120 hedge funds sold their entire positions in Cooper-Standard Holdings Inc. (CPS)

Cooper-Standard Holdings Inc. (NYSE:CPS) went up to recover about 21.56% since recording its record low price of $56.68. The stock experienced -3.04% slump, arriving at $68.9 on 01/11/2019. During the day, the stock price traveled from $68.9 to $71.375. This company shares are 5.95% off its target price of $73 and the current market capitalization stands at $1.26B. The recent change has given its price a -2.94% deficit over SMA 50 and -53.06% deficit over its 52-week high. The stock witnessed 5.16% gains, -29.09% declines and -48.38% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CPS’s volatility during a week at 4.14% and during a month it has been found around 4.13%.

Cooper-Standard Holdings Inc. (CPS) Top Holders

Institutional investors currently hold around $1.18 billion or 98.7% in CPS stock. Look at its top three institutional owners. Blackrock Inc. owns $166.39 million in Cooper-Standard Holdings Inc., which represents roughly 13.21% of the company’s market cap and approximately 14.14% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 1,839,033 shares of the stock are valued at $126.71 million. The third largest holder is Ameriprise Financial Inc, which currently holds $63.9 million worth of this stock and that ownership represents nearly 5.07% of its market capitalization.

Cooper-Standard Holdings Inc. 13F Filings

At the end of September reporting period, 108 institutional holders increased their position in Cooper-Standard Holdings Inc. (NYSE:CPS) by some 1,118,179 shares, 120 decreased positions by 1,641,544 and 30 held positions by 14,325,401. That puts total institutional holdings at 17,085,124 shares, according to SEC filings. The stock grabbed 37 new institutional investments totaling 367,363 shares while 29 institutional investors sold out their entire positions totaling 140,846 shares.

Cooper-Standard Holdings Inc. (NYSE:CPS) Insider Trades

Multiple company employees have indulged in significant insider trading. Cooper-Standard Holdings Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman and CEO Edwards Jeffrey S has acquired 13,200 shares of Cooper-Standard Holdings Inc. (CPS) in trading session dated Nov. 07, 2018. These shares are worth $978,384 and were traded at $74.12 each. The SEC filing shows that Sepahban Sonya F. performed a purchase of 135 shares. The Director added these shares by way of transaction on Nov. 05, 2018. The company’s shares were assimilated at $72.48 per share worth to an investment of some $9,785 on account of Sepahban Sonya F..

Director, Simoncini Matthew, purchased 5,500 common shares of Cooper-Standard Holdings Inc. (CPS) in the open market. In a transaction dated Nov. 05, 2018, the shares were bought at an average price of $72.48, giving away a sum of $398,640. After this purchase, 5,500 common shares of CPS are directly owned by the insider, with total stake valued at $378,950.

In the transaction dated Aug. 03, 2018, the great number of shares disposed came courtesy the Sr VP & Pres., Asia Pacific; Lee Song Min disposed a total of 10,013 shares at an average price of $141.2, amounting to approximately $1,413,836. The insider now directly owns 10,489 shares worth $722,692.

Cooper-Standard Holdings Inc. (CPS) Analyst Guide

Several analysts have released their opinion on Cooper-Standard Holdings Inc. (NYSE:CPS), with 0 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 1 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.