CFO Lee David Sung Buys Shares of MPAA
Lee David Sung, MPAA's CFO, purchased 10,904 shares, spotlighting insider activity.
Key Points
- Lee David Sung, CFO of MPAA, bought 10,904 shares on June 20, 2026, highlighting insider activity.
- Shares of MPAA traded near $15.12 on Wednesday, with key peer funds adjusting their holdings.
- Analysts from Oppenheimer and Freedom Capital Markets recently set new price targets for MPAA.
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Lee David Sung, the Chief Financial Officer of MPAA, purchased 10,904 shares of the company on June 20, 2026. This insider buying activity comes amid various institutional movements in the stock, as reflected in recent filings.
Insider Buying and Selling at Motorcar Parts of America, Inc.
In addition to Lee David Sung's purchase, several other insiders were active around the same time. Juliet Lynn Stone, the Vice President, General Counsel, and Secretary, bought 3,717 shares on June 21, 2026, while also selling the same amount. Douglas Earl Schooner, Chief Manufacturing Officer, bought and sold 2,169 shares on the same day. Kamlesh Shah, the Chief Accounting Officer, sold 2,789 shares.
Other Institutional Activity in MPAA
Several institutional investors have adjusted their positions in MPAA. Private Capital Management, LLC increased its holdings by 60,271 shares, reaching a total of about 2.3 million shares worth $25.4 million, a 2.7% increase. Donald Smith & Co., Inc. added 299,755 shares, growing its stake by 31.2% to over 1.26 million shares valued at $13.9 million. Dimensional Fund Advisors LP also increased its holdings by 57,191 shares, a 5.3% rise, ending with about 1.13 million shares worth $12.5 million. Meanwhile, BlackRock, Inc. slightly reduced its position by 12,164 shares, holding nearly 987,000 shares valued at $10.9 million. Vanguard Capital Management LLC opened a new position with 783,750 shares valued at approximately $8.7 million.
Analysts Set New Price Targets
Analysts have recently set new price targets for MPAA. On March 6, 2026, Oppenheimer initiated coverage with a "buy" rating and an $18.00 price target. Earlier, on December 12, 2025, Freedom Capital Markets also initiated coverage with a "buy" rating and a $20.00 target. Roth MKM maintained its "buy" rating with a $14.00 target on February 13, 2024, while Roth Capital maintained a "buy" rating with a $16.00 target on February 14, 2023.
Bottom Line
Lee David Sung's recent purchase of MPAA shares highlights ongoing insider activity in the company. Institutional investors are actively adjusting their positions, and analysts have set new price targets, reflecting varied perspectives on MPAA's potential. While insider transactions and institutional movements provide insights, they represent past actions and may not indicate future performance.
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