 88.88% of the company’s stock.
GPX has been the topic of several recent research reports. B. Riley reiterated a “buy” rating and set a $26.00 price objective on shares of GP Strategies Corp. in a research report on Sunday, July 31st. Zacks Investment Research upgraded GP Strategies Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 29th.
GP Strategies Corp. Company Profile
GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.
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