GP Strategies Corporation (NYSE:GPX) saw an insider lower his holdings in the company today. The Executive Vice President Karl Baer disposed of 10,510 shares of common stock through two separate transactions. Following these moves, Baer holds 10,218 shares directly; while holding 4,124 shares indirectly. A $554.37 million market cap company, GP Strategies Corporation (NYSE:GPX) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services. Its clients include companies and governmental and other commercial customers in a variety of industries.
In addition, Royce & Associates, the fund run by billionaire Chuck Royce is involved in the company. After lowering its holdings by 8% over the last quarter, the fund now holds 570,165 shares worth approximately $14.75 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.