Dorman Products Inc. (NASDAQ:DORM) SVP Jeffery Darby sold 1,624 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $83.31, for a total value of $135,295.44. Following the completion of the transaction, the senior vice president now directly owns 16,229 shares of the company’s stock, valued at approximately $1,352,037.99. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Jeffery Darby also recently made the following trade(s):

  • On Friday, June 5th, Jeffery Darby sold 1,376 shares of Dorman Products stock. The stock was sold at an average price of $76.94, for a total value of $105,869.44.

Dorman Products stock opened at $81.75 on Friday. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 35.24, a PEG ratio of 2.80 and a beta of 0.79. The stock has a fifty day simple moving average of $68.67 and a two-hundred day simple moving average of $66.36. Dorman Products Inc. has a 12 month low of $44.49 and a 12 month high of $84.22. The company has a current ratio of 2.72, a quick ratio of 1.89 and a debt-to-equity ratio of 0.04.

Dorman Products (NASDAQ:DORM) last posted its earnings results on Wednesday, July 29th. The auto parts company reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.04. The business had revenue of $233.20 million during the quarter, compared to analyst estimates of $201.07 million. Dorman Products had a return on equity of 9.57% and a net margin of 7.67%. The company’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 EPS. On average, equities research analysts forecast that Dorman Products Inc. will post 2.47 EPS for the current fiscal year.

A number of research analysts recently weighed in on DORM shares. Zacks Investment Research lowered Dorman Products from a “hold” rating to a “sell” rating in a research report on Monday, June 29th. BidaskClub raised Dorman Products from a “hold” rating to a “buy” rating in a research report on Thursday. ValuEngine lowered Dorman Products from a “buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Stephens raised their price objective on Dorman Products from $57.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $57.50.

Several institutional investors have recently bought and sold shares of DORM. Aigen Investment Management LP increased its holdings in shares of Dorman Products by 1,166.7% in the 1st quarter. Aigen Investment Management LP now owns 494 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 455 shares in the last quarter. Strs Ohio bought a new stake in shares of Dorman Products in the 1st quarter worth $38,000. Howe & Rusling Inc. increased its holdings in shares of Dorman Products by 104.5% in the 2nd quarter. Howe & Rusling Inc. now owns 585 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 299 shares in the last quarter. Private Capital Group LLC boosted its stake in shares of Dorman Products by 103.0% in the 1st quarter. Private Capital Group LLC now owns 885 shares of the auto parts company’s stock worth $49,000 after buying an additional 449 shares during the last quarter. Finally, Sowell Financial Services LLC boosted its stake in shares of Dorman Products by 2,395.5% in the 1st quarter. Sowell Financial Services LLC now owns 1,098 shares of the auto parts company’s stock worth $61,000 after buying an additional 1,054 shares during the last quarter. 78.36% of the stock is owned by institutional investors and hedge funds.

About Dorman Products

Dorman Products, Inc supplies automotive replacement parts, automotive hardware, and brake products to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, the Middle East, and Australia. It offers original equipment dealer products, such as intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, complex electronics, and integrated door lock actuators; and fasteners, including oil drain plugs, wheel bolts, and wheel lug nuts.

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