Motorcar Parts of America, Inc. (NASDAQ:MPAA) Director Patricia W. Warfield Acquires 2,000 Shares

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Director Patricia W. Warfield purchased 2,000 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The stock was acquired at an average price of $7.87 per share, for a total transaction of $15,740.00. Following the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $15,740. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Motorcar Parts of America Trading Up 0.4 %

NASDAQ MPAA opened at $8.04 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.39 and a current ratio of 1.40. Motorcar Parts of America, Inc. has a one year low of $4.26 and a one year high of $10.40. The company’s 50 day moving average price is $9.02 and its 200 day moving average price is $8.64.

Motorcar Parts of America (NASDAQ:MPAA) last issued its quarterly earnings data on Friday, February 9th. The auto parts company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.36). Motorcar Parts of America had a negative net margin of 6.80% and a negative return on equity of 0.14%. The firm had revenue of $171.86 million during the quarter, compared to analyst estimates of $182.20 million. As a group, equities research analysts forecast that Motorcar Parts of America, Inc. will post 0.18 earnings per share for the current fiscal year.

Institutional Trading of Motorcar Parts of America

A number of hedge funds have recently made changes to their positions in the stock. Private Capital Management LLC grew its position in shares of Motorcar Parts of America by 42.2% during the second quarter. Private Capital Management LLC now owns 2,459,853 shares of the auto parts company’s stock worth $19,039,000 after buying an additional 730,543 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Motorcar Parts of America by 0.5% during the third quarter. Vanguard Group Inc. now owns 1,231,555 shares of the auto parts company’s stock worth $18,744,000 after buying an additional 6,395 shares in the last quarter. Azarias Capital Management L.P. grew its position in shares of Motorcar Parts of America by 2.6% during the fourth quarter. Azarias Capital Management L.P. now owns 1,211,910 shares of the auto parts company’s stock worth $11,319,000 after buying an additional 30,855 shares in the last quarter. Tieton Capital Management LLC grew its position in shares of Motorcar Parts of America by 79.5% during the second quarter. Tieton Capital Management LLC now owns 1,040,899 shares of the auto parts company’s stock worth $8,057,000 after buying an additional 461,035 shares in the last quarter. Finally, RBF Capital LLC acquired a new stake in shares of Motorcar Parts of America during the second quarter worth approximately $6,486,000. Institutional investors and hedge funds own 83.48% of the company’s stock.

Motorcar Parts of America Company Profile

Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.