Motorcar Parts of America (MPAA) CFO Sung Buys 5,577 Shares
Lee David Sung purchased 5,577 shares of MPAA on June 21, 2026, bringing his total holdings to 28,366 shares.
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Lee David Sung, CFO at Motorcar Parts of America, Inc. ($MPAA), bought 5,577 shares on June 21, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $MPAA is down 1.1% after 1 week, down 7.4% 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 21, 2026, CFO Lee David Sung bought 5,577 shares of Motorcar Parts of America (MPAA) at a price of $14.95, increasing his total holdings to 28,366 shares.
- Recent insider activity shows that several executives have been buying shares, including CEO Joffe Selwyn, who purchased 133,977 shares just days earlier.
- Motorcar Parts of America has a market cap of about $199.6 million and a forward P/E ratio of 6.13, suggesting a low valuation compared to its earnings potential.
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CFO Lee David Sung Buys More Shares
On June 21, 2026, Lee David Sung, the CFO of Motorcar Parts of America, Inc. (MPAA), bought 5,577 shares at a price of $14.95. This purchase increased his total holdings to 28,366 shares. The transaction reflects Sung's ongoing commitment to the company amidst a wave of insider buying.
Recent Insider Activity
On June 19, 2026, several executives at MPAA made notable purchases. CEO Joffe Selwyn bought 133,977 shares, while CFO Lee David Sung acquired 28,366 shares in total after his latest buy. Other insiders included Kamlesh Shah, who purchased 11,939 shares, and Stone Juliet Lynn, who bought 2,244 shares. These transactions indicate confidence among the leadership team in the company's future.
How MPAA Stock Has Traded
MPAA shares are currently trading at $14.95, which is above the 52-week low of $9.29 but below the high of $18.12. The stock's recent activity suggests it is gaining traction after a period of lower performance, as it trades well above its 200-day moving average of $12.16.
What MPAA Does
Motorcar Parts of America, Inc. supplies automotive aftermarket parts and diagnostic equipment in the U.S. The company's recent insider buying could signal a positive outlook as it navigates the competitive auto parts market.
What's Next for MPAA
Looking ahead, investors should watch for the next earnings report, scheduled for November 9, 2026. This will provide insights into the company's financial health and could influence further trading activity. Remember, this insider buying reflects past positions and may not indicate current holdings or future actions.
Related Filing Alerts
Source: Lee David Sung's Form 4 filing on $MPAA (Jun 21, 2026). Find the original filing: MPAA Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts