Management Team: Cove Street and Growth Rates

management team: This material has been extracted from filings released by the SEC from Nov. 21 through Nov. 27, according to The Independent. Source Insider Score Activist Holdings GP Strategies GPX Cove Street Capital disclosed on Nov. 21 that it held 2,409,532 shares of the education and professional-development services provider, equal to 14.2% of the outstanding stock. Subsequent changes in holdings or intentions must be reported in amended filings. Cove Street revealed that it has shifted to an active stance, as it expects to engage the board and the management team over GP's difficulty over a multiyear period in striking what Cove Street believes are acceptable growth rates in revenue and profit. USA Technologies USAT Hudson Executive Capital revealed that it holds 10,385,172 shares of the payments-processing firm, equal to 16.3% of the tradable stock. Those issues were laid bare amid management changes and the systems implementation problems that followed the sale of a tuition-management unit that Cove Street feels was undervalued by GP. Cove Street added that there is a material question mark regarding the risk-adjusted present value of GP's operating plan, and it should be the board's priority to explore strategic alternatives that could further highlight the underlying value of GP versus its current share price. (news.financializer.com). As reported in the news.

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