Insider Deal: Duane Miller Acquired 400 Shares of Motorcar Parts of America, Inc. (MPAA); WRIT MEDIA GROUP (WRIT) Shorts Up By 140%

February 15, 2018 - By Marguerite Chambers

The insider, and Motorcar Parts America Inc’s shareholder, Duane Miller, picked up 400 company shares on February 14, 2018, with market value around $9,636 (at $24.1 per each share). The dated February 14, 2018 transaction’s filing filed with the Security and Exchange Commission is ready for use here. Mr. Duane at present has in hand 4,787 shares, accounting for 0.03% of the company’s market cap.

WRIT MEDIA GROUP INCORPORATED (OTCMKTS:WRIT) had an increase of 140% in short interest. WRIT’s SI was 10,800 shares in February as released by FINRA. Its up 140% from 4,500 shares previously. With 198,800 avg volume, 0 days are for WRIT MEDIA GROUP INCORPORATED (OTCMKTS:WRIT)’s short sellers to cover WRIT’s short positions. The stock decreased 12.30% or $0.01845 during the last trading session, reaching $0.13155. About 75,358 shares traded. WRIT Media Group, Inc. (OTCMKTS:WRIT) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $458.92 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 27.62 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.

The stock decreased 2.16% or $0.53 during the last trading session, reaching $24.06. About 108,995 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has risen 7.21% since February 15, 2017 and is uptrending. It has underperformed by 9.49% the S&P500.

Among 7 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts of America has $44 highest and $26.0 lowest target. $39.29’s average target is 63.30% above currents $24.06 stock price. Motorcar Parts of America had 16 analyst reports since August 11, 2015 according to SRatingsIntel. Roth Capital maintained the stock with “Buy” rating in Tuesday, November 10 report. The stock has “Buy” rating by Roth Capital on Friday, August 18. On Monday, March 14 the stock rating was initiated by CL King with “Buy”. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Buy” rating given on Wednesday, September 9 by Sidoti. As per Tuesday, August 11, the company rating was maintained by B. Riley & Co. The stock has “Buy” rating by Roth Capital on Monday, February 12. FBR Capital maintained the shares of MPAA in report on Friday, February 9 with “Buy” rating. The rating was downgraded by B. Riley & Co to “Neutral” on Wednesday, August 10. TH Capital maintained the stock with “Buy” rating in Tuesday, August 11 report. Roth Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Tuesday, June 13 with “Buy” rating.

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