Today it was reported that the SVP Sales & Mkt of Dorman Products (DORM), Jeffery Darby, exercised options to buy 2,546 DORM shares at $41.59 a share, for a total transaction value of $105.9K.
This recent transaction increases Jeffery Darby’s holding in the company by 15.97% to a total of $1.63 million. Following Jeffery Darby’s last DORM Buy transaction on June 08, 2020, the stock climbed by 8.8%.
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The company has a one-year high of $97.42 and a one-year low of $44.49. DORM’s market cap is $2.85 billion and the company has a P/E ratio of 37.10. Currently, Dorman Products has an average volume of 295.74K.
Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $78.50, reflecting a 11.0% upside.
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Dorman Products, Inc. engages in the supply of automotive replacement parts, fasteners, and service line products for the automotive aftermarket. Its products comprise of power-train, automotive body, chassis, and hardware. The company was founded by Steven L. Berman and Richard N. Berman in October 1978 and is headquartered in Colmar, PA.
