GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson purchased 7,762 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The stock was bought at an average cost of $24.67 per share, for a total transaction of $191,488.54. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
GP Strategies Corp. (NYSE:GPX) opened at 24.62 on Friday. The firm has a 50-day moving average price of $24.33 and a 200-day moving average price of $23.82. GP Strategies Corp. has a 1-year low of $19.59 and a 1-year high of $28.59. The firm has a market cap of $409.36 million, a price-to-earnings ratio of 22.36 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 EPS for the quarter, missing the consensus estimate of $0.32 by $0.03. GP Strategies Corp. had a net margin of 3.81% and a return on equity of 12.82%. 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 EPS. GP Strategies Corp.’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts expect that GP Strategies Corp. will post $1.19 earnings per share for the current fiscal year.
GPX has been the topic of several recent analyst reports. Zacks Investment Research raised GP Strategies Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 29th. B. Riley reissued a “buy” rating and issued a $26.00 price objective on shares of GP Strategies Corp. in a research note on Sunday, July 31st.
A number of institutional investors have recently bought and sold shares of the stock. Cove Street Capital LLC increased its position in GP Strategies Corp. by 45.6% in the second quarter. Cove Street Capital LLC now owns 1,108,546 shares of the company’s stock valued at $24,045,000 after buying an additional 347,003 shares during the last quarter. Emerald Acquisition Ltd. bought a new stake in GP Strategies Corp. during the second quarter valued at about $4,476,000. Thomson Horstmann & Bryant Inc. increased its stake in GP Strategies Corp. by 18.7% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 342,052 shares of the company’s stock valued at $7,419,000 after buying an additional 53,980 shares in the last quarter. Neuberger Berman Group LLC increased its stake in GP Strategies Corp. by 9.0% in the second quarter. Neuberger Berman Group LLC now owns 282,275 shares of the company’s stock valued at $6,123,000 after buying an additional 23,244 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in GP Strategies Corp. by 3.2% in the second quarter. Vanguard Group Inc. now owns 556,631 shares of the company’s stock valued at $12,073,000 after buying an additional 17,127 shares in the last quarter. Institutional investors and hedge funds own 88.88% of the company’s stock.
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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