On September 16, 2024, John Harton, Sr. Vice President of Consumer Portfolio Services Inc (CPSS, Financial), sold 10,000 shares of the company. The transaction was reported in an SEC Filing. Following this sale, the insider now owns 255,604 shares of Consumer Portfolio Services Inc.
Consumer Portfolio Services Inc, a finance company, specializes in purchasing and servicing retail automobile contracts originated by franchised automobile dealers and select independent dealers in the United States. The company operates in an industry where it provides financing solutions for consumers who are not able to secure financing through traditional avenues.
Over the past year, John Harton has sold a total of 20,000 shares of Consumer Portfolio Services Inc and has not made any purchases of the stock. The insider transaction history for the company shows a trend with 0 insider buys and 10 insider sells over the same timeframe.
On the day of the sale, shares of Consumer Portfolio Services Inc were trading at $9.5. This pricing gives the company a market cap of approximately $204.954 million. The price-earnings ratio of the stock stands at 8.90, which is below the industry median of 14.83.
According to GF Value, the intrinsic value of Consumer Portfolio Services Inc is estimated at $13.09 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.73. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This recent insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including its price-to-free cash flow and other financial ratios.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
