A Director at Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is Selling Shares

By Carrie Williams

Today, a Director at Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), Michael W. Linn, sold shares of ASPS for $123.4K.

This is Linn’s first Sell trade following 20 Buy transactions. In addition to Michael W. Linn, 2 other ASPS executives reported Sell trades in the last month.

The company has a one year high of $36.73 and a one year low of $17.33. ASPS’s market cap is $483.1M and the company has a P/E ratio of 91.39. Currently, Altisource Portfolio Solutions S.A. has an average volume of 54.55K.

In the last 30 days, insiders have sold $6.93M worth of ASPS shares and purchased $149.8K worth of ASPS shares. The insider sentiment on Altisource Portfolio Solutions S.A. has been negative according to 23 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Altisource Portfolio Solutions SA engages in the provision of real estate services. It operates through the following segments: Mortgage Services, Financial Services, and Technology Services. The Mortgage Services segment includes asset management, insurance, residential property valuation, default management, and origination management services. The Financial Services segment deals with asset recovery and customer relationship management. The Infrastructure Services segment supplies software applications and information technology infrastructure under the following trademarks: REALServicing, REALTrans, REALRemit, REALDoc, and Equator’s Solutions. The company was founded on November 4, 1999 and is headquartered in Luxembourg.