Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Shares Bought by XTX Topco Ltd

XTX Topco Ltd raised its stake in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) by 306.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,818 shares of the business services provider’s stock after buying an additional 60,933 shares during the quarter. XTX Topco Ltd owned about 0.09% of Altisource Portfolio Solutions worth $55,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in Altisource Portfolio Solutions by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 199,824 shares of the business services provider’s stock valued at $131,000 after buying an additional 16,390 shares during the last quarter. Nantahala Capital Management LLC lifted its position in shares of Altisource Portfolio Solutions by 95.1% during the fourth quarter. Nantahala Capital Management LLC now owns 2,128,284 shares of the business services provider’s stock worth $1,399,000 after purchasing an additional 1,037,275 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Altisource Portfolio Solutions during the fourth quarter worth about $302,000. Institutional investors and hedge funds own 41.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Altisource Portfolio Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th.

Altisource Portfolio Solutions Stock Performance

Shares of ASPS opened at $10.49 on Friday. The stock has a market capitalization of $115.25 million, a PE ratio of -2.41 and a beta of 0.23. Altisource Portfolio Solutions S.A. has a 1 year low of $3.46 and a 1 year high of $15.96. The company’s 50-day simple moving average is $10.75 and its 200-day simple moving average is $7.98.

Altisource Portfolio Solutions (NASDAQ:ASPS) last issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $40.79 million for the quarter.

Altisource Portfolio Solutions Profile

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.