Santander Consumer Usa Holdings Inc. (SC) Files Form 4 Insider Selling : Jennifer Popp Sells 13,434 Shares

Santander Consumer Usa Holdings Inc. (SC): Jennifer Popp , Deputy Chief Financial Officer of Santander Consumer Usa Holdings Inc. sold 13,434 shares on Jul 18, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $12.02 per share for a total value of $161,433.91 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 1, 2016, Jennifer Popp (Deputy Chief Financial Officer) sold 1,144 shares at $10.28 per share price.On Sep 2, 2015, Jason W. Grubb (President & COO, Originations) sold 30,274 shares at $22.48 per share price.Also, On Aug 17, 2015, R. Michele Rodgers (Chief Compliance Officer) sold 15,070 shares at $23.17 per share price.On May 15, 2015, Alberto Sanchez (director) sold 1,500 shares at $24.00 per share price.

Santander Consumer USA Holdings Inc: On Monday, Jul 18, 2016 heightened volatility was witnessed in Santander Consumer USA Holdings Inc which led to swings in the share price. The shares opened for trading at $11.92 and hit $12.14 on the upside , eventually ending the session at $11.97, with a gain of 0.25% or 0.03 points. The heightened volatility saw the trading volume jump to 14,93,688 shares. The 52-week high of the share price is $25.6 and the company has a market cap of $4,287 M . The 52-week low of the share price is at $8.54.

Santander Consumer USA Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Santander Consumer USA Holdings Inc is Downgraded by Macquarie to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 11, 2016.Santander Consumer USA Holdings Inc is Reiterated by Compass Point to Neutral and the brokerage firm has raised the Price Target to $ 13.50 from a previous price target of $12 .The Rating was issued on Apr 28, 2016.

Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases as well as dealer loans for inventory construction real estate working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance and origination and servicing.

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