company is great, stock is a mess because of this firm that got themselves in trouble
Totally unrelated to the company and the earnings will help
im still hearing they are holding out for prices between 3.75-4
crazy situation
5 Retail Stocks to Buy on Buoyant September Saleshttps://shar.es/1EZilV
Retail sales marked a rebound in September, led by stronger auto sales and rise in discretionary spending.
Sent using ShareThis
by Tirthankar Chakraborty Published on October 17, 2016 |
S PRTS HD AAPL CAKE DAVE DKSTMUS
Totally unrelated to the company and the earnings will help
im still hearing they are holding out for prices between 3.75-4
crazy situation
Retail sales marked a rebound in September, led by stronger auto sales and rise in discretionary spending.
Sent using ShareThis
by Tirthankar Chakraborty Published on October 17, 2016 |
S PRTS HD AAPL CAKE DAVE DKSTMUS
company is great, stock is a mess because of this firm that got themselves in trouble
Totally unrelated to the company and the earnings will help
im still hearing they are holding out for prices between 3.75-4
crazy situation
5 Retail Stocks to Buy on Buoyant September Saleshttps://shar.es/1EZilV
Retail sales marked a rebound in September, led by stronger auto sales and rise in discretionary spending.
Sent using ShareThis
by Tirthankar Chakraborty Published on October 17, 2016
S PRTS HD AAPL CAKE DAVE DKSTMUS
Analyst Blog
by Tirthankar Chakraborty Published on October 17, 2016 |
S PRTS HD AAPL CAKE DAVE DKS TMUS
Shoppers have a free rein now after restricted spending in the third quarter. Official data show that retail sales picked up in September after a nominal decline in August. Surge in motor vehicle purchases and gas stations gains mostly helped revive sales.All in all, 10 out of 13 major retail categories showed gains, with restaurants, furniture stores and building supply outlets showing solid increases. A combination of steady jobs growth, modest uptick in wages and an increase in household net worth laid the foundation for consumer spending. Hence, it will be prudent to add fundamentally sound stocks from the retail sector.
U.S. Auto Parts Network, Inc. (PRTS - Free Report) operates as an online retailer of aftermarket auto parts and accessories, mainly in the United States. The company’s – a Zacks Rank #2 stock – estimated earnings growth rate for this year is 275%. U.S. Auto Parts Network has also been on an upward trend over the past 60 days, as estimates have risen from 5 cents/share to 7 cents right now. US AUTO PARTS Price and Consensus
U.S. Auto Parts Network Company Profile (NASDAQ
RTS)
About U.S. Auto Parts Network
U.S. Auto Parts Network, Inc. is an online source for automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs. The Company operates through two segments: Base USAP, which is the core auto parts business, and AutoMD, an online automotive repair source. The Company offers a range of aftermarket auto parts. The Company classifies its products into three categories: collision parts serving the collision repair segment, engine parts to serve the replacement/wear parts market, and performance parts and accessories. The Company sells its products through its network of Websites and online marketplaces, including www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com and www.AutoMD.com.
Industry, Sector and Symbol:
RTS) | Date | Firm | Action | Rating | Price Target | Details |
|---|---|---|---|---|---|
| 10/24/2016 | Roth Capital | Set Price Target | Buy | $4.00 |
About U.S. Auto Parts Network
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Specialty Retail, Other
- Sub-Industry: Internet Retail
- Exchange: NASDAQ
- Symbol: PRTS
- CUSIP: 90343C10
- Previous Close: $3.12
- 50 Day Moving Average: $3.30
- 200 Day Moving Average: $3.60
- 52-Week Range: $1.95 - $4.49
- Trailing P/E Ratio: 78.00
- Foreward P/E Ratio: 44.57
- P/E Growth: 3.17
- Market Cap: $108.85M
- Outstanding Shares: 34,888,000
- Beta: 1.14
- Net Margins: 0.58%
- Return on Equity: 7.50%
- Return on Assets: 2.17%
- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 1.44%
- Quick Ratio: 0.30%
Is this guy just a constant basher, or what?
sbaker
$PRTS recent downgrade by Roth Capital leads me to think earnings won't be very good next week. $2 here we come.
sbaker
$PRTS the analyst has a $73.47M revenue estimate for Q3. I bet they won't reach $72.50M and would be lucky to break even and not lose money.
sbaker
$PRTS recent downgrade by Roth Capital leads me to think earnings won't be very good next week. $2 here we come.
sbaker
$PRTS the analyst has a $73.47M revenue estimate for Q3. I bet they won't reach $72.50M and would be lucky to break even and not lose money.
[h=1]U.S. Auto Parts Reports Third Quarter 2016 Results[/h]CARSON, Calif., Nov. 1, 2016 /PRNewswire/ -- U.S. Auto Parts Network, Inc. (PRTS), one of the largest online providers of aftermarket automotive parts and accessories, reported results for the third quarter ended October 1, 2016. All information and data excludes AutoMD unless specifically noted.
Third Quarter 2016 Financial Highlights vs. Year-Ago Quarter
"Q3 marks our third consecutive quarter of GAAP profitability, driven by the continued focus on our higher-margin private label business," said Shane Evangelist, CEO of U.S. Auto Parts. "In fact, private label sales increased 12%, which led to an 80 basis point improvement in gross margin. We also maintained our net cash position during the quarter with a zero balance on our revolver debt. As we close out the year, we plan to continue to execute our profitability initiatives and carry this momentum into 2017."
Third Quarter 2016 Financial Results
Net sales in the third quarter of 2016 increased 4% to $73.5 million compared to $70.6 million in the year-ago quarter. The increase was largely driven by a 21% increase in online marketplace sales to $19.0 million.
Gross profit in the third quarter of 2016 increased 7% to $22.4 million compared to $21.0 million in the year-ago quarter. As a percentage of net sales, gross profit increased 80 basis points to 30.5% compared to 29.7% in the year ago quarter. The increase in gross margin was primarily driven by a higher mix of private label sales, which were 65% of net sales compared to 60% in the year-ago quarter. The increase was also driven by freight and warehouse supplies savings.
Total operating expenses in the third quarter were $21.7 million compared to $20.4 million in the year-ago quarter. As a percentage of net sales, operating expenses were 29.6% compared to 28.9% in the year ago quarter.
Net income in the third quarter was $0.4 million, or $0.01 per diluted share, which was relatively flat compared to the year-ago quarter.
Adjusted EBITDA in the third quarter of 2016 increased 10% to $3.1 million compared to $2.8 million in the year-ago quarter.
At October 1, 2016, cash and cash equivalents totaled $5.2 million compared to $1.5 million at January 2, 2016. The Company also had no revolver debt at October 1, 2016 compared to $11.8 million at January 2, 2016.
2016 Outlook
U.S. Auto Parts continues to expect net sales to be up low to mid-single digits on a percentage basis compared to 2015. The Company also expects net income to range between $1.7 and $3.7 million. In addition, the Company continues to expect adjusted EBITDA to range between $13.0 and $15.0 million.
2017 Outlook
U.S. Auto Parts expects net sales to be up low to mid-single digits on a percentage basis compared to 2016. The Company also expects net income to range between $4.8 and $7.8 million. In addition, the Company expects adjusted EBITDA to range between $15.0 and $18.0 million.
Conference Call
U.S. Auto Parts will conduct a conference call today at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss its financial results for the third quarter ended October 1, 2016.
The Company's CEO Shane Evangelist and CFO Neil Watanabe will host the conference call, followed by a question and answer period.
Date: Tuesday, November 1, 2016
Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)
Toll-free dial-in number: 877-407-9039
International dial-in number: 201-689-8470
Conference ID: 13647241
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Liolios at 1-949-574-3860.
The conference call will be broadcast live and available for replay via the investor relations section of the Company's website at www.usautoparts.net.
A telephone replay of the conference call will also be available on the same day through November 15, 2016.
Toll-free replay number: 844-512-2921
International replay number: 412-317-6671
Replay ID: 13647241
About U.S. Auto Parts Network, Inc.
Established in 1995, U.S. Auto Parts is a leading online provider of automotive aftermarket parts, including collision, engine, and performance parts and accessories. Through the Company's network of websites, U.S. Auto Parts provides consumers with a broad selection of competitively priced products, all mapped by a proprietary database with applications based on vehicle makes, models and years. U.S. Auto Parts' flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, and www.AutoMD.com, as well as the Company's corporate website at www.usautoparts.net.
U.S. Auto Parts is headquartered in Carson, California.
http://finance.yahoo.com/news/u-auto-parts-reports-third-113000186.html
Third Quarter 2016 Financial Highlights vs. Year-Ago Quarter
- Net sales up 4% to $73.5 million
- Gross margin increased 80 basis points to 30.5%
- Net income remained relatively flat at $0.4 million, or $0.01 per diluted share
- Adjusted EBITDA (a non-GAAP measure defined below) increased 10% to $3.1 million
- Ended the quarter with no revolver debt compared to $8.3 million at October 3, 2015
- Total online orders increased by 12% to 846,000 orders
- Conversion increased 10 basis points to 1.9%
"Q3 marks our third consecutive quarter of GAAP profitability, driven by the continued focus on our higher-margin private label business," said Shane Evangelist, CEO of U.S. Auto Parts. "In fact, private label sales increased 12%, which led to an 80 basis point improvement in gross margin. We also maintained our net cash position during the quarter with a zero balance on our revolver debt. As we close out the year, we plan to continue to execute our profitability initiatives and carry this momentum into 2017."
Third Quarter 2016 Financial Results
Net sales in the third quarter of 2016 increased 4% to $73.5 million compared to $70.6 million in the year-ago quarter. The increase was largely driven by a 21% increase in online marketplace sales to $19.0 million.
Gross profit in the third quarter of 2016 increased 7% to $22.4 million compared to $21.0 million in the year-ago quarter. As a percentage of net sales, gross profit increased 80 basis points to 30.5% compared to 29.7% in the year ago quarter. The increase in gross margin was primarily driven by a higher mix of private label sales, which were 65% of net sales compared to 60% in the year-ago quarter. The increase was also driven by freight and warehouse supplies savings.
Total operating expenses in the third quarter were $21.7 million compared to $20.4 million in the year-ago quarter. As a percentage of net sales, operating expenses were 29.6% compared to 28.9% in the year ago quarter.
Net income in the third quarter was $0.4 million, or $0.01 per diluted share, which was relatively flat compared to the year-ago quarter.
Adjusted EBITDA in the third quarter of 2016 increased 10% to $3.1 million compared to $2.8 million in the year-ago quarter.
At October 1, 2016, cash and cash equivalents totaled $5.2 million compared to $1.5 million at January 2, 2016. The Company also had no revolver debt at October 1, 2016 compared to $11.8 million at January 2, 2016.
| Key Operating Metrics | |||||||||||
| Q3 2016 | Q3 2015 | Q2 2016 | |||||||||
| Conversion Rate [SUP]1[/SUP] | 1.89 | % | 1.75 | % | 1.80 | % | |||||
| Customer Acquisition Cost [SUP]1[/SUP] | $ | 7.61 | $ | 7.65 | $ | 7.54 | |||||
| Unique Visitors (millions) [SUP]1[/SUP] | 28.4 | 29.3 | 30.2 | ||||||||
| Number of Orders - E-commerce only (thousands) | 537 | 511 | 544 | ||||||||
| Number of Orders - Online Marketplace (thousands) | 309 | 244 | 315 | ||||||||
| Total Number of Internet Orders (thousands) | 846 | 755 | 859 | ||||||||
| Revenue Capture (% Sales) [SUP]2[/SUP] | 84.7 | % | 85.3 | % | 84.0 | % | |||||
| Average Order Value - E-commerce only | $ | 103 | $ | 109 | $ | 109 | |||||
| Average Order Value - Online Marketplace | $ | 68 | $ | 70 | $ | 71 | |||||
| Average Order Value - Total Internet Orders | $ | 90 | $ | 96 | $ | 95 |
| 1. | Excludes online marketplaces and media properties (e.g. AutoMD). |
| 2. | Revenue capture is the amount of actual dollars retained after taking into consideration returns, credit card declines and product fulfillment and excludes online marketplaces and media properties (e.g. AutoMD). |
2016 Outlook
U.S. Auto Parts continues to expect net sales to be up low to mid-single digits on a percentage basis compared to 2015. The Company also expects net income to range between $1.7 and $3.7 million. In addition, the Company continues to expect adjusted EBITDA to range between $13.0 and $15.0 million.
2017 Outlook
U.S. Auto Parts expects net sales to be up low to mid-single digits on a percentage basis compared to 2016. The Company also expects net income to range between $4.8 and $7.8 million. In addition, the Company expects adjusted EBITDA to range between $15.0 and $18.0 million.
Conference Call
U.S. Auto Parts will conduct a conference call today at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss its financial results for the third quarter ended October 1, 2016.
The Company's CEO Shane Evangelist and CFO Neil Watanabe will host the conference call, followed by a question and answer period.
Date: Tuesday, November 1, 2016
Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)
Toll-free dial-in number: 877-407-9039
International dial-in number: 201-689-8470
Conference ID: 13647241
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Liolios at 1-949-574-3860.
The conference call will be broadcast live and available for replay via the investor relations section of the Company's website at www.usautoparts.net.
A telephone replay of the conference call will also be available on the same day through November 15, 2016.
Toll-free replay number: 844-512-2921
International replay number: 412-317-6671
Replay ID: 13647241
About U.S. Auto Parts Network, Inc.
Established in 1995, U.S. Auto Parts is a leading online provider of automotive aftermarket parts, including collision, engine, and performance parts and accessories. Through the Company's network of websites, U.S. Auto Parts provides consumers with a broad selection of competitively priced products, all mapped by a proprietary database with applications based on vehicle makes, models and years. U.S. Auto Parts' flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, and www.AutoMD.com, as well as the Company's corporate website at www.usautoparts.net.
U.S. Auto Parts is headquartered in Carson, California.
http://finance.yahoo.com/news/u-auto-parts-reports-third-113000186.html
added today chart ugly, but its a buyers strike, not heavy selling
[h=2]Ann H. Lamont files portfolio update[/h] Get notified next time Ann H. Lamont makes a similar move!
Ann H. Lamont just filed a portfolio update (also known as a 13-F), dated November 14, 2016. The portfolio holdings are as of September 30, 2016.
Ann H. Lamont reported adding to its positions of:
Positions in the following companies appear to have been reduced:
Keep in mind, however, that typos are common in public filings, and that CUSIP numbers may not be accurate. Please verify the filing directly for confirmation of the above information.To see Ann H. Lamont's latest available portfolio, click here.
[h=2]Ann H. Lamont files portfolio update[/h] Get notified next time Ann H. Lamont makes a similar move!
Ann H. Lamont just filed a portfolio update (also known as a 13-F), dated November 14, 2016. The portfolio holdings are as of September 30, 2016.
Ann H. Lamont reported adding to its positions of:
- U.S. Auto Parts Network
Positions in the following companies appear to have been reduced:
- Benefitfocus,Inc.
Keep in mind, however, that typos are common in public filings, and that CUSIP numbers may not be accurate. Please verify the filing directly for confirmation of the above information.To see Ann H. Lamont's latest available portfolio, click here.
U.S. Auto Parts Network, Inc. (NASDAQ: PRTS) announced that its board of directors has approved the repurchase of up to an aggregate of $5,000,000 of the company's common stock. The repurchases will be made from time to time on the open market at prevailing market prices, in negotiated transactions off the market, or in such other manner as determined by U.S. Auto Parts Network, including through plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934.
"We believe that the repurchase program is a great investment, a wise utilization of our strong cash flow, and underscores our constant commitment to enhancing stockholder value," said Shane Evangelist, Chief Executive Officer of U.S. Auto Parts.
The repurchase program is expected to continue through March 4, 2017 unless extended or shortened by the board of directors.
In addition, U.S. Auto Parts has amended its credit agreement with JPMorgan Chase to, among other things, extend the term of the agreement for an additional three years through April 26, 2020.
U.S. Auto Parts CFO Neil Watanabe commented: "This extension speaks to the confidence our commercial banking partner has in our organization. We look forward to continuing our partnership with JPMorgan Chase as they provide us with the flexibility to support our growing business."
Additional details regarding U.S. Auto Parts' amended credit agreement can be found on the Form 8-K filed today with the Securities and Exchange Commission.
http://www.streetinsider.com/
"We believe that the repurchase program is a great investment, a wise utilization of our strong cash flow, and underscores our constant commitment to enhancing stockholder value," said Shane Evangelist, Chief Executive Officer of U.S. Auto Parts.
The repurchase program is expected to continue through March 4, 2017 unless extended or shortened by the board of directors.
In addition, U.S. Auto Parts has amended its credit agreement with JPMorgan Chase to, among other things, extend the term of the agreement for an additional three years through April 26, 2020.
U.S. Auto Parts CFO Neil Watanabe commented: "This extension speaks to the confidence our commercial banking partner has in our organization. We look forward to continuing our partnership with JPMorgan Chase as they provide us with the flexibility to support our growing business."
Additional details regarding U.S. Auto Parts' amended credit agreement can be found on the Form 8-K filed today with the Securities and Exchange Commission.
http://www.streetinsider.com/
Zacks: U.S. Auto Parts Network Inc. (PRTS) Receives Average Rating of “Strong Buy” from Brokerages November 14th, 2016 - By Don March - 0 comments
Filed Under: Markets - Zacks Consensus Ratings
U.S. Auto Parts Network Inc. (NASDAQRTS) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus price objective of $4.25 for the company and are predicting that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also assigned U.S. Auto Parts Network an industry rank of 182 out of 265 based on the ratings given to related companies.
PRTS has been the topic of several recent research reports. Zacks Investment Research downgraded shares of U.S. Auto Parts Network from a “buy” rating to a “hold” rating in a research report on Thursday, November 3rd. Roth Capital set a $4.00 target price on shares of U.S. Auto Parts Network and gave the company a “buy” rating in a research note on Monday, October 24th.
Shares of U.S. Auto Parts Network (NASDAQRTS) traded up 4.71% during trading on Monday, hitting $2.67. 74,703 shares of the company traded hands. The firm has a 50 day moving average price of $3.06 and a 200-day moving average price of $3.58. U.S. Auto Parts Network has a one year low of $2.30 and a one year high of $4.49. The stock has a market cap of $93.39 million, a price-to-earnings ratio of 68.46 and a beta of 1.19.
U.S. Auto Parts Network (NASDAQRTS) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $73.50 million for the quarter, compared to the consensus estimate of $73.47 million. U.S. Auto Parts Network had a net margin of 0.54% and a return on equity of 6.76%. U.S. Auto Parts Network’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.01 EPS. Analysts predict that U.S. Auto Parts Network will post $0.06 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in PRTS. Morgan Stanley boosted its position in U.S. Auto Parts Network by 5.2% in the third quarter. Morgan Stanley now owns 136,911 shares of the company’s stock valued at $450,000 after buying an additional 6,762 shares during the last quarter. Acrospire Investment Management LLC boosted its position in U.S. Auto Parts Network by 183.9% in the third quarter. Acrospire Investment Management LLC now owns 59,378 shares of the company’s stock valued at $195,000 after buying an additional 38,466 shares during the last quarter. Spark Investment Management LLC boosted its position in U.S. Auto Parts Network by 303.5% in the third quarter. Spark Investment Management LLC now owns 160,200 shares of the company’s stock valued at $527,000 after buying an additional 120,500 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of U.S. Auto Parts Network by 5.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 233,618 shares of the company’s stock valued at $769,000 after buying an additional 12,717 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of U.S. Auto Parts Network by 778.5% in the third quarter. Acadian Asset Management LLC now owns 471,173 shares of the company’s stock valued at $1,551,000 after buying an additional 417,537 shares in the last quarter. 59.37% of the stock is currently owned by hedge funds and other institutional investors.
About U.S. Auto Parts Network
U.S. Auto Parts Network, Inc is an online source for automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs.
Get a free copy of the Zacks research report on U.S. Auto Parts Network (PRTS)
Filed Under: Markets - Zacks Consensus Ratings
RTS) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating. Brokerages have set a one year consensus price objective of $4.25 for the company and are predicting that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also assigned U.S. Auto Parts Network an industry rank of 182 out of 265 based on the ratings given to related companies.
PRTS has been the topic of several recent research reports. Zacks Investment Research downgraded shares of U.S. Auto Parts Network from a “buy” rating to a “hold” rating in a research report on Thursday, November 3rd. Roth Capital set a $4.00 target price on shares of U.S. Auto Parts Network and gave the company a “buy” rating in a research note on Monday, October 24th.
Shares of U.S. Auto Parts Network (NASDAQ
RTS) traded up 4.71% during trading on Monday, hitting $2.67. 74,703 shares of the company traded hands. The firm has a 50 day moving average price of $3.06 and a 200-day moving average price of $3.58. U.S. Auto Parts Network has a one year low of $2.30 and a one year high of $4.49. The stock has a market cap of $93.39 million, a price-to-earnings ratio of 68.46 and a beta of 1.19. U.S. Auto Parts Network (NASDAQ
RTS) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $73.50 million for the quarter, compared to the consensus estimate of $73.47 million. U.S. Auto Parts Network had a net margin of 0.54% and a return on equity of 6.76%. U.S. Auto Parts Network’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.01 EPS. Analysts predict that U.S. Auto Parts Network will post $0.06 EPS for the current year. A number of institutional investors have recently added to or reduced their stakes in PRTS. Morgan Stanley boosted its position in U.S. Auto Parts Network by 5.2% in the third quarter. Morgan Stanley now owns 136,911 shares of the company’s stock valued at $450,000 after buying an additional 6,762 shares during the last quarter. Acrospire Investment Management LLC boosted its position in U.S. Auto Parts Network by 183.9% in the third quarter. Acrospire Investment Management LLC now owns 59,378 shares of the company’s stock valued at $195,000 after buying an additional 38,466 shares during the last quarter. Spark Investment Management LLC boosted its position in U.S. Auto Parts Network by 303.5% in the third quarter. Spark Investment Management LLC now owns 160,200 shares of the company’s stock valued at $527,000 after buying an additional 120,500 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of U.S. Auto Parts Network by 5.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 233,618 shares of the company’s stock valued at $769,000 after buying an additional 12,717 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of U.S. Auto Parts Network by 778.5% in the third quarter. Acadian Asset Management LLC now owns 471,173 shares of the company’s stock valued at $1,551,000 after buying an additional 417,537 shares in the last quarter. 59.37% of the stock is currently owned by hedge funds and other institutional investors.
About U.S. Auto Parts Network
U.S. Auto Parts Network, Inc is an online source for automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs.
Get a free copy of the Zacks research report on U.S. Auto Parts Network (PRTS)
