Donna M. Long Sells 742 Shares of Dorman Products, Inc. (NASDAQ:DORM) Stock

Dorman Products, Inc. (NASDAQ:DORM) SVP Donna M. Long sold 742 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total transaction of $96,741.96. Following the sale, the senior vice president now owns 19,894 shares in the company, valued at $2,593,779.72. The trade was a 3.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Dorman Products Price Performance

Shares of NASDAQ DORM opened at $124.91 on Monday. The firm has a market capitalization of $3.82 billion, a P/E ratio of 20.89 and a beta of 0.84. Dorman Products, Inc. has a one year low of $86.61 and a one year high of $146.60. The company’s fifty day moving average is $128.37 and its two-hundred day moving average is $125.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.34.

Dorman Products (NASDAQ:DORM) last released its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.99 by $0.21. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. The business had revenue of $533.77 million for the quarter, compared to analyst estimates of $523.95 million. Analysts forecast that Dorman Products, Inc. will post 6.9 EPS for the current fiscal year.

Institutional Investors Weigh In On Dorman Products

Several institutional investors and hedge funds have recently made changes to their positions in DORM. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Dorman Products in the 4th quarter worth about $42,495,000. Norges Bank purchased a new stake in shares of Dorman Products in the 4th quarter worth about $41,047,000. Fiera Capital Corp purchased a new stake in shares of Dorman Products in the 3rd quarter worth about $25,571,000. Oberweis Asset Management Inc. purchased a new stake in shares of Dorman Products in the 4th quarter worth about $23,283,000. Finally, Wellington Management Group LLP boosted its position in shares of Dorman Products by 1,136.2% in the 4th quarter. Wellington Management Group LLP now owns 174,717 shares of the auto parts company’s stock worth $22,635,000 after buying an additional 160,584 shares in the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Dorman Products from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 28th.

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.