Motorcar parts SVP Jamie Cook sells over $211,000 in shares

Jamie Leigh Cook, Senior Vice President of Sales, Merchandising & Marketing at Motorcar Parts of America Inc. (), disposed of company stock on June 23, 2026, according to a recent SEC filing.

Ms. Cook sold a total of 14,074 shares of common stock. The shares were sold at a weighted average price of $15.0258, with individual transactions ranging from $14.76 to $15.7599 per share. The total value of the shares sold amounted to $211,473. Following this transaction, Ms. Cook no longer holds any shares directly.The stock currently trades at $13.79, below Cook’s sale price, and according to InvestingPro analysis, MPAA appears undervalued with a Fair Value suggesting significant upside potential. The company is featured on InvestingPro’s Most Undervalued stocks list. InvestingPro subscribers gain access to 7 additional exclusive tips, comprehensive Pro Research Reports, and detailed financial health metrics for MPAA and 1,400+ other US equities.

In other recent news, Motorcar Parts of America, Inc. reported impressive fiscal fourth-quarter 2026 results, with net sales rising 9.9% to $212.3 million, surpassing the FactSet consensus estimate of $176.0 million. This strong financial performance was further highlighted by earnings per share (EPS) of $0.42, which exceeded the projected $0.28. The sales boost was partly attributed to a large customer resuming orders after a pause due to distribution facility consolidation. In addition to these earnings highlights, Motorcar Parts acquired the Centric Parts brake brands from First Brands Group through a Chapter 11 bankruptcy process. The acquisition involved intellectual and digital property and was completed without assuming operational liabilities. Cantor Fitzgerald reiterated an Overweight rating for the company, maintaining a $20.00 price target, following the robust quarterly results. These developments underscore the company’s strategic moves and financial health.