China smartphone shipments slumped in June on inventory overhang: Jefferies
Donna M. Long, Senior Vice President and Chief Information Officer at Dorman Products , Inc. (NASDAQ:DORM), executed a series of stock sales on March 6, 2025, totaling $96,742. The transactions involved selling shares at prices ranging from $129.0572 to $133.0514. Following these sales, Long holds approximately 19,893 shares of the company. The automotive parts manufacturer, currently valued at $3.83 billion, maintains strong financial health according to InvestingPro metrics, with liquid assets exceeding short-term obligations and operating with moderate debt levels.
The sales were conducted in multiple transactions, with individual prices varying within the stated range. This activity is part of routine financial management by company executives, providing insights into the trading patterns of Dorman Products’ leadership.
In other recent news, Dorman Products Inc. reported a strong financial performance for the fourth quarter of 2024, surpassing market expectations. The company achieved an adjusted diluted earnings per share (EPS) of $2.20, exceeding the forecasted $1.89, and reported revenue of $533.77 million, surpassing the anticipated $519.59 million. This marks the first time Dorman’s annual sales have exceeded $2 billion. The company anticipates net sales growth of 3-5% for 2025, with an expected adjusted diluted EPS range of $7.55 to $7.85, indicating a 6-10% growth. Analysts have shown confidence in Dorman’s performance, reflected in the company’s strategic focus on innovation and market adaptation. The firm has also made significant strides in diversifying its supply chain, which is expected to mitigate potential impacts from tariffs. Dorman’s operational excellence and innovation strategy continue to drive its market success, with a strong outlook for 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.