CEO, 10% Owner of Dorman Products Inc. (DORM) Steven L Berman sells 2,700 shares of DORM on 06/02/2011 at an average price of $38 a share.

Dorman Products Inc. has a market cap of $654.2 million; its shares were traded at around $36.47 with a P/E ratio of 13.56 and P/S ratio of 1.44. Dorman Products Inc. had an annual average earning growth of 14.3% over the past 10 years. GuruFocus rated Dorman Products Inc. the business predictability rank of 4.5-star.

CFO Recent Trades:

• Sell: CFO Products, Inc. Dorman sold 25,000 shares of DORM stock on 12/10/2010 at the average price of 44.79. Products, Inc. Dorman owns at least 35,780 shares after this. The price of the stock has decreased by 18.58% since.
• Sell: CFO Mathias J Barton sold 25,000 shares of DORM stock on 12/10/2010 at the average price of 44.79. Mathias J Barton owns at least 35,780 shares after this. The price of the stock has decreased by 18.58% since.

This is the insider trade history vs. stock price of DORM. For the complete insider trading history of DORM, click here.

Directors and Officers Recent Trades:

• Sell: VP and General Counsel Thomas Joseph Knoblauch sold 500 shares of DORM stock on 05/25/2011 at the average price of 35.48. Thomas Joseph Knoblauch owns at least 4,505 shares after this. The price of the stock has increased by 2.79% since.
• Sell: Director Edgar W Levin sold 2,000 shares of DORM stock on 05/10/2011 at the average price of 37.24. Edgar W Levin owns at least 60,100 shares after this. The price of the stock has decreased by 2.07% since.
• Sell: Senior Vice Pres., Operations Fred V Frigo sold 2,338 shares of DORM stock on 03/11/2011 at the average price of 34.12. Fred V Frigo owns at least 70,638 shares after this. The price of the stock has increased by 6.89% since.
• Sell: Director Edgar W Levin sold 2,000 shares of DORM stock on 03/08/2011 at the average price of 36.96. Edgar W Levin owns at least 52,100 shares after this. The price of the stock has decreased by 1.33% since.
• Sell: President, COO, 10% Owner Steven L Berman sold 4,400 shares of DORM stock on 12/14/2010 at the average price of 40.08. Steven L Berman owns at least 2,334,030 shares after this. The price of the stock has decreased by 9.01% since.

For the complete insider trading history of DORM, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool