Noel Jackson Buys Shares of CPSS $CPSS
Key Points
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Noel Jackson, Sr. Vice President at Consumer Portfolio Services, Inc. ($CPSS), bought 7,000 shares at an average price of $3.53, for a total transaction of $24,710. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Consumer Portfolio Services, Inc. Stock Up 1.7%
Shares of Consumer Portfolio Services, Inc. ($CPSS) traded around $9.58 on Thursday, up 1.7% for the day.
Consumer Portfolio Services, Inc. Earnings
About Consumer Portfolio Services, Inc.
Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories or past credit problems. It also serves as an alternative source of financing for dealers, facilitating sales to customers who are not able to obtain financing from commercial banks, credit unions, and the captive finance companies. In addition, the company acquires installment purchase contracts in merger and acquisition transactions; and purchases immaterial amounts of vehicle purchase money loans from non-affiliated lenders. The company services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. Consumer Portfolio Services, Inc. was incorporated in 1991 and is based in Las Vegas, Nevada.
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