Shares of Altisource Portfolio Solutions SA (NASDAQ:ASPS) traded down 14.9% on Tuesday . The stock traded as low as $23.32 and last traded at $23.72, with a volume of 759,494 shares. The stock had previously closed at $27.88.

Several analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Altisource Portfolio Solutions SA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 28th. Piper Jaffray Cos. cut shares of Altisource Portfolio Solutions SA from a “neutral” rating to an “underweight” rating and cut their target price for the company from $24.00 to $16.00 in a report on Monday, May 2nd.

The firm has a market cap of $472.14 million and a price-to-earnings ratio of 9.25. The company’s 50-day moving average price is $27.17 and its 200 day moving average price is $27.27.

In other news, insider Kevin James Wilcox acquired 1,700 shares of the stock in a transaction on Monday, May 2nd. The stock was bought at an average price of $29.36 per share, with a total value of $49,912.00. Following the completion of the transaction, the insider now directly owns 55,010 shares of the company’s stock, valued at $1,615,093.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Other institutional investors have added to or reduced their stakes in the company. Whitebox Advisors LLC boosted its position in Altisource Portfolio Solutions SA by 33.9% in the fourth quarter. Whitebox Advisors LLC now owns 435,852 shares of the company’s stock valued at $12,121,000 after buying an additional 110,411 shares during the period. Teacher Retirement System of Texas boosted its position in Altisource Portfolio Solutions SA by 8,221.4% in the fourth quarter. Teacher Retirement System of Texas now owns 155,110 shares of the company’s stock valued at $4,314,000 after buying an additional 153,246 shares during the period. Finally, Oxford Asset Management acquired a new position in Altisource Portfolio Solutions SA during the fourth quarter valued at approximately $5,030,000.

Altisource Portfolio Solutions SA is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company operates through three segments: Mortgage Services, Financial Services and Technology Services. The Company’s Mortgage Services segment provides services that span the mortgage and real estate lifecycle, and are outsourced by loan servicers, loan originators, home investors, and other sellers and buyers of single family homes.

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