Dorman Products Inc. (DORM) SVP Jeffery Darby Sells 1,100 Shares
Dorman Products Inc. (NASDAQ:DORM) SVP Jeffery Darby sold 1,100 shares of Dorman Products stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $72.77, for a total value of $80,047.00. Following the completion of the sale, the senior vice president now owns 13,488 shares of the company’s stock, valued at $981,521.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Dorman Products Inc. (NASDAQ:DORM) traded up $0.03 during trading on Friday, reaching $72.54. The company’s stock had a trading volume of 120,853 shares, compared to its average volume of 233,178. Dorman Products Inc. has a 12-month low of $60.93 and a 12-month high of $88.50. The firm has a market capitalization of $2,435.02, a PE ratio of 23.18, a PEG ratio of 1.57 and a beta of 0.91.
Dorman Products (NASDAQ:DORM) last announced its quarterly earnings data on Monday, February 26th. The auto parts company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.01. Dorman Products had a return on equity of 18.14% and a net margin of 11.80%. The firm had revenue of $227.72 million during the quarter, compared to analysts’ expectations of $234.58 million. During the same quarter last year, the firm posted $0.83 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. equities analysts expect that Dorman Products Inc. will post 4.2 earnings per share for the current year.
A number of institutional investors have recently made changes to their positions in DORM. Zions Bancorporation acquired a new stake in Dorman Products in the third quarter valued at approximately $193,000. Visionary Asset Management Inc. purchased a new position in shares of Dorman Products during the third quarter valued at approximately $204,000. Mitchell Capital Management Co. purchased a new position in shares of Dorman Products during the fourth quarter valued at approximately $220,000. Virtu Financial LLC purchased a new position in shares of Dorman Products during the fourth quarter valued at approximately $225,000. Finally, Koch Industries Inc. purchased a new position in shares of Dorman Products during the fourth quarter valued at approximately $234,000. 74.20% of the stock is owned by hedge funds and other institutional investors.
About Dorman Products
Dorman Products, Inc is a supplier of replacement parts and fasteners for passenger cars, light trucks and heavy duty trucks in the automotive aftermarket. As of December 31, 2016, the Company distributed and marketed approximately 155,000 different stock keeping units (SKU’s) of automotive replacement parts and fasteners.
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