CEO, 10% Owner of Dorman Products Inc. (
) Steven L. Berman sold 128,991 shares on 06/28/2012 at an
average price of $23.48. The total transaction amount was
$3,028,709. R&B, Inc. is a supplier of OE Dealer `Exclusive`
automotive replacement parts, automotive hardware, brake
products, and household hardware to the Automotive Aftermarket
and Mass Merchandise markets. Dorman Products Inc. has a market
cap of $837.9 million; its shares were traded at around $25.05
with a P/E ratio of 14.5 and P/S ratio of 1.6. Dorman Products
Inc. had an annual average earnings growth of 13.4% over the past
10 years. GuruFocus rated Dorman Products Inc.
the business predictability rank of 4-star
Steven Berman has been the CEO and Chairman of DORM since January
2011. Mr. Berman served as COO of Dorman Products from 2007 until
2011. From 1978 until 2011, Steven Berman has served as Secretary
and Treasurer of the company, as well as its executive VP. He has
been a director since 2007.
CEO Steven Berman has been consistently selling off shares of
DORM since 6/19/2012. In all throughout the past two weeks, he
sold off about 400,000 shares of the company. Additionally,
Dorman Products CFO Matthew Kohnke also sold off 4,000 shares of
DORM stock on 5/17/2012 at an average price of $25.72. Other
directors have also decreased their positions in the company,
including the co-president of Dorman Products Inc.
Several gurus also have stakes in DORM.
owns 12,000 shares as of 03/31/2012, which accounts for 0.11% of
the $565 million portfolio of Olstein Financial Alert Fund.
sold out his holdings in the quarter that ended on 03/31/2012.
The company's average annual revenue growth for the past 10 years
was 9.2%. In the last 12 months, revenue growth was 11.4%.
Earnings per share have seen relatively consistent gains within
the past 10 years. DORM holds $50.19 million in cash and has no
long-term debt. In 2010, DORM issued $0.8 million worth of new
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