KD Logo

Keeping an Eye on Advance Auto Parts Inc (AAP) After Insider Trading Activity

In a filing, Advance Auto Parts Inc revealed its EVP, Chief HR Officer Soler Kristen L acquired Company’s shares for reported $30150.0 on Jun 03 ’24. In the deal valued at $67.00 per share,450 shares were bought. As a result of this transaction, Soler Kristen L now holds 15,690 shares worth roughly $0.58 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Windom Brent bought 4,700 shares, generating $401,098 in total proceeds. Upon buying the shares at $85.34, the Director now owns 10,000 shares.

Before that, Word Herman L Jr sold 1,858 shares. Advance Auto Parts Inc shares valued at $159,937 were divested by the EVP, U.S. Stores & CQ Ind. at a price of $86.08 per share. As a result of the transaction, Word Herman L Jr now holds 10,448 shares, worth roughly $0.38 million.

A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “an Outperform”. Mizuho began covering AAP with “Neutral” recommendation on March 19, 2024.

Price Performance Review of AAP

On Friday, Advance Auto Parts Inc [NYSE:AAP] saw its stock fall -1.45% to $36.74. Over the last five days, the stock has lost -7.73%. Advance Auto Parts Inc shares have fallen nearly -39.80% since the year began. Nevertheless, the stocks have fallen -26.28% over the past one year. While a 52-week high of $88.56 was reached on 03/21/24, a 52-week low of $36.40 was recorded on 10/03/24. SMA at 50 days reached $42.53, while 200 days put it at $62.09.

Levels Of Support And Resistance For AAP Stock

The 24-hour chart illustrates a support level at 36.42, which if violated will result in even more drops to 36.10. On the upside, there is a resistance level at 37.31. A further resistance level may holdings at 37.88. The Relative Strength Index (RSI) on the 14-day chart is 36.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.56%. Stochastics %K at 9.45% indicates the stock is a buying.

How much short interest is there in Advance Auto Parts Inc?

A steep rise in short interest was recorded in Advance Auto Parts Inc stocks on 2024-10-15, growing by 1.0 million shares to a total of 10.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 9.56 million shares. There was a rise of 9.51%, which implies that there is a positive sentiment for the stock.

Most Popular