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Investing in Advance Auto Parts Inc (AAP) Is Getting More Attractive

Advance Auto Parts Inc’s filing revealed that its Director, President and CEO OKelly Shane M acquired Company’s shares for reported $55185.0 on Mar 11 ’25. In the deal valued at $36.79 per share,1,500 shares were bought. As a result of this transaction, OKelly Shane M now holds 183,121 shares worth roughly $7.13 million.

Then, LEE EUGENE I JR bought 14,640 shares, generating $499,956 in total proceeds. Upon buying the shares at $34.15, the Director now owns 34,070 shares.

Before that, Soler Kristen L bought 1,000 shares. Advance Auto Parts Inc shares valued at $35,330 were divested by the EVP, Chief HR Officer at a price of $35.33 per share. As a result of the transaction, Soler Kristen L now holds 17,205 shares, worth roughly $0.67 million.

BMO Capital Markets initiated its Advance Auto Parts Inc [AAP] rating to a Market perform in a research note published on December 13, 2024; the price target was $45. Wedbush also remained covering AAP and has increased its forecast on October 15, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Mizuho started covering the stock on March 19, 2024. It rated AAP as “a Neutral”.

Price Performance Review of AAP

On Friday, Advance Auto Parts Inc [NYSE:AAP] saw its stock fall -3.52% to $38.95. Over the last five days, the stock has gained 3.98%. Advance Auto Parts Inc shares have fallen nearly -17.64% since the year began. Nevertheless, the stocks have fallen -53.77% over the past one year. While a 52-week high of $86.46 was reached on 01/30/25, a 52-week low of $33.08 was recorded on 03/07/25. SMA at 50 days reached $42.41, while 200 days put it at $46.83.

Levels Of Support And Resistance For AAP Stock

The 24-hour chart illustrates a support level at 38.07, which if violated will result in even more drops to 37.19. On the upside, there is a resistance level at 40.15. A further resistance level may holdings at 41.35. The Relative Strength Index (RSI) on the 14-day chart is 49.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 45.11%. Stochastics %K at 72.46% 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 2025-03-14, dropping by -1.45 million shares to a total of 8.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.87 million shares. There was a decline of -17.28%, which implies that there is a negative sentiment for the stock.

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