Jeffery Darby Sells 1,400 Shares of Dorman Products, Inc. (NASDAQ:DORM) Stock

Dorman Products, Inc. (NASDAQ:DORM) SVP Jeffery Darby sold 1,400 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $104.98, for a total value of $146,972.00. Following the transaction, the senior vice president now owns 23,671 shares of the company’s stock, valued at approximately $2,484,981.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, July 16th, Jeffery Darby sold 1,400 shares of Dorman Products stock. The stock was sold at an average price of $98.98, for a total value of $138,572.00.

Dorman Products Trading Down 0.2 %

DORM stock traded down $0.26 during mid-day trading on Friday, reaching $105.48. The company had a trading volume of 136,284 shares, compared to its average volume of 158,272. The firm has a 50 day moving average of $95.19 and a 200 day moving average of $91.51. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.40 and a quick ratio of 1.19. Dorman Products, Inc. has a 12 month low of $60.01 and a 12 month high of $109.44. The company has a market capitalization of $3.27 billion, a PE ratio of 21.22 and a beta of 0.82.

Dorman Products (NASDAQ:DORM) last released its quarterly earnings data on Thursday, August 1st. The auto parts company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.19 by $0.48. Dorman Products had a return on equity of 15.97% and a net margin of 8.75%. The company had revenue of $502.95 million for the quarter, compared to the consensus estimate of $497.46 million. During the same period last year, the business posted $1.01 EPS. Dorman Products’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities analysts predict that Dorman Products, Inc. will post 6.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reaffirmed a “buy” rating and issued a $116.00 price objective on shares of Dorman Products in a research report on Friday, June 14th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DORM. Parallel Advisors LLC raised its holdings in shares of Dorman Products by 277.4% in the 4th quarter. Parallel Advisors LLC now owns 317 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 233 shares in the last quarter. YHB Investment Advisors Inc. purchased a new stake in Dorman Products during the first quarter worth $34,000. Quest Partners LLC bought a new stake in Dorman Products during the 2nd quarter valued at $37,000. Mather Group LLC. purchased a new position in shares of Dorman Products in the 1st quarter valued at $48,000. Finally, Rothschild Investment LLC bought a new position in shares of Dorman Products in the 2nd quarter worth $66,000. 84.70% of the stock is currently owned by institutional investors.

Dorman Products Company Profile

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.