Dorman Merchandise director sells shares price $686,100

Steven L. Berman, a director at Dorman Merchandise , Inc. (NASDAQ:DORM), has just lately bought shares of the corporate, in accordance with a latest SEC submitting. On January 22 and January 23, Berman bought a complete of 5,266 shares of Dorman Merchandise’ frequent inventory. The transactions had been performed at costs starting from $130.0163 to $130.5612 per share, leading to a complete worth of roughly $686,100. The sale comes as the corporate’s inventory has proven outstanding energy, with a 53.7% return over the previous yr and at present buying and selling close to its 52-week excessive of $146.60. In response to InvestingPro evaluation, the corporate maintains a GREAT monetary well being rating.

Following these gross sales, Berman retains possession of 814,339 shares straight. Moreover, he holds 100,000 shares not directly by a belief and 24,769 shares by the corporate’s 401(okay) plan. Berman’s involvement with the corporate continues as he stays a member of the board of administrators. With a market capitalization of $4.05 billion and a P/E ratio of twenty-two.09, InvestingPro subscribers can entry 8 extra key insights about Dorman Merchandise’ valuation and progress prospects.

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