Today’s Price Action: What’s U.S. Auto Parts Network, Inc. Downside After Today’s Significant Decline?

Today's Price Action: What's U.S. Auto Parts Network, Inc. Downside After Today's Significant Decline?

The stock of U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) is a huge mover today! About 64,342 shares traded hands or 7.92% up from the average. U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) has risen 3.65% since April 6, 2016 and is uptrending. It has outperformed by 1.69% the S&P500.
The move comes after 7 months negative chart setup for the $96.50M company. It was reported on Nov, 8 by Barchart.com. We have $2.45 PT which if reached, will make NASDAQ:PRTS worth $9.65 million less.

According to Zacks Investment Research, “US AUTO PARTS NETWORK, INC., is a leading online provider of automotive aftermarket parts, including body parts, engine parts, performance parts and accessories. Through the Company’s network of websites, U.S. Auto Parts provides individual consumers with a broad selection of competitively priced products that are mapped by a proprietary product database to product applications based on vehicle makes, models and years.”

Insitutional Activity: The institutional sentiment increased to 1.87 in Q2 2016. Its up 1.00, from 0.87 in 2016Q1. The ratio is positive, as 6 funds sold all U.S. Auto Parts Network, Inc. shares owned while 9 reduced positions. 13 funds bought stakes while 15 increased positions. They now own 8.58 million shares or 19.89% more from 7.16 million shares in 2016Q1.
Tfs Capital Limited Liability Company, a Pennsylvania-based fund reported 121,305 shares. The Texas-based Dimensional Fund Advisors Lp has invested 0% in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS). Blair William And Il last reported 100,152 shares in the company. Geode Cap Mgmt Lc owns 84,303 shares or 0% of their US portfolio. Deutsche Natl Bank Ag has invested 0% of its portfolio in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS). Moreover, North Star Invest Mngmt has 0.24% invested in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) for 336,950 shares. Renaissance Technology Ltd Llc accumulated 0.01% or 856,404 shares. Vanguard Group has 362,911 shares for 0% of their US portfolio. Moreover, Cutter Brokerage has 0.02% invested in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) for 13,388 shares. Perkins Cap Mngmt has 0.94% invested in the company for 207,600 shares. Stifel Financial Corp holds 0% or 29,600 shares in its portfolio. California Employees Retirement Sys accumulated 0% or 24,500 shares. Goldman Sachs Group holds 113,884 shares or 0% of its portfolio. Moreover, Morgan Stanley has 0% invested in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) for 130,149 shares. Quantum Management accumulated 0.01% or 14,186 shares.

More notable recent U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) news were published by: Prnewswire.com which released: “U.S. Auto Parts Network, Inc. Names Neil Watanabe, Chief Financial Officer” on March 23, 2015, also Prnewswire.com with their article: “U.S. Auto Parts Network, Inc. Reports Second Quarter 2015 Results” published on August 11, 2015, Latimes.com published: “US Auto Parts Network seeks fix for red ink” on November 10, 2014. More interesting news about U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) were released by: Prnewswire.com and their article: “U.S. Auto Parts Sets Third Quarter 2016 Conference Call for Tuesday, November …” published on October 05, 2016 as well as Streetinsider.com‘s news article titled: “U.S. Auto Parts Network (PRTS) co-Founder Nia Reccomends Company Explore Sale” with publication date: May 05, 2015.

PRTS Company Profile

U.S. Auto Parts Network, Inc., incorporated on February 27, 2006, is an online source for automotive aftermarket parts and repair information. The Firm is an online well-known provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. The Company’s Websites provide clients with a range of stock keeping units (SKUs) with detailed product descriptions, attributes and photographs. The Firm operates through two divisions: Base USAP, which is an auto parts business, and AutoMD, an online automotive repair source.

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