Advance Auto Parts Inc (AAP) : Investors lapped up stocks on upticks to the tune of $26.66 million in the Fridays trading session. The trading value on downticks was comparatively at $23.12 million and the uptick to downtick ratio of 1.15 indicates continuous buying by the bulls. The net money flow into the stock was $3.54 million. Upticks saw transactions worth $6.18 clearly indicating buying by large investors. The total money flow for block trades stood at $6.18 million, which is a positive for the stock in the long-term. Advance Auto Parts Inc (AAP) fell $0.19 during the day at $158.57, a drop of -0.12% over the previous days close. However, for the week, the stock is 1.11%, compared to the previous week.
The company Insiders own 4.5% of Advance Auto Parts Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 11.4% . Institutional Investors own 99.18% of Advance Auto Parts Inc shares. During last six month period, the net percent change held by insiders has seen a change of 20.73%.
In a related news, Cushing Robert B, officer (EVP, Commercial) of Advance Auto Parts Inc, executed a transaction worth $234,990 on August 30, 2016. A total of 1,500 shares were purchased at an average price of $156.66. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Advance Auto Parts Inc (NYSE:AAP): stock was range-bound between the intraday low of $158.05 and the intraday high of $159.65 after having opened at $158.79 on Fridays session. The stock finally closed in the red at $158.79, a loss of -0.12%. The stock remained in the red for the whole trading day. The total traded volume was 635,615 shares. The stock failed to cross $159.65 in Fridays trading. The stocks closing price on Thursday was $158.76.
Advance Auto Parts Inc (AAP) has been under a strong bear grip, hence the stock is down -6.87% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.6% in the past 1 week. The stock has risen by 1.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.99% in the past 4 weeks.
Advance Auto Parts, Inc. is a provider of automotive aftermarket parts. The companys stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through a variety of channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of January 3, 2015, the Companys operations are comprised of 5,261 stores and 111 distribution branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands primarily under the trade names Advance Auto Parts, Carquest, Autopart International and Worldpac.