GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson acquired 3,881 shares of the stock in a transaction dated Monday, September 26th. The shares were bought at an average price of $24.80 per share, with a total value of $96,248.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of GP Strategies Corp. (NYSE:GPX) opened at 24.67 on Thursday. The stock’s 50 day moving average price is $24.29 and its 200 day moving average price is $23.84. 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 P/E ratio of 22.41 and a beta of 1.41.
GP Strategies Corp. (NYSE:GPX) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm earned $125.50 million during the quarter, compared to analysts’ expectations of $127.96 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. GP Strategies Corp.’s revenue for the quarter was down .2% compared to the same quarter last year. On average, analysts forecast that GP Strategies Corp. will post $1.19 EPS for the current year.
Several institutional investors have recently bought and sold shares of the company. AlphaOne Investment Services LLC boosted its position in GP Strategies Corp. by 4.1% in the first quarter. AlphaOne Investment Services LLC now owns 137,591 shares of the company’s stock worth $3,771,000 after buying an additional 5,405 shares during the last quarter. Emerald Acquisition Ltd. purchased a new position in GP Strategies Corp. during the second quarter worth about $4,476,000. Geode Capital Management LLC boosted its position in GP Strategies Corp. by 0.9% in the first quarter. Geode Capital Management LLC now owns 102,005 shares of the company’s stock worth $2,794,000 after buying an additional 952 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in GP Strategies Corp. by 13.5% in the first quarter. Envestnet Asset Management Inc. now owns 27,238 shares of the company’s stock worth $746,000 after buying an additional 3,245 shares during the last quarter. Finally, NWQ Investment Management Company LLC boosted its position in GP Strategies Corp. by 2.0% in the first quarter. NWQ Investment Management Company LLC now owns 787,331 shares of the company’s stock worth $21,573,000 after buying an additional 15,520 shares during the last quarter. Hedge funds and other institutional investors own 88.88% of the company’s stock.
GPX has been the subject of a number of research analyst reports. Zacks Investment Research upgraded GP Strategies Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 29th. B. Riley reiterated a “buy” rating and issued a $26.00 target price on shares of GP Strategies Corp. in a report on Sunday, July 31st.
About GP Strategies Corp.
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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