Motorcar Parts of AmericaMPAA
About: Motorcar Parts of America Inc is a supplier of automotive aftermarket non-discretionary replacement parts and test solutions and diagnostic equipment. It operate in the non-discretionary automotive aftermarket for replacement hard parts in North America and includes products such as light-duty rotating electrical products, wheel hub products, brake-related products, and turbochargers. In addition, it sell test solutions and diagnostic equipment. The company operates in three segments Hard Parts, Test Solutions and Diagnostic Equipment and Heavy Duty. Key revenue is generated from Hard Parts, which includes (i) light duty rotating electric products such as alternators and starters, (ii) wheel hub products, (iii) brake-related products, including brake calipers, brake boosters, brake rotors.
Employees: 5,900
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
10.44% less ownership
Funds ownership: 86.97% [Q1] → 76.52% (-10.44%) [Q2]
19% less funds holding
Funds holding: 88 [Q1] → 71 (-17) [Q2]
32% less capital invested
Capital invested by funds: $137M [Q1] → $92.8M (-$44.6M) [Q2]
67% less call options, than puts
Call options by funds: $42K | Put options by funds: $126K
71% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for MPAA.