Recent Insider Activity: Motorcar Parts of America, Inc. $MPAA

Motorcar Parts of America, Inc. (MPAA) insider have most recently took part in a trading activity. On Jun 20, 2017 Bryan David, Director bought 165 shares having total worth of $4,455 at the price of $27 per share, following the transaction a total of 1,853 shares owned by Bryan David. Before this latest buy, Bryan David purchased MPAA at 1 other times during the past twelve months, for a total investment of $2,994 at an average of $29.94 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 2 sell activities and 2 buy trades. Furthermore, over the past 12 months , the stock was traded 10 times by insiders. In 7 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 2 5.85%
12 Month 3 7 -14.52%

Shares of Motorcar Parts of America, Inc. (MPAA) traded up 0.36% on Jun 21, 2017, hitting $27.5. 91,507 shares of the company’s stock traded hands. Motorcar Parts of America, Inc. has a 52 week low of $23.47 and a 52 week high of $38.32. The company’s market cap is $531 million.

Motorcar Parts of America, Inc. (MPAA) last announced its earnings results on Jun 14, 2017. The company reported 0.58 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.60 by $0.02. The company had revenue of $114 million for the quarter, compared to the consensus estimate of $114 million. During the same quarter in the previous year, the company posted 0.50 earnings per share. The company’s revenue for the quarter was up 13% on a year-over-year basis.

2017-06-14 2017-02-09 2016-11-09 2016-08-09 2016-06-14 2016-02-09 2015-11-09 2015-08-10 2015-06-15 2015-02-09
earnings per share 0.58 0.60 0.64 0.52 0.50 0.52 0.62 0.44 0.53 0.43
Revenue(M) 114.41 112.85 112.38 93.82 100.94 94.02 101.75 86.62 90.9 85.05

Motorcar Parts of America, Inc., is a manufacturer, remanufacturer, and distributor of aftermarket automobile parts. It has two reportable segments, rotating electrical and undercar product line. Within the rotating electrical segment, it manufactures and remanufactures alternators and starters for import and domestic cars, light trucks, heavy duty, agricultural and industrial applications. Within the undercar product line segment, Fenco (as defined herein) remanufactures and distributes new and remanufactured steering components including rack and pinion, pumps and gears, brake calipers, master cylinders, and hub assembly and bearings for virtually all passenger and truck vehicles. The aftermarket for automobile parts is divided into two markets. The first market is the do-it-yourself (‘DIY’) market, which is generally serviced by the large retail chain outlets. Consumers who purchase parts from the DIY channel generally install parts into their vehicles themselves. The second market is the professional installer market, commonly known as the DIFM market. This market is serviced by the traditional warehouse distributors, the dealer networks, and the commercial divisions of retail chains. Generally, the consumer in this channel is a professional parts installer. Its products are distributed to both the DIY and DIFM markets and are distributed predominantly throughout North America. The Company sells its products to the largest auto parts retail and traditional warehouse chains and to major automobile manufacturers for both their aftermarket programs and their warranty replacement programs (‘OES’). The Company’s products are sold under its Quality-Built, Xtreme, Reliance and other brand names. It competes with several large and medium sized remanufacturers and a large number of smaller regional and specialty remanufacturers. The Company’s operations are subject to federal, state and local laws and regulations governing, among other things, emissions to air, discharge to waters, and the generation, handling, storage, transportation, treatment and disposal of waste and other materials.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.