Altisource Portfolio Solutions S.A. (NASDAQ:ASPS), saw one of it’s insiders increase his holdings with the company through a transaction that began earlier this week and was officially filed today, August 8th. Director Michael W. Linn purchased 1,212 shares at average prices ranging from $85.27 to $86.46 per share. Following the completion of this transaction, Linn now holds a total of 10,779 shares directly, and 11,155 shares indirectly in the company.
A $1.91 billion market cap company, Altisource Portfolio Solutions S.A. (NASDAQ:ASPS), together with its subsidiaries, is a provider of services focused on technology-enabled, knowledge-based functions related to real estate and mortgage portfolio management, asset recovery and customer relationship management. The Company operates in three segments: Mortgage Services, Financial Services and Technology Services.
The Largest hedge fund involvement comes from Christian Leone‘s Luxor Capital Group, which after raising its activity by 64% last quarter, now has 2,0003,566 shares worth about $243.8 million invested in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.