Strong Earnings Reported by Advance Auto Parts Despite Reduced Stake in Q4

Shirley Beal

On the closing day of the fourth quarter, Allspring World wide Investments Holdings LLC discovered that it experienced diminished its stake in Advance Auto Pieces, Inc. by 61.{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377}, according to the SEC’s most the latest 13F submitting. The institutional trader offered off 69,647 shares of the company’s inventory, leaving them […]

Advance Auto Parts Offers $50,000 to Most Popular NASCAR Home Track through “Advance My Track Challenge”

Shirley Beal

Progress will award dollars prize to regional NASCAR brief monitor acquiring the most supporter votes on AdvanceMyTrack.com RALEIGH, N.C., April 04, 2023–(Business enterprise WIRE)–Progress Car Pieces (NYSE: AAP), a main automotive aftermarket pieces service provider and the official car pieces retailer of NASCAR, declared that voting is live for its […]

Risk-Reward With Advance Auto – GuruFocus.com

Shirley Beal

In the past 52 months, shares of Advance Auto Sections (AAP, Economical) are down 42{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377}. Is this truthful, or is it absolutely out of touch with the serious price of the enterprise? AAP Knowledge by GuruFocus Progress Vehicle Areas is a primary retailer of automotive aftermarket parts and components in […]

Advance Auto Parts, Inc. (NYSE:AAP) Shares Could Be 31{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377} Below Their Intrinsic Value Estimate

Shirley Beal

Key Insights The projected fair value for Advance Auto Parts is US$176 based on 2 Stage Free Cash Flow to Equity Current share price of US$122 suggests Advance Auto Parts is potentially 31{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377} undervalued Analyst price target for AAP is US$155 which is 12{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377} below our fair value estimate In […]

Advisors Capital Management LLC Buys 7,139 Shares of Advance Auto Parts, Inc. (NYSE:AAP)

Shirley Beal

Advisors Capital Management LLC raised its stake in shares of Advance Auto Parts, Inc. (NYSE:AAP – Get Rating) by 14.3{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377} in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,931 shares of the company’s stock after purchasing an additional […]