Dorman merchandise director Steven L. Berman sells shares price $35,197

Steven L. Berman, a director at Dorman Merchandise , Inc. (NASDAQ:DORM), has just lately offered a portion of his holdings within the firm. In keeping with a current submitting, Berman offered 285 shares of frequent inventory on January 10, 2025. The shares had been offered at a weighted common value of roughly $123.50, leading to a complete transaction worth of $35,197. The transaction value aligns carefully with InvestingPro‘s Honest Worth evaluation, suggesting the inventory is presently pretty valued. The corporate, with a market capitalization of $3.76 billion, has demonstrated sturdy efficiency with a 52.51% return over the previous yr.

Following this sale, Berman holds 833,527 shares immediately. Moreover, he has oblique possession of 100,000 shares held in a belief for his grandchildren and 24,769 shares by a 401(okay) retirement plan, as reported within the submitting. InvestingPro information reveals the corporate maintains sturdy monetary well being with a wholesome present ratio of two.34 and trades at a P/E ratio of 20.57. Subscribers can entry 8 extra InvestingPro Ideas for deeper insights into DORM’s monetary outlook.

The transaction was carried out below a pre-arranged 10b5-1 buying and selling plan, as indicated within the submitting. One of these plan permits insiders to arrange a predetermined schedule for promoting shares to keep away from potential conflicts of curiosity.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.