The Insider Selling: Santander Consumer USA Holdings Inc (SC) COO Sells 9,791 Shares of Stock

The Insider Selling: Santander Consumer USA Holdings Inc (SC) COO Sells 9,791 Shares of Stock

Santander Consumer USA Holdings Inc (SC) opened at 11.35 on Monday. The firm has a 50-day moving average of $12.25 and a 200 day moving average of $13.37. The company has a market capitalization of $4.08 billion, a PE ratio of 5.82 and a beta of 1.22. Santander Consumer USA Holdings Inc has a 12-month low of $9.49 and a 12-month high of $15.47.

Santander Consumer USA Holdings Inc (NYSE:SC) COO Richard Morrin sold 9,791 shares of the company’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $12.52, for a total value of $122,583.32. Following the transaction, the chief operating officer now directly owns 80,663 shares in the company, valued at approximately $1,009,900.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Several institutional investors have recently bought and sold shares of SC. UBS Asset Management Americas Inc. increased its position in Santander Consumer USA Holdings by 8.1% in the third quarter. UBS Asset Management Americas Inc. now owns 49,436 shares of the financial services provider’s stock worth $601,000 after buying an additional 3,700 shares during the last quarter. Sei Investments Co. increased its position in shares of Santander Consumer USA Holdings by 40.3% in the third quarter. Sei Investments Co. now owns 9,074 shares of the financial services provider’s stock valued at $111,000 after buying an additional 2,608 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of Santander Consumer USA Holdings by 14.0% in the third quarter. New York State Common Retirement Fund now owns 577,300 shares of the financial services provider’s stock valued at $7,020,000 after buying an additional 71,080 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Santander Consumer USA Holdings by 354.7% in the third quarter. Teachers Advisors LLC now owns 464,470 shares of the financial services provider’s stock valued at $5,648,000 after buying an additional 362,321 shares in the last quarter. Finally, BlackRock Group LTD increased its position in shares of Santander Consumer USA Holdings by 0.9% in the third quarter. BlackRock Group LTD now owns 185,173 shares of the financial services provider’s stock valued at $2,251,000 after buying an additional 1,584 shares in the last quarter. 33.21% of the stock is currently owned by institutional investors. SC has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Santander Consumer USA Holdings from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 29th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $18.00 target price (up from $15.00) on shares of Santander Consumer USA Holdings in a research note on Friday, February 24th. Finally, Compass Point raised shares of Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating and upped their target price for the stock from $13.50 to $16.00 in a research note on Thursday, April 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $14.64.

About Santander Consumer USA Holdings Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “SC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Receive News & Ratings for Santander Consumer USA Holdings Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Santander Consumer USA Holdings Inc and related companies with our FREE daily email newsletter.

Related posts

Leave a Comment