Morgan Stanley Amends Dorman Products (DORM) Stake Filing
Ticker: DORM · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 868780
| Field | Detail |
|---|---|
| Company | Dorman Products, Inc. (DORM) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, equity-holdings
TL;DR
**Morgan Stanley still owns Dorman Products stock, showing continued institutional interest.**
AI Summary
Morgan Stanley filed an amended SC 13G/A on February 9, 2024, indicating their ownership of Dorman Products, Inc. (DORM) common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, signifies that Morgan Stanley continues to hold a significant, though not necessarily controlling, stake in Dorman Products. For investors, this matters because it shows a major financial institution's continued interest in Dorman Products, which can be seen as a vote of confidence, but the specific change in their holding percentage isn't detailed in this excerpt.
Why It Matters
This filing confirms Morgan Stanley's ongoing investment in Dorman Products, providing transparency into institutional ownership, which can influence investor sentiment.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate or significant new risks.
Analyst Insight
Investors should note Morgan Stanley's continued institutional ownership in Dorman Products, but this filing alone doesn't provide enough detail to assess changes in their stake or make immediate trading decisions. Further investigation into the specific percentage owned would be beneficial.
Key Numbers
- 258278100 — CUSIP Number (identifies Dorman Products, Inc. Common Stock)
Key Players & Entities
- Morgan Stanley (company) — the entity filing the SC 13G/A amendment
- Dorman Products, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 9, 2024 (date) — the date the SC 13G/A was filed
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is Morgan Stanley, a security broker, dealer, and flotation company based in New York, NY.
What company's securities are the subject of this filing?
The subject company for this filing is Dorman Products, Inc., a motor vehicle parts and accessories company based in Colmar, PA.
What was the 'Date Of Event which Requires Filing of this Statement'?
The 'Date Of Event which Requires Filing of this Statement' was December 31, 2023.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'x' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 regarding Dorman Products, Inc. (DORM).