GP Strategies Corp. (NYSE:GPX) Director Samuel D. Robinson bought 3,881 shares of the stock in a transaction on Tuesday, September 27th. The shares were acquired at an average cost of $24.64 per share, with a total value of $95,627.84. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
GP Strategies Corp. (NYSE:GPX) opened at 24.62 on Monday. The stock has a 50 day moving average price of $24.33 and a 200 day moving average price of $23.82. The firm has a market cap of $409.36 million, a P/E ratio of 22.36 and a beta of 1.26. GP Strategies Corp. has a 1-year low of $19.59 and a 1-year high of $28.59.
GP Strategies Corp. (NYSE:GPX) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.03. The firm 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%. The firm’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. On average, analysts anticipate that GP Strategies Corp. will post $1.19 EPS for the current year.
Several brokerages have commented on GPX. Zacks Investment Research raised GP Strategies Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, September 28th. B. Riley reissued a “buy” rating and set a $26.00 target price on shares of GP Strategies Corp. in a research note on Sunday, July 31st.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Neuberger Berman Group LLC increased its position 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 during the last quarter. GSA Capital Partners LLP purchased a new position in GP Strategies Corp. during the second quarter valued at $285,000. GHP Investment Advisors Inc. increased its position in GP Strategies Corp. by 11.2% in the second quarter. GHP Investment Advisors Inc. now owns 17,975 shares of the company’s stock valued at $390,000 after buying an additional 1,815 shares during the last quarter. Emerald Acquisition Ltd. purchased a new position in GP Strategies Corp. during the second quarter valued at $4,476,000. Finally, Thomson Horstmann & Bryant Inc. increased its position 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 during the last quarter. Institutional investors own 88.88% of the company’s stock.
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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