Dorman Products, Inc. (NASDAQ:DORM – Get Free Report) SVP Jeffery Darby sold 2,400 shares of Dorman Products stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $118.98, for a total transaction of $285,552.00. Following the completion of the transaction, the senior vice president now owns 19,871 shares in the company, valued at $2,364,251.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Jeffery Darby also recently made the following trade(s):
- On Monday, August 26th, Jeffery Darby sold 1,400 shares of Dorman Products stock. The shares were sold at an average price of $113.98, for a total value of $159,572.00.
- On Tuesday, August 6th, Jeffery Darby sold 1,400 shares of Dorman Products stock. The stock was sold at an average price of $104.98, for a total value of $146,972.00.
- On Tuesday, July 16th, Jeffery Darby sold 1,400 shares of Dorman Products stock. The shares were sold at an average price of $98.98, for a total transaction of $138,572.00.
Dorman Products Trading Down 0.8 %
Dorman Products stock opened at $115.76 on Thursday. The company has a quick ratio of 1.19, a current ratio of 2.40 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $106.02 and a two-hundred day moving average price of $96.60. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 23.29 and a beta of 0.83. Dorman Products, Inc. has a 52-week low of $60.01 and a 52-week high of $119.28.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on DORM. CJS Securities initiated coverage on Dorman Products in a research note on Friday, September 13th. They issued an “outperform” rating and a $134.00 target price for the company. Roth Mkm reaffirmed a “buy” rating and issued a $116.00 price objective on shares of Dorman Products in a report on Friday, June 14th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Dorman Products currently has an average rating of “Buy” and a consensus price target of $113.33.
Get Our Latest Research Report on Dorman Products
Institutional Investors Weigh In On Dorman Products
Several hedge funds and other institutional investors have recently bought and sold shares of DORM. Parallel Advisors LLC lifted its position in shares of Dorman Products by 277.4% during the 4th quarter. Parallel Advisors LLC now owns 317 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 233 shares during the last quarter. YHB Investment Advisors Inc. purchased a new stake in Dorman Products during the first quarter valued at about $34,000. Quest Partners LLC acquired a new position in shares of Dorman Products in the second quarter worth about $37,000. Mather Group LLC. acquired a new stake in shares of Dorman Products during the first quarter valued at approximately $48,000. Finally, Rothschild Investment LLC acquired a new position in Dorman Products during the second quarter valued at $66,000. 84.70% of the stock is currently owned by institutional investors.
About Dorman Products
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.
Recommended Stories
- Five stocks we like better than Dorman Products
- Short Selling: How to Short a Stock
- 3 Stocks with Upgraded Ratings: Analysts Predict More Upside
- How to Effectively Use the MarketBeat Ratings Screener
- Why General Mills Is the Perfect Hedge for S&P 500 Volatility
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Viking Therapeutics Is Having a Year to Remember: Time to Buy?
Receive News & Ratings for Dorman Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorman Products and related companies with MarketBeat.com's FREE daily email newsletter.