Dorman Products, Inc. (NASDAQ:DORM) Shares Bought by Aristides Capital LLC

Aristides Capital LLC raised its holdings in shares of Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 106.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,425 shares of the auto parts company's stock after purchasing an additional 7,425 shares during the period. Aristides Capital LLC's holdings in Dorman Products were worth $1,869,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of DORM. HighPoint Advisor Group LLC increased its holdings in shares of Dorman Products by 3.5% in the 4th quarter. HighPoint Advisor Group LLC now owns 2,438 shares of the auto parts company's stock worth $308,000 after acquiring an additional 83 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Dorman Products by 1.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,763 shares of the auto parts company's stock worth $617,000 after purchasing an additional 84 shares during the last quarter. Pitcairn Co. increased its stake in shares of Dorman Products by 2.0% in the fourth quarter. Pitcairn Co. now owns 4,490 shares of the auto parts company's stock valued at $582,000 after purchasing an additional 86 shares during the period. Csenge Advisory Group raised its holdings in shares of Dorman Products by 0.5% during the fourth quarter. Csenge Advisory Group now owns 19,298 shares of the auto parts company's stock valued at $2,500,000 after buying an additional 96 shares during the last quarter. Finally, Heritage Family Offices LLP boosted its position in shares of Dorman Products by 4.9% during the fourth quarter. Heritage Family Offices LLP now owns 2,128 shares of the auto parts company's stock worth $276,000 after buying an additional 100 shares during the period. 84.70% of the stock is owned by institutional investors and hedge funds.

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Dorman Products Price Performance

DORM traded down $2.30 on Friday, reaching $111.57. The company had a trading volume of 145,790 shares, compared to its average volume of 166,256. The company has a market capitalization of $3.41 billion, a P/E ratio of 18.67 and a beta of 0.87. The company has a current ratio of 2.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average of $124.74 and a 200-day moving average of $126.79. Dorman Products, Inc. has a one year low of $86.61 and a one year high of $146.60.

Dorman Products (NASDAQ:DORM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts' expectations of $523.95 million. As a group, equities research analysts anticipate that Dorman Products, Inc. will post 6.9 earnings per share for the current year.

Insider Buying and Selling at Dorman Products

In other news, Director Steven L. Berman sold 617 shares of the company's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $123.23, for a total value of $76,032.91. Following the completion of the sale, the director now owns 832,910 shares in the company, valued at $102,639,499.30. This represents a 0.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Donna M. Long sold 742 shares of Dorman Products stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $130.38, for a total value of $96,741.96. Following the transaction, the senior vice president now directly owns 19,894 shares in the company, valued at approximately $2,593,779.72. The trade was a 3.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,557 shares of company stock valued at $4,013,252. 10.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Dorman Products from a "strong-buy" rating to a "buy" rating in a research report on Friday, March 14th.

Dorman Products 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.