Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dorman Products Inc shares valued at $4,566,960 were purchased by BERMAN MARC H on Mar 17 ’25. At $126.86 per share, BERMAN MARC H acquired 36,000 shares.
Also, BERMAN STEVEN L purchased 72,000 shares, netting a total of over 9,133,920 in proceeds.
Before that, Long Donna M. had sold 742 shares from its account. In a trade valued at $96,742, the SVP, CIO traded Dorman Products Inc shares for $130.38 each. Upon closing the transaction, the insider’s holdings decreased to 742 shares, worth approximately $2.21 million.
As published in their initiating research note from CJS Securities on September 13, 2024, Dorman Products Inc [DORM] has been a Market outperform and the price target has been revised to $134. Analysts at MKM Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in mid May. As of February 22, 2022, Barrington Research has increased its “Mkt perform” rating to a “an Outperform” for DORM. Earlier on March 19, 2020, CL King upgraded its rating. Their new recommendation was “a Buy” for DORM stock which previously was a “a Neutral”.
Analyzing DORM Stock Performance
During the last five days, there has been a drop of approximately -2.36%. Over the course of the year, Dorman Products Inc shares have dropped approximately -14.18%. Shares of the company reached a 52-week high of $135.68 on 03/05/25 and a 52-week low of $109.43 on 04/11/25. A 50-day SMA is recorded $123.52, while a 200-day SMA reached $119.94.
Support And Resistance Levels for Dorman Products Inc (DORM)
According to the 24-hour chart, there is a support level at 110.22, which, if violated, would cause prices to drop to 109.26. In the upper region, resistance lies at 112.44. The next price resistance is at 113.71. RSI (Relative Strength Index) is 35.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.13, which suggests the price will decrease in the coming days. Percent R is at 89.04%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
