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

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Director Patricia W. Warfield purchased 2,000 shares of the firm’s stock in a transaction dated Monday, March 25th. The shares were acquired at an average cost of $7.87 per share, with a total value of $15,740.00. Following the completion of the purchase, the director now directly owns 2,000 shares in the company, valued at $15,740. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Motorcar Parts of America Price Performance

Shares of NASDAQ:MPAA opened at $8.04 on Thursday. Motorcar Parts of America, Inc. has a 1 year low of $4.26 and a 1 year high of $10.40. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.40 and a quick ratio of 0.39. The company’s 50 day simple moving average is $9.00 and its 200 day simple moving average is $8.64.

Motorcar Parts of America (NASDAQ:MPAA) last posted its quarterly earnings data on Friday, February 9th. The auto parts company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.36). The company had revenue of $171.86 million during the quarter, compared to analyst estimates of $182.20 million. Motorcar Parts of America had a negative return on equity of 0.14% and a negative net margin of 6.80%. Analysts anticipate 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

Several hedge funds have recently modified their holdings of MPAA. Goldman Sachs Group Inc. increased its stake in Motorcar Parts of America by 65.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 20,940 shares of the auto parts company’s stock valued at $196,000 after purchasing an additional 8,275 shares in the last quarter. Sierra Summit Advisors LLC bought a new position in Motorcar Parts of America in the fourth quarter worth approximately $139,000. GSA Capital Partners LLP grew its position in Motorcar Parts of America by 7.9% in the 4th quarter. GSA Capital Partners LLP now owns 190,327 shares of the auto parts company’s stock valued at $1,778,000 after purchasing an additional 13,991 shares during the period. Barclays PLC increased its stake in Motorcar Parts of America by 163.0% during the 4th quarter. Barclays PLC now owns 38,182 shares of the auto parts company’s stock valued at $357,000 after purchasing an additional 23,664 shares in the last quarter. Finally, Oracle Alpha Inc. acquired a new position in Motorcar Parts of America during the fourth quarter worth $139,000. Institutional investors own 83.48% of the company’s stock.

About Motorcar Parts of America

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.