PEAK6 Investments LLC Invests $1.52 Million in Dorman Products, Inc. (NASDAQ:DORM)

PEAK6 Investments LLC acquired a new position in shares of Dorman Products, Inc. (NASDAQ:DORMFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,205 shares of the auto parts company’s stock, valued at approximately $1,518,000. PEAK6 Investments LLC owned about 0.06% of Dorman Products as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Victory Capital Management Inc. grew its holdings in shares of Dorman Products by 26.2% during the third quarter. Victory Capital Management Inc. now owns 12,200 shares of the auto parts company’s stock worth $924,000 after purchasing an additional 2,536 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Dorman Products during the third quarter worth $254,000. New York State Common Retirement Fund grew its stake in shares of Dorman Products by 7.9% in the third quarter. New York State Common Retirement Fund now owns 20,462 shares of the auto parts company’s stock worth $1,550,000 after purchasing an additional 1,495 shares during the last quarter. Quantbot Technologies LP grew its stake in shares of Dorman Products by 17.5% in the third quarter. Quantbot Technologies LP now owns 1,375 shares of the auto parts company’s stock worth $104,000 after purchasing an additional 205 shares during the last quarter. Finally, Swiss National Bank increased its holdings in Dorman Products by 0.9% in the third quarter. Swiss National Bank now owns 58,800 shares of the auto parts company’s stock valued at $4,455,000 after purchasing an additional 500 shares during the period. 84.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dorman Products

In other news, SVP Donna M. Long sold 500 shares of the firm’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $92.06, for a total value of $46,030.00. Following the completion of the sale, the senior vice president now directly owns 20,126 shares in the company, valued at approximately $1,852,799.56. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 10.00% of the company’s stock.

Dorman Products Trading Down 0.5 %

NASDAQ DORM opened at $89.81 on Tuesday. The stock has a market capitalization of $2.79 billion, a P/E ratio of 18.07 and a beta of 0.83. The business has a 50 day simple moving average of $91.52 and a 200 day simple moving average of $86.54. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.50 and a quick ratio of 1.17. Dorman Products, Inc. has a one year low of $60.01 and a one year high of $98.55.

Dorman Products (NASDAQ:DORMGet Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The auto parts company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.82 by $0.49. Dorman Products had a net margin of 8.10% and a return on equity of 14.61%. The company had revenue of $468.70 million during the quarter, compared to the consensus estimate of $472.35 million. During the same quarter last year, the firm posted $0.56 EPS. The company’s quarterly revenue was up .4% on a year-over-year basis. Research analysts expect that Dorman Products, Inc. will post 5.64 earnings per share for the current year.

Analyst Ratings Changes

DORM has been the topic of a number of analyst reports. TheStreet upgraded Dorman Products from a “c+” rating to a “b” rating in a research report on Wednesday, March 20th. Barrington Research reiterated an “outperform” rating and issued a $90.00 target price on shares of Dorman Products in a report on Tuesday, February 27th. StockNews.com upgraded shares of Dorman Products from a “hold” rating to a “buy” rating in a report on Thursday, March 7th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $116.00 price objective on shares of Dorman Products in a research note on Monday, March 25th.

View Our Latest Analysis on Dorman Products

Dorman Products Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dorman Products (NASDAQ:DORM)

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