Dorman Products, Inc. (NASDAQ:DORM) Shares Sold by Fiduciary Planning LLC

Fiduciary Planning LLC decreased its position in Dorman Products, Inc. (NASDAQ:DORM) by 16.3% during the 2nd quarter, Holdings Channel reports. The firm owned 2,564 shares of the auto parts company’s stock after selling 500 shares during the quarter. Fiduciary Planning LLC’s holdings in Dorman Products were worth $235,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Parallel Advisors LLC grew its position in shares of Dorman Products by 277.4% in the fourth quarter. Parallel Advisors LLC now owns 317 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 233 shares during the last quarter. YHB Investment Advisors Inc. acquired a new stake in Dorman Products during the 1st quarter valued at $34,000. Quest Partners LLC purchased a new position in Dorman Products during the second quarter worth $37,000. Mather Group LLC. acquired a new position in shares of Dorman Products in the first quarter worth $48,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Dorman Products in the second quarter valued at $66,000. Institutional investors and hedge funds own 84.70% of the company’s stock.

Dorman Products Stock Performance

Shares of DORM opened at $108.99 on Monday. Dorman Products, Inc. has a 1 year low of $60.01 and a 1 year high of $114.51. The company’s 50 day simple moving average is $102.27 and its 200 day simple moving average is $95.31. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 21.93 and a beta of 0.83. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.19 and a current ratio of 2.40.

Dorman Products (NASDAQ:DORM) last issued its quarterly earnings results on Thursday, August 1st. The auto parts company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.48. The company had revenue of $502.95 million for the quarter, compared to analyst estimates of $497.46 million. Dorman Products had a return on equity of 15.97% and a net margin of 8.75%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.01 EPS. On average, sell-side analysts predict that Dorman Products, Inc. will post 6.15 EPS for the current year.

Analyst Ratings Changes

Separately, Roth Mkm reiterated a “buy” rating and set a $116.00 price objective on shares of Dorman Products in a research report on Friday, June 14th.

Insiders Place Their Bets

In related news, SVP Jeffery Darby sold 1,400 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $104.98, for a total value of $146,972.00. Following the sale, the senior vice president now directly owns 23,671 shares of the company’s stock, valued at $2,484,981.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders have sold 4,200 shares of company stock valued at $445,116. Insiders own 10.00% of the company’s stock.

Dorman Products Company 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.