Bridge City Capital LLC Has $6.38 Million Holdings in Dorman Products, Inc. (NASDAQ:DORM)

Bridge City Capital LLC reduced its position in shares of Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,208 shares of the auto parts company's stock after selling 2,469 shares during the period. Dorman Products accounts for approximately 1.7% of Bridge City Capital LLC's holdings, making the stock its 15th biggest position. Bridge City Capital LLC owned about 0.16% of Dorman Products worth $6,375,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Westside Investment Management Inc. acquired a new stake in shares of Dorman Products in the third quarter valued at about $29,000. Jones Financial Companies Lllp grew its holdings in Dorman Products by 518.4% in the 4th quarter. Jones Financial Companies Lllp now owns 235 shares of the auto parts company's stock valued at $30,000 after buying an additional 197 shares during the last quarter. Advisors Asset Management Inc. bought a new position in Dorman Products in the 3rd quarter worth approximately $31,000. Quent Capital LLC bought a new position in Dorman Products in the 4th quarter worth approximately $31,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Dorman Products during the fourth quarter worth approximately $42,000. Institutional investors own 84.70% of the company's stock.

Wall Street Analysts Forecast Growth

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

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Dorman Products Stock Performance

DORM stock traded down $0.62 during trading on Thursday, reaching $125.15. 253,590 shares of the stock were exchanged, compared to its average volume of 148,524. Dorman Products, Inc. has a twelve month low of $86.61 and a twelve month high of $146.60. 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 market capitalization of $3.83 billion, a P/E ratio of 20.93 and a beta of 0.84. The stock has a 50 day simple moving average of $128.05 and a 200-day simple moving average of $126.48.

Dorman Products (NASDAQ:DORM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.21. The company had revenue of $533.77 million for the quarter, compared to analyst estimates of $523.95 million. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. As a group, sell-side 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, SVP Donna M. Long sold 742 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total value of $96,741.96. Following the sale, the senior vice president now directly owns 19,894 shares in the company, valued at approximately $2,593,779.72. This represents a 3.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Steven L. Berman sold 285 shares of the firm's stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $123.50, for a total value of $35,197.50. Following the transaction, the director now owns 833,527 shares of the company's stock, valued at $102,940,584.50. This trade represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,842 shares of company stock valued at $4,048,449 in the last 90 days. 10.00% of the stock is currently owned by company insiders.

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.