On November 26, 2024, David Bryan, a Director at Motorcar Parts of America Inc (MPAA, Financial), purchased 2,000 shares of the company. Following this transaction, the insider now owns a total of 54,354 shares. The purchase was documented in an SEC Filing.
Motorcar Parts of America Inc is a company engaged in the manufacturing, remanufacturing, and distribution of automotive aftermarket parts. The company provides products such as alternators, starters, and wheel hub assemblies, serving both the retail and professional markets.
The insider's recent acquisition is part of a broader trend observed over the past year, where David Bryan has purchased a total of 4,700 shares and has not sold any shares. This activity aligns with the overall insider transaction history for Motorcar Parts of America Inc, which shows 18 insider buys and 2 insider sells over the past year.
On the day of the recent purchase, shares of Motorcar Parts of America Inc were trading at $6.83, resulting in a market cap of $137.771 million. The stock's GF Value is estimated at $9.85, giving it a price-to-GF-Value ratio of 0.69. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company’s past returns and growth, along with future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
