Early Access — free while we kick the tires
EdgarHawk

Trussler Douglas B

Director

Director 10% Owner
3 filings analyzed · 1 company · Latest 2024-11-18

Companies

Company Buys Sells Direction
MOTORCAR PARTS OF AMERICA INC MPAA 4 0 Net buying

Activity

November 2024
high
Buy
50,000 shares
$343,000
Significance 6/10

Director Trussler Douglas B bought 50,000 shares of MPAA at $6.86; stock now $6.65, -34.7% from 52-week high; 2 other insiders also bought within 14 days.

Trussler purchased 50,000 shares on 2024-11-14 at $6.86, increasing his holdings by 18.5% to 320,300 shares total, amid a cluster pattern where 2 other insiders also bought within the past 14 days. His prior trading history at MPAA shows 3 of 4 prior buys were well-timed at the 90-day mark, with the most recent buy on 2024-06-17 achieving a 16.4% 30-day return, suggesting he has demonstrated timing acuity at this ticker. However, the current stock price of $6.65 is -34.7% from the 52-week high of $10.18, and the company reported negative net income of $-3.0M in its latest quarter despite 5.1% annual revenue growth, indicating structural profitability challenges. The cluster of director purchases during a depressed price period relative to recent highs, combined with historical buy timing, merits investor attention to whether this reflects underlying value recognition or accumulation during financial headwinds.

June 2024
medium
Buy
20,300 shares
$116,319
Significance 6/10

Director Trussler Douglas B bought 20,300 shares of MPAA at $5.73 on 2024-06-17; stock now $6.58 as part of 6-insider cluster buy amid unprofitability.

Trussler Douglas B purchased 20,300 shares (20.3K shares) at $5.73, bringing his post-transaction holdings to 270,300 shares (270.3K shares), a net increase of +8.1% vs pre-transaction holdings. This buy occurred as part of a cluster pattern, with 5 other insiders also buying within the past 14 days. His own track record across all tickers shows 6 prior buys with a 90d win rate of 100.00% and avg 90d return +10.6%; at MPAA specifically, his prior three measurable buys from September 2023 each posted positive 90-day returns ranging from +9.6% to +13.5%, with all three well-timed. However, the company remains fundamentally challenged: it reported a net loss of $-47,214,000.00 ($-47.2M) over its most recent full fiscal year, and the current stock price of $6.58 sits -35.4% from its 52-week high, though up +32.9% over the past 30 days. The convergence of the insider's consistent buy-timing pattern, the coordinated multi-insider activity, and the stock's sharp recent rebound (+32.9% in 30 days) against persistent negative earnings warrants close attention to whether this reflects emerging operational recovery or overshooting after a depressed trough.

high
Buy
150,000 shares
$874,000
Significance 7/10

Director Douglas B Trussler purchased 150,000 shares at $5.83 average price for $874,000; holding up 150% post-transaction amid cluster buying.

Director Trussler made 2 separate purchases totaling 150,000 shares for $874,000.00 on June 13–14, 2024, raising his shareholding from 100,000 to 250,000 shares (a 150% increase in position size). His prior 4 completed trades at MPAA all generated positive 90-day returns, establishing a consistent pattern of well-timed entry points at this ticker. This purchase arrives alongside 5 other concurrent insider buys within 14 days, indicating coordinated conviction within the leadership group. Set against MPAA's challenging fundamentals—unprofitable operations with net income of $-47.2M in the latest full fiscal year and a market cap of only $119.7M—the scale of this open-market accumulation by a director carrying demonstrated timing discipline warrants close monitoring of the company's operational trajectory and any near-term strategic announcements.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access