23,834 Shares in Superior Industries International, Inc. (NYSE:SUP) Purchased by Corsair Capital Management L.P.

Corsair Capital Management L.P. acquired a new position in shares of Superior Industries International, Inc. (NYSE:SUP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,834 shares of the auto parts company’s stock, valued at approximately $72,000.

Separately, Squarepoint Ops LLC raised its holdings in shares of Superior Industries International by 818.9% in the second quarter. Squarepoint Ops LLC now owns 782,531 shares of the auto parts company’s stock worth $2,645,000 after buying an additional 697,367 shares during the period. 56.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Superior Industries International from a “buy” rating to a “hold” rating in a report on Saturday, November 16th.

Superior Industries International Stock Performance

SUP stock opened at $2.38 on Wednesday. Superior Industries International, Inc. has a 1-year low of $2.10 and a 1-year high of $4.57. The business has a 50-day moving average price of $2.76 and a 200 day moving average price of $3.13.

About Superior Industries International

Superior Industries International, Inc, together with its subsidiaries, designs, manufactures, and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe. It offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names. The company was founded in 1957 and is headquartered in Southfield, Michigan.