Are Analysts Bearish Motorcar Parts of America, Inc. (NASDAQ:MPAA) After Last Week?

June 13, 2018 - By Margaret Downey

Motorcar Parts of America, Inc. (NASDAQ:MPAA) LogoInvestors sentiment decreased to 1.13 in Q1 2018. Its down 0.47, from 1.6 in 2017Q4. It turned negative, as 25 investors sold Motorcar Parts of America, Inc. shares while 27 reduced holdings. 16 funds opened positions while 43 raised stakes. 19.22 million shares or 2.75% less from 19.76 million shares in 2017Q4 were reported.
Arizona State Retirement System reported 30,054 shares or 0.01% of all its holdings. Sg Capital Limited Liability Co stated it has 0.82% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Pnc Fin Group has invested 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Blackrock has 0% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA). First Advsrs Lp accumulated 0% or 18,321 shares. State Board Of Administration Of Florida Retirement owns 12,266 shares for 0% of their portfolio. Waddell & Reed holds 0.01% or 244,000 shares in its portfolio. Granite Investment Prns Limited Liability Company accumulated 19,621 shares or 0.03% of the stock. Parametric Port Associates Limited Liability has 15,854 shares. State Of New Jersey Common Pension Fund D reported 0.01% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Legal & General Grp Inc Plc reported 35,315 shares. Earnest Ptnrs Ltd Liability Com invested in 0% or 1,700 shares. Thompson Davis holds 250 shares. Granite Point Capital Mgmt Lp has invested 0.25% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Principal Financial Gp holds 0% or 146,199 shares.

Since February 12, 2018, it had 6 insider purchases, and 0 insider sales for $171,459 activity. 750 Motorcar Parts of America, Inc. (NASDAQ:MPAA) shares with value of $15,750 were bought by Ferguson Joseph Edwin. $105,000 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) was bought by SELWYN JOFFE on Monday, February 12. Shares for $9,970 were bought by VARGO TIMOTHY D. $10,017 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) was bought by Bryan David on Monday, February 12. Another trade for 1,000 shares valued at $21,086 was made by Mirvis Jeffrey P on Monday, February 12.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Ratings Coverage

Among 2 analysts covering Motorcar Parts Of America (NASDAQ:MPAA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts Of America had 2 analyst reports since February 9, 2018 according to SRatingsIntel. FBR Capital maintained it with “Buy” rating and $39.0 target in Friday, February 9 report. The firm earned “Buy” rating on Monday, February 12 by Roth Capital. Below is a list of Motorcar Parts of America, Inc. (NASDAQ:MPAA) latest ratings and price target changes.

12/02/2018 Broker: Roth Capital Rating: Buy New Target: $26.0 Maintain
09/02/2018 Broker: FBR Capital Rating: Buy New Target: $39.0 Maintain

The stock decreased 2.62% or $0.56 during the last trading session, reaching $20.84. About 139,329 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has declined 28.45% since June 13, 2017 and is downtrending. It has underperformed by 41.02% the S&P500.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $397.50 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It has a 23.93 P/E ratio. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

More news for Motorcar Parts of America, Inc. (NASDAQ:MPAA) were recently published by: Globenewswire.com, which released: “Motorcar Parts of America Announces Increased Credit Facility” on June 07, 2018. Globenewswire.com‘s article titled: “Analysis: Positioning to Benefit within Anavex Life Sciences, Varonis, Motorcar Parts of America, Minerals …” and published on May 22, 2018 is yet another important article.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Institutional Positions Chart

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