CarParts.com, Inc. (NASDAQ:PRTS) VP Alfredo Gomez Sells 2472 Shares of Stock – Defense World
June 17, 2022 by Car parts No Comments
CarParts.com, Inc. (NASDAQ:PRTS – Get Rating) VP Alfredo Gomez sold 2,472 shares of the firm's stock in a transaction that occurred on Friday, June 10th. The stock was sold at an average price of $7.23, for a total value of $17,872.56. Following the transaction, the vice president now owns 546,264 shares in the company, valued at $3,949,488.72. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Alfredo Gomez also recently made the following trade(s):
On Tuesday, June 14th, Alfredo Gomez sold 10,000 shares of CarParts.com stock. The stock was sold at an average price of $7.05, for a total value of $70,500.00.
On Monday, March 21st, Alfredo Gomez sold 803 shares of CarParts.com stock. The stock was sold at an average price of $7.16, for a total value of $5,749.48.
NASDAQ PRTS opened at $7.07 on Wednesday. CarParts.com, Inc. has a fifty-two week low of $5.90 and a fifty-two week high of $20.74. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.32 and a current ratio of 1.63. The stock has a 50 day simple moving average of $7.24 and a two-hundred day simple moving average of $8.73. The stock has a market cap of $382.28 million, a P/E ratio of -64.27 and a beta of 2.45.
CarParts.com (NASDAQ:PRTS – Get Rating) last released its quarterly earnings data on Tuesday, May 3rd. The specialty retailer reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.09. The business had revenue of $166.05 million during the quarter, compared to analysts' expectations of $160.20 million. CarParts.com had a negative return on equity of 5.66% and a negative net margin of 0.91%. During the same quarter last year, the business posted ($0.06) EPS. Sell-side analysts predict that CarParts.com, Inc. will post -0.13 earnings per share for the current year.
Several equities analysts recently issued reports on PRTS shares. StockNews.com upgraded CarParts.com from a "sell" rating to a "hold" rating in a research report on Saturday. Lake Street Capital began coverage on CarParts.com in a report on Friday, March 4th. They issued a "buy" rating and a $18.00 price objective for the company. Finally, Craig Hallum dropped their price objective on CarParts.com from $20.00 to $15.00 in a report on Wednesday, March 2nd. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $16.50.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cannell Capital LLC lifted its stake in shares of CarParts.com by 121.0% in the 1st quarter. Cannell Capital LLC now owns 3,449,900 shares of the specialty retailer's stock valued at $23,114,000 after purchasing an additional 1,888,719 shares during the period. BlackRock Inc. lifted its stake in shares of CarParts.com by 6.7% in the 4th quarter. BlackRock Inc. now owns 3,188,137 shares of the specialty retailer's stock valued at $35,707,000 after purchasing an additional 201,453 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of CarParts.com by 195.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,549,509 shares of the specialty retailer's stock valued at $28,554,000 after purchasing an additional 1,687,162 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of CarParts.com in the 4th quarter valued at approximately $28,339,000. Finally, Morgan Stanley lifted its stake in shares of CarParts.com by 18.1% in the 2nd quarter. Morgan …….
Source: https://www.defenseworld.net/2022/06/15/carparts-com-inc-nasdaqprts-vp-alfredo-gomez-sells-2472-shares-of-stock.html