A Director at GP Strategies (NYSE: GPX) is Buying Shares


Today, a Director at GP Strategies (NYSE: GPX), Marshall Geller, bought shares of GPX for $78.45K.

This is Geller’s first Buy trade following 4 Sell transactions. This recent transaction increases Marshall Geller’s holding in the company by 2.89% to a total of $2.88 million.

See today’s analyst top recommended stocks >>

Based on GP Strategies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $125 million and quarterly net profit of $2.63 million. In comparison, last year the company earned revenue of $122 million and had a net profit of $4.09 million. GPX’s market cap is $333.2M and the company has a P/E ratio of 29.71. Currently, GP Strategies has an average volume of 42.76K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $27.67, reflecting a -27.2% downside. Starting in January 2018, GPX received 9 Buy ratings in a row. Three different firms, including B.Riley FBR and Barrington, currently also have a Buy rating on the stock.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

GP Strategies Corp. provides training, e-Learning solutions, management consulting and engineering services. It operates through the following segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts