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Proficio Capital Partners LLC Acquires New Position in Standard Motor Products, Inc.

Mar 09, 2025

Contract Type

partnership

Long Island CityManufacturingAutomotive

Description

Proficio Capital Partners LLC acquired 24,319 shares of Standard Motor Products, Inc. at a value of approximately $753,000 during the fourth quarter. This acquisition resulted in Proficio Capital Partners LLC owning approximately 0.11% of Standard Motor Products, Inc. at the end of the reporting period.

Quick answer

Proficio Capital Partners LLC Acquires New Position in Standard Motor Products, Inc. (March 9, 2025). Standard Motor Products is based in Long Island City, New York, United States.

What agreement did Standard Motor Products announce on March 9, 2025?
Proficio Capital Partners LLC acquired 24,319 shares of Standard Motor Products, Inc. at a value of approximately $753,000 during the fourth quarter. This acquisition resulted in Proficio Capital Partners LLC owning approximately 0.11% of Standard Motor Products, Inc. at the end of the reporting period.
What does Standard Motor Products do?
With over 100 years in business, Standard Motor Products, Inc. (SMP) is a leader in the industries it serves and a trusted partner for all its stakeholders.
Where is Standard Motor Products based?
Standard Motor Products is based in Long Island City, New York, United States.

Source: Fundz verified event record.

Company Information

Company

Standard Motor Products

Location

37-18 Northern Blvd.

Long Island City, New York, United States

About

With over 100 years in business, Standard Motor Products, Inc. (SMP) is a leader in the industries it serves and a trusted partner for all its stakeholders. SMP manufactures and distributes premium replacement parts for its customers in the Automotive Aftermarket while providing customizable solutions for vehicle control and thermal management categories in diversified end markets represented by its Engineered Solutions segment. SMP is a global manufacturer with over 6,100 employees (inclusive of temporary and joint venture employees) across 32 manufacturing, distribution and engineering facilities and offices located in North America, Europe and Asia. SMP's strategy combines growth, stability and diversification to balance today's corporate needs with future opportunities, along with a goal to provide steady, long-term shareholder returns through consistent dividends, reinvestment back into the company and selective acquisitions that serve to make its core businesses stronger. For more information, download the SMP® Parts App or visit SMPcorp.com.

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Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.