The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Advance Auto Parts Inc shares valued at $55,185 were purchased by OKelly Shane M on Mar 11 ’25. At $36.79 per share, OKelly Shane M acquired 1,500 shares. The insider’s holdings grew to 183,121 shares worth approximately $6.76 million following the completion of this transaction.
Also, LEE EUGENE I JR purchased 14,640 shares, netting a total of over 499,956 in proceeds. Following the buying of shares at $34.15 each, the insider now holds 34,070 shares.
Before that, Soler Kristen L had added 1,000 shares to its account. In a trade valued at $35,330, the EVP, Chief HR Officer bought Advance Auto Parts Inc shares for $35.33 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $0.64 million.
As published in their initiating research note from BMO Capital Markets on December 13, 2024, Advance Auto Parts Inc [AAP] has been a Market perform and the price target has been revised to $45. As of October 15, 2024, Wedbush has increased its “Neutral” rating to a “an Outperform” for AAP. Earlier on March 19, 2024, Mizuho initiated its rating. Their recommendation was “a Neutral” for AAP stock.
Analyzing AAP Stock Performance
During the last five days, there has been a drop of approximately -1.76%. Over the course of the year, Advance Auto Parts Inc shares have dropped approximately -21.93%. Shares of the company reached a 52-week high of $50.59 on 01/30/25 and a 52-week low of $33.08 on 03/07/25. A 50-day SMA is recorded $43.43, while a 200-day SMA reached $47.80.
Support And Resistance Levels for Advance Auto Parts Inc (AAP)
According to the 24-hour chart, there is a support level at 36.32, which, if violated, would cause prices to drop to 35.72. In the upper region, resistance lies at 37.95. The next price resistance is at 38.98. RSI (Relative Strength Index) is 39.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.13, which suggests the price will increase in the coming days. Percent R is at 31.95%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
