Dorman Products, Inc. (DORM) Files Form 4 Insider Selling : Michael Kealey Sells 2,710 Shares

Dorman Products, Inc. (DORM): Michael Kealey , SVP, Product of Dorman Products, Inc. sold 2,710 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $54.28 per share for a total value of $147,098.80 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Edgar W Levin (director) sold 2,750 shares at $54.91 per share price.On May 19, 2016, Paul R Lederer (director) sold 3,750 shares at $53.00 per share price.Also, On Feb 29, 2016, Matthew S Kohnke (other) sold 2,500 shares at $50.94 per share price.

Dorman Products: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Dorman Products which led to swings in the share price. The shares opened for trading at $53.74 and hit $54.83 on the upside , eventually ending the session at $54, with a gain of 1.07% or 0.57 points. The heightened volatility saw the trading volume jump to 1,30,181 shares. The 52-week high of the share price is $56.7305 and the company has a market cap of $1,876 M . The 52-week low of the share price is at $40.17.

Dorman Products Money Flow Index Chart

Dorman Products Inc. (Dorman) is a supplier of replacement parts and fasteners for passenger cars light trucks and heavy duty trucks in the automotive aftermarket. The Company distributes and markets approximately 140000 different stock keeping units (SKU’s) of automotive replacement parts and fasteners. Approximately 85% of the Company’s products are sold under brands that it owns and the remainders of its products are sold for resale under customers’ private labels other brands or in bulk. The Company also generates revenues from the sale of parts that it packages for sale in bulk or under the private labels of parts manufacturers and national warehouse distributors. The Company groups its products into four classes: power-train automotive body chassis and hardware. Its sub-brands include DORMAN OE Solutions DORMAN HELP! DORMAN TECHoice DORMAN AutoGrade DORMAN Conduct-Tite! DORMAN FirstStop and DORMAN HD Solutions.

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