LKQ Corporation (NASDAQ:LKQ) has climbed 1.09% in the past week and advanced 3.69% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.3% and the outperformance has advanced to 2.75% for the last 4 weeks period.
LKQ Corporation (NASDAQ:LKQ): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.52 and $32.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.58, notching a gain of 0.18% for the day. The total traded volume was 1,995,903 . The stock had closed at $32.52 on the previous day.
The company shares have rallied 9.40% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $34.26 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $32.52 and the 200 Day Moving Average price is recorded at $29.93.
On the companys insider trading activities, Wagman Robert L, (President and CEO) of Lkq Corp, unloaded 10,000 shares at an average price of $33.04 on June 2, 2016. The total amount of the transaction was worth $330,400, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Baird maintains its rating on LKQ Corporation (NASDAQ:LKQ). The global brokerage major raises the current price target from $34 per share to $36 per share. Analysts at the Baird have a current rating of Outperform on the shares. The rating by the firm was issued on March 22, 2016. Currently the company Insiders own 1.3% of LKQ Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.24% . Institutional Investors own 91.56% of LKQ Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -0.4%.
LKQ Corporation is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories. The company distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, recycled collision and mechanical products, refurbished collision products such as wheels, bumper covers and lights, and remanufactured engines. It is a provider of alternative vehicle collision replacement products and alternative vehicle mechanical replacement products, with its sales, processing, and distribution facilities reaching markets in the United States and Canada. It also provides alternative vehicle replacement and maintenance products in the United Kingdom and the Benelux region of continental Europe. The Company is organized into four segments: Wholesale – North America; Wholesale – Europe; Self Service, and Specialty.