Dorman Products Executives To Sell Shares, Stock Falls 8.6% (DORM)

Shares of Dorman Products, Inc.

are trading down 8.6% at $40.62 per share during the Monday afternoon trading session. The company announced early on Monday that some of its senior executives had entered into trading plans to sell hundreds of thousands of their shares. The day's trading range for shares of Dorman Products, Inc has been between $39.85 and $44.94 per share. Analysts covering Dorman Products, Inc. (

) stock give it a consensus price target of $42.00 per share. Trading volume for Dorman Products, Inc has been much heavier than usual, with 305,000 shares traded so far today, more than triple the daily average volume of 97,000 shares. Dorman Products, Inc. is a leading supplier of Dealer "Exclusive" automotive replacement parts, automotive hardware, brake products, and household hardware to the Automotive Aftermarket and Mass Merchandise markets. Read more