Advance Auto Parts Inc’s recently made public that its EVP, Chief Financial Officer Grimsland Ryan P acquired Company’s shares for reported $8140.0 on Mar 27 ’25. In the deal valued at $40.70 per share,200 shares were bought. As a result of this transaction, Grimsland Ryan P now holds 56,499 shares worth roughly $1.82 million.
Then, OKelly Shane M bought 1,500 shares, generating $55,185 in total proceeds. Upon buying the shares at $36.79, the Director, President and CEO now owns 183,121 shares.
Before that, LEE EUGENE I JR bought 14,640 shares. Advance Auto Parts Inc shares valued at $499,956 were divested by the Director at a price of $34.15 per share. As a result of the transaction, LEE EUGENE I JR now holds 34,070 shares, worth roughly $1.1 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 jump 0.28% to $32.26. Over the last five days, the stock has lost -7.85%. Advance Auto Parts Inc shares have fallen nearly -31.78% since the year began. Nevertheless, the stocks have fallen -58.61% over the past one year. While a 52-week high of $79.41 was reached on 01/30/25, a 52-week low of $28.89 was recorded on 04/09/25. SMA at 50 days reached $39.87, while 200 days put it at $45.36.
Levels Of Support And Resistance For AAP Stock
The 24-hour chart illustrates a support level at 31.05, which if violated will result in even more drops to 29.85. On the upside, there is a resistance level at 33.05. A further resistance level may holdings at 33.85. The Relative Strength Index (RSI) on the 14-day chart is 36.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.63%. Stochastics %K at 29.29% 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 2025-03-31, growing by 0.75 million shares to a total of 9.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 8.44 million shares. There was a rise of 8.2%, which implies that there is a positive sentiment for the stock.
