Motorcar Parts of America (MPAA) CFO Sung Buys 28,366 Shares
Lee David Sung, CFO of Motorcar Parts of America, purchased 28,366 shares on June 19, boosting his stake in the company.
Reviewed by automated data checks against the source filing. How we make and check alerts
Lee David Sung, CFO at Motorcar Parts of America, Inc. ($MPAA), bought 28,366 shares on June 19, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $MPAA is up 1.1% after 1 week, down 10.4% after 1 month and down 32.8% to date (from the $15.36 close on Jun 18, 2026).
MPAA
Motorcar Parts of America, Inc.
Key Points
- On June 19, 2026, CFO Lee David Sung bought 28,366 shares of MPAA, increasing his ownership as the stock trades at $14.95.
- The shares are positioned between their 52-week low of $9.29 and high of $18.12, indicating potential for growth.
- Motorcar Parts of America is scheduled to report earnings on November 9, 2026, providing insight into its financial health.
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Insider Buying and Selling at Motorcar Parts of America, Inc.
On June 19, 2026, Lee David Sung, CFO of Motorcar Parts of America, acquired 28,366 shares of the company, which trades on the NasdaqGS under the ticker MPAA. This purchase adds to his stake as the stock is currently priced at $14.95.
Multiple Insiders Join the Buying
Sung's purchase is part of a broader trend among MPAA executives. On the same day, several other insiders also bought shares. Joffe Selwyn, the President and CEO, purchased 133,977 shares, while Kamlesh Shah, the Chief Accounting Officer, acquired 11,939 shares. Stone Juliet Lynn, VP and General Counsel, bought 2,244 shares, and Douglas Earl Schooner, Chief Manufacturing Officer, added 11,939 shares. Additionally, VP Glenn Daniel Burlingame purchased 13,465 shares. This collective buying suggests a strong belief in the company's future prospects.
Stock Performance Context
Currently, MPAA shares are trading at $14.95, which is positioned between the 52-week low of $9.29 and the high of $18.12. The stock has seen fluctuations, and the recent insider buying might indicate confidence in the company's ability to rebound and grow.
Upcoming Earnings
Motorcar Parts of America is set to release its next earnings report on November 9, 2026. Investors will be looking for insights into the company’s financial health, especially given its recent challenges, including a revenue decline of about 10.8% year-over-year.
What MPAA Does
Motorcar Parts of America, Inc. supplies automotive aftermarket replacement parts and diagnostic equipment in the U.S. The company serves various automotive retail chain stores and manufacturers, offering a range of products from light-duty electrical parts to heavy-duty components.
What's Next for MPAA
As more insider transactions occur, it will be interesting to see how the stock performs leading up to the earnings report. The recent activity suggests that insiders are optimistic about future developments at MPAA. Keep an eye on the upcoming earnings date for further insights into the company's performance.
Related Filing Alerts
Source: Lee David Sung's Form 4 filing on $MPAA (Jun 19, 2026). Find the original filing: MPAA Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts