CarParts.com, Inc. (NASDAQ:PRTS) VP Sells $63,400.96 in Stock

CarParts.com, Inc. (NASDAQ:PRTS) VP Alfredo Gomez sold 3,584 shares of the business’s stock in a transaction that occurred on Monday, September 13th. The stock was sold at an average price of $17.69, for a total value of $63,400.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

PRTS traded down $0.25 during trading on Tuesday, hitting $16.54. The stock had a trading volume of 740,347 shares, compared to its average volume of 1,712,567. CarParts.com, Inc. has a twelve month low of $9.40 and a twelve month high of $23.26. The stock has a 50 day simple moving average of $17.56 and a two-hundred day simple moving average of $16.84. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.54 and a current ratio of 1.87. The company has a market capitalization of $863.65 million, a PE ratio of -275.62 and a beta of 2.69.

CarParts.com (NASDAQ:PRTS) last released its quarterly earnings data on Thursday, August 5th. The specialty retailer reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.10. CarParts.com had a negative net margin of 0.51% and a negative return on equity of 3.17%. On average, equities research analysts anticipate that CarParts.com, Inc. will post -0.17 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in PRTS. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in CarParts.com during the 1st quarter worth approximately $40,000. Parisi Gray Wealth Management purchased a new position in CarParts.com during the 2nd quarter worth $41,000. Evoke Wealth LLC raised its position in CarParts.com by 100.0% during the 2nd quarter. Evoke Wealth LLC now owns 2,400 shares of the specialty retailer’s stock worth $49,000 after buying an additional 1,200 shares during the last quarter. Knott David M purchased a new position in shares of CarParts.com in the 1st quarter valued at about $53,000. Finally, Ameritas Investment Partners Inc. increased its holdings in shares of CarParts.com by 29.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,715 shares of the specialty retailer’s stock valued at $76,000 after purchasing an additional 854 shares in the last quarter. 78.30% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of CarParts.com from a “sell” rating to a “hold” rating in a research note on Saturday, August 7th. TheStreet raised shares of CarParts.com from a “d+” rating to a “c-” rating in a report on Monday, August 9th. Finally, Royal Bank of Canada upped their target price on shares of CarParts.com from $18.00 to $21.00 and gave the stock an “outperform” rating in a report on Friday, August 6th.

CarParts.com Company Profile

CarParts.com, Inc operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories. The firm also sells auto parts to collision repair shops, markets Kool-Vue products to auto parts wholesale distributor, and aftermarket catalytic converters under the Evan Fischer brand.

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Insider Buying and Selling by Quarter for CarParts.com (NASDAQ:PRTS)

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