Steven L. Berman, a director at Dorman Merchandise , Inc. (NASDAQ:), a $3.95 billion auto components producer whose inventory has surged 61.83% over the previous yr, has lately bought shares of the corporate, in response to a submitting with the Securities and Alternate Fee. On January 15 and 16, Berman bought a complete of 5,119 shares of Dorman Merchandise’ frequent inventory. The transactions have been executed at costs starting from $128.593 to $130.1093 per share, accumulating a complete worth of $660,801.
Following these transactions, Berman retains direct possession of 825,922 shares within the firm. Moreover, he holds 100,000 shares not directly via a belief and 24,769 shares by way of a 401(ok) plan. In accordance with InvestingPro, Dorman Merchandise maintains a GREAT monetary well being rating, with robust liquidity and average debt ranges.
These gross sales have been made below a pre-arranged buying and selling plan, as indicated within the submitting. The inventory has proven sturdy momentum with a 27.09% achieve over the previous six months, although InvestingPro evaluation suggests the shares are at present buying and selling barely above their Truthful Worth.
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