CarParts.com, Inc. (NASDAQ:PRTS) VP Alfredo Gomez Sells 10000 Shares of Stock – Defense World
CarParts.com, Inc. (NASDAQ:PRTS – Get Rating) VP Alfredo Gomez sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 14th. The shares were sold at an average price of $7.05, for a total transaction of $70,500.00. Following the completion of the sale, the vice president now owns 536,264 shares in the company, valued at approximately $3,780,661.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Alfredo Gomez also recently made the following trade(s):
- On Friday, June 10th, Alfredo Gomez sold 2,472 shares of CarParts.com stock. The shares were sold at an average price of $7.23, for a total transaction of $17,872.56.
- On Monday, March 21st, Alfredo Gomez sold 803 shares of CarParts.com stock. The shares were sold at an average price of $7.16, for a total transaction of $5,749.48.
PRTS stock opened at $7.07 on Wednesday. CarParts.com, Inc. has a 12-month low of $5.90 and a 12-month high of $20.74. The company has a quick ratio of 0.32, a current ratio of 1.63 and a debt-to-equity ratio of 0.14. The company has a market cap of $382.28 million, a price-to-earnings ratio of -64.27 and a beta of 2.45. The company has a 50 day moving average of $7.24 and a two-hundred day moving average of $8.73.
CarParts.com (NASDAQ:PRTS – Get Rating) last released its earnings results on Tuesday, May 3rd. The specialty retailer reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.09. CarParts.com had a negative net margin of 0.91% and a negative return on equity of 5.66%. The company had revenue of $166.05 million during the quarter, compared to the consensus estimate of $160.20 million. During the same quarter in the prior year, the firm earned ($0.06) EPS. On average, research analysts anticipate that CarParts.com, Inc. will post -0.13 EPS for the current year.
A number of analysts recently weighed in on the stock. StockNews.com upgraded shares of CarParts.com from a “sell” rating to a “hold” rating in a report on Saturday. Lake Street Capital assumed coverage on shares of CarParts.com in a report on Friday, March 4th. They set a “buy” rating and a $18.00 target price for the company. Finally, Craig Hallum reduced their target price on shares of CarParts.com from $20.00 to $15.00 in a report on Wednesday, March 2nd. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, CarParts.com has an average rating of “Buy” and an average target price of $16.50.
A number of hedge funds have recently added to or reduced their stakes in PRTS. Cornerstone Advisory LLC bought a new position in shares of CarParts.com during the 4th quarter valued at $33,000. Quantbot Technologies LP bought a new position in CarParts.com in the 1st quarter worth $40,000. Virginia Retirement Systems ET AL bought a new position in CarParts.com in the 1st quarter worth $74,000. Peregrine Asset Advisers Inc. bought a new position in CarParts.com in the 1st quarter worth $101,000. Finally, Arizona State Retirement System bought a new position in CarParts.com in the 4th quarter worth $118,000. Institutional investors own 84.41% of the company’s stock.
About CarParts.com (Get Rating)
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 …….