CarParts.com Inc (NASDAQ: PRTS)’s 10.89% Gain This Week Just Tells Us Something New

During the last session, CarParts.com Inc (NASDAQ:PRTS)’s traded shares were 0.78 million, with the beta value of the company hitting 2.07. At the end of the trading day, the stock’s price was $1.12, reflecting an intraday gain of 0.90% or $0.01. The 52-week high for the PRTS share is $3.65, that puts it down -225.89 from that peak though still a striking 39.29% gain since the share price plummeted to a 52-week low of $0.68. The company’s market capitalization is $64.28M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 474.95K shares over the past three months.

CarParts.com Inc (NASDAQ:PRTS) trade information

CarParts.com Inc (PRTS) registered a 0.90% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.90% in intraday trading to $1.12, hitting a weekly high. The stock’s 5-day price performance is 10.89%, and it has moved by 63.72% in 30 days. Based on these gigs, the overall price performance for the year is -64.89%. The short interest in CarParts.com Inc (NASDAQ:PRTS) is 1.11 million shares and it means that shorts have 2.58 day(s) to cover.

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An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.12%. While earnings are projected to return -322.22% in 2024, the next five years will return 15.00% per annum.

PRTS Dividends

CarParts.com Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

CarParts.com Inc (NASDAQ:PRTS)’s Major holders

CarParts.com Inc insiders own 6.13% of total outstanding shares while institutional holders control 41.66%, with the float percentage being 44.38%. VANGUARD GROUP INC is the largest shareholder of the company, while 80.0 institutions own stock in it. As of 2024-06-30, the company held over 3.93 million shares (or 6.958% of all shares), a total value of $3.93 million in shares.

The next largest institutional holding, with 3.73 million shares, is of OAKTOP CAPITAL MANAGEMENT II, L.P.’s that is approximately 6.5929% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.73 million.

Also, the Mutual Funds coming in first place with the largest holdings of CarParts.com Inc (PRTS) shares are Vanguard Total Stock Market Index Fund and Vanguard Explorer Fund, Inc. . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.73 shares. This amounts to just over 3.01 percent of the company’s overall shares, with a $1.94 million market value. The same data shows that the other fund manager holds slightly less at 932.39, or about 1.62% of the stock, which is worth about $1.04 million.