Joseph Edwin Ferguson Buys 2,495 Shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA) Stock

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Director Joseph Edwin Ferguson bought 2,495 shares of the company’s stock in a transaction on Thursday, June 13th. The stock was bought at an average cost of $4.95 per share, with a total value of $12,350.25. Following the completion of the purchase, the director now owns 31,830 shares of the company’s stock, valued at approximately $157,558.50. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Motorcar Parts of America Trading Up 2.9 %

Shares of NASDAQ:MPAA traded up $0.16 during trading on Monday, hitting $5.74. 93,314 shares of the company’s stock were exchanged, compared to its average volume of 88,069. Motorcar Parts of America, Inc. has a 1-year low of $4.36 and a 1-year high of $10.40. The firm has a 50-day moving average price of $5.45 and a two-hundred day moving average price of $7.74. The company has a current ratio of 1.39, a quick ratio of 0.40 and a debt-to-equity ratio of 0.11. The firm has a market cap of $112.85 million, a P/E ratio of -2.03 and a beta of 1.45.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Motorcar Parts of America from a “buy” rating to a “hold” rating in a research note on Thursday.

Institutional Investors Weigh In On Motorcar Parts of America

Several institutional investors have recently modified their holdings of the business. Private Capital Management LLC grew its holdings in Motorcar Parts of America by 10.0% during the fourth quarter. Private Capital Management LLC now owns 2,665,755 shares of the auto parts company’s stock valued at $24,898,000 after purchasing an additional 241,507 shares during the period. Azarias Capital Management L.P. grew its holdings in 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 valued at $11,319,000 after purchasing an additional 30,855 shares during the period. Vanguard Group Inc. grew its holdings in 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 valued at $6,891,000 after purchasing an additional 13,953 shares during the period. Pacific Ridge Capital Partners LLC grew its holdings in Motorcar Parts of America by 3.3% during the first quarter. Pacific Ridge Capital Partners LLC now owns 842,557 shares of the auto parts company’s stock valued at $6,774,000 after purchasing an additional 27,082 shares during the period. Finally, Cove Street Capital LLC grew its holdings in Motorcar Parts of America by 8.3% during the fourth quarter. Cove Street Capital LLC now owns 758,587 shares of the auto parts company’s stock valued at $7,085,000 after purchasing an additional 58,220 shares during the period. Institutional investors and hedge funds 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.