146993 Shares in CarParts.com, Inc. (NASDAQ:PRTS) Purchased by Qube Research & Technologies Ltd – Defense World
Qube Research & Technologies Ltd acquired a new position in CarParts.com, Inc. (NASDAQ:PRTS – Get Rating) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 146,993 shares of the specialty retailer’s stock, valued at approximately $985,000. Qube Research & Technologies Ltd owned 0.27% of CarParts.com as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Cornerstone Advisory LLC bought a new position in CarParts.com in the 4th quarter valued at about $33,000. Virginia Retirement Systems ET AL bought a new position in CarParts.com in the 1st quarter valued at about $74,000. Peregrine Asset Advisers Inc. bought a new position in CarParts.com in the 1st quarter valued at about $101,000. Arizona State Retirement System bought a new position in CarParts.com in the 4th quarter valued at about $118,000. Finally, Dynamic Advisor Solutions LLC grew its position in CarParts.com by 50.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 22,238 shares of the specialty retailer’s stock valued at $149,000 after buying an additional 7,488 shares in the last quarter. Institutional investors and hedge funds own 84.41% of the company’s stock.
CarParts.com Stock Performance
NASDAQ:PRTS opened at $8.60 on Thursday. CarParts.com, Inc. has a twelve month low of $5.90 and a twelve month high of $18.58. The company has a current ratio of 1.69, a quick ratio of 0.27 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average of $7.93 and a 200-day moving average of $7.71. The firm has a market cap of $468.39 million, a price-to-earnings ratio of -107.49 and a beta of 2.35.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of CarParts.com from a “sell” rating to a “hold” rating in a research report on Thursday, June 30th.
In other CarParts.com news, VP Alfredo Gomez sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 14th. The shares were sold at an average price of $7.05, for a total value of $70,500.00. Following the completion of the transaction, the vice president now directly owns 536,264 shares in the company, valued at $3,780,661.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 10.00% of the company’s stock.
CarParts.com, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual consumers through its network of e-commerce websites and online marketplaces.
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