2 weeks Ago By Defense World Staff
American Century Companies Inc. raised its stake in Motorcar Parts of America, Inc. ( NASDAQ:MPAA – Free Report ) by 2.
2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 209,443 shares of the auto parts company’s stock after acquiring an additional 4,595 shares during the quarter. American Century Companies Inc.
owned about 1.07% of Motorcar Parts of America worth $1,292,000 at the end of the most recent reporting period. Several other large investors have also recently bought and sold shares of MPAA.
Private Capital Management LLC grew its position in shares of Motorcar Parts of America by 6.6% in the first quarter. Private Capital Management LLC now owns 2,842,726 shares of the auto parts company’s stock valued at $22,856,000 after purchasing an additional 176,971 shares during the last quarter.
Acadian Asset Management LLC grew its holdings in Motorcar Parts of America by 9.9% in the 1st quarter. Acadian Asset Management LLC now owns 200,084 shares of the auto parts company’s stock valued at $1,607,000 after buying an additional 18,001 shares in the last quarter.
Sierra Summit Advisors LLC bought a new position in Motorcar Parts of America during the 4th quarter worth $139,000. Vanguard Group Inc. lifted its holdings in shares of Motorcar Parts of America by 1.
7% during the first quarter. Vanguard Group Inc. now owns 857,108 shares of the auto parts company’s stock worth $6,891,000 after buying an additional 13,953 shares in the last quarter.
Finally, State Board of Administration of Florida Retirement System acquired a new stake in shares of Motorcar Parts of America during the first quarter worth $90,000. 83.48% of the stock is owned by institutional investors.
Insider Buying and Selling In related news, major shareholder 325 Capital Llc purchased 16,608 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was acquired at an average price of $6.73 per share, with a total value of $111,771.
84. Following the completion of the purchase, the insider now directly owns 1,984,990 shares in the company, valued at $13,358,982.70.
The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . 6.80% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth Get Our Latest Stock Analysis on MPAA Motorcar Parts of America Stock Up 11.3 % Shares of MPAA opened at $7.39 on Tuesday.
The company has a current ratio of 1.38, a quick ratio of 0.35 and a debt-to-equity ratio of 0.
12. Motorcar Parts of America, Inc. has a 12 month low of $4.
36 and a 12 month high of $10.40. The firm’s 50 day moving average is $6.
19 and its 200-day moving average is $6.13. The stock has a market capitalization of $145.
30 million, a PE ratio of -2.81 and a beta of 1.41.
Motorcar Parts of America ( NASDAQ:MPAA – Get Free Report ) last issued its quarterly earnings results on Thursday, August 8th. The auto parts company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
02 by ($0.39). The company had revenue of $169.
89 million for the quarter, compared to analyst estimates of $172.50 million. Motorcar Parts of America had a negative return on equity of 0.
93% and a negative net margin of 9.06%. Equities research analysts forecast that Motorcar Parts of America, Inc.
will post 0.35 EPS for the current year. Motorcar Parts of America Company Profile ( Free Report ) 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. Read More Five stocks we like better than Motorcar Parts of America Investing in Construction Stocks TJX Stock: A Buying Opportunity Before the Holiday Rush What is MarketRankTM? How to Use it Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge 3 Healthcare Dividend Stocks to Buy Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding MPAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorcar Parts of America, Inc.
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