Burlingame Glenn Daniel Adds to MPAA Holdings
VP Glenn Daniel bought 13,465 shares of MPAA, boosting insider ownership.
Key Points
- On June 19, 2026, Burlingame Glenn Daniel, VP at MPAA, purchased 13,465 shares of the company.
- Shares of MPAA traded at $15.12 on Wednesday, with institutional investors like PRIVATE CAPITAL MANAGEMENT and DIMENSIONAL FUND ADVISORS LP increasing their stakes.
- Analysts such as Oppenheimer and Freedom Capital Markets have initiated buy ratings for MPAA with price targets of $18 and $20, respectively.
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Burlingame Glenn Daniel, Vice President and General Counsel at MPAA, bought 13,465 shares of the company on June 19, 2026. This insider purchase underscores confidence in the company's prospects. The shares traded at $15.12 on Wednesday.
Other Institutional Activity in MPAA
Several institutional investors have also adjusted their positions in MPAA. PRIVATE CAPITAL MANAGEMENT, LLC increased its holdings by 60,271 shares, bringing its total to approximately 2.3 million shares valued at $25.4 million. DIMENSIONAL FUND ADVISORS LP added 57,191 shares, reaching a total of about 1.1 million shares worth $12.5 million, marking a 5.3% increase. Conversely, BLACKROCK, INC. trimmed its position by 12,164 shares, now holding 986,765 shares valued at $10.9 million, a slight decrease of 1.2%. Meanwhile, VANGUARD CAPITAL MANAGEMENT LLC opened a new position with 783,750 shares valued at approximately $8.7 million.
Insider Buying and Selling at Motorcar Parts of America, Inc.
In addition to Burlingame Glenn Daniel's purchase, there were other notable insider transactions at MPAA. On June 21, 2026, Juliet Lynn Stone, another Vice President and General Counsel, traded shares twice on the same day, selling 3,717 shares and then buying the same amount. Chief Manufacturing Officer Douglas Earl Schooner bought 2,169 shares and sold the same amount on the same day. Meanwhile, Chief Accounting Officer Kamlesh Shah sold 2,789 shares, and CFO David Sung Lee sold 5,577 shares.
Analysts Set New Price Targets
Analysts are showing positive sentiment towards MPAA. On March 6, 2026, Oppenheimer initiated coverage with a buy rating and set a price target of $18. Freedom Capital Markets also initiated a buy rating earlier on December 12, 2025, with a target of $20. Roth MKM maintained its buy rating from February 13, 2024, with a target of $14, while Roth Capital maintained a target of $16 from February 14, 2023.
Bottom Line
The recent insider buying by Burlingame Glenn Daniel, along with institutional interest, suggests confidence in MPAA's future. Insider trades can be a signal of optimism from those closest to the company, though they are not definitive indicators of stock performance. Meanwhile, analysts' buy ratings and favorable price targets reflect a positive outlook. As always, it's important to remember that these insights are based on past filings and may not represent the current situation.
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