In a filing, Advance Auto Parts Inc revealed its Director Seboldt Thomas W acquired Company’s shares for reported $0.1 million on Nov 18 ’24. In the deal valued at $38.52 per share,2,650 shares were bought. As a result of this transaction, Seboldt Thomas W now holds 8,634 shares worth roughly $0.35 million.
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Then, Jones Jeffrey J II bought 69 shares, generating $2,545 in total proceeds. Upon buying the shares at $36.74, the Director now owns 11,874 shares.
Before that, Soler Kristen L bought 450 shares. Advance Auto Parts Inc shares valued at $30,150 were divested by the EVP, Chief HR Officer at a price of $67.00 per share. As a result of the transaction, Soler Kristen L now holds 15,690 shares, worth roughly $0.64 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 jump 5.43% to $40.79. Over the last five days, the stock has gained 8.22%. Advance Auto Parts Inc shares have fallen nearly -33.16% since the year began. Nevertheless, the stocks have fallen -22.44% over the past one year. While a 52-week high of $88.56 was reached on 03/21/24, a 52-week low of $35.59 was recorded on 10/31/24. SMA at 50 days reached $39.02, while 200 days put it at $59.43.
Levels Of Support And Resistance For AAP Stock
The 24-hour chart illustrates a support level at 39.35, which if violated will result in even more drops to 37.92. On the upside, there is a resistance level at 41.55. A further resistance level may holdings at 42.32. The Relative Strength Index (RSI) on the 14-day chart is 55.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.85%. Stochastics %K at 33.28% indicates the stock is a holding.
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 2024-10-31, growing by 0.5 million shares to a total of 10.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 10.08 million shares. There was a rise of 4.7%, which implies that there is a positive sentiment for the stock.
