Large Inflow of Money Witnessed in Advance Auto Parts Inc

The shares of Advance Auto Parts Inc (NYSE:AAP) traded with a loss of -1.14 points or -0.73% in the most recent session. The shares last traded at $154.44. As per the trading info, the shares saw $43.45 million in upticks and lost $29.99 million in downticks, resulting in a net money flow of $13.47 million. The up/down ratio for the day was measured at 1.45. For the week, the shares had posted -0.07%.From the block trade data available, the total upticks were valued at $16.23 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $16.23 million.


The stock has recorded a 20-day Moving Average of 0.98% and the 50-Day Moving Average is 0.63%. The company shares have dropped 5.07% in the past 52 Weeks. On November 6, 2015 The shares registered one year high of $201.24 and one year low was seen on February 11, 2016 at $131.59. The 50-day moving average is $151.43 and the 200 day moving average is recorded at $152.06. S&P 500 has rallied 1.93% during the last 52-weeks.

Advance Auto Parts Inc (NYSE:AAP): The stock opened at $155.56 on Tuesday but the bulls could not build on the opening and the stock topped out at $156.31 for the day. The stock traded down to $153.89 during the day, due to lack of any buying support eventually closed down at $154.44 with a loss of -0.73% for the day. The stock had closed at $155.58 on the previous day. The total traded volume was 806,759 shares.

Currently 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 22.94% . Institutional Investors own 98.47% of Advance Auto Parts Inc shares. During last six month period, the net percent change held by insiders has seen a change of -0.01%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Advance Auto Parts Inc, Smith Jeffrey C had purchased shares worth of $61,655,577 in a transaction dated on June 8, 2016. A total of 397,624 shares were purchased at a price of $155.06 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.