341,200 Shares in CarParts.com, Inc. (NASDAQ:PRTS) Bought by AMH Equity Ltd

AMH Equity Ltd bought a new position in shares of CarParts.com, Inc. (NASDAQ:PRTS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 341,200 shares of the specialty retailer's stock, valued at approximately $368,000. AMH Equity Ltd owned approximately 0.59% of CarParts.com as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Thompson Davis & CO. Inc. acquired a new stake in CarParts.com during the fourth quarter worth about $27,000. XTX Topco Ltd grew its position in CarParts.com by 14.9% during the third quarter. XTX Topco Ltd now owns 78,917 shares of the specialty retailer's stock worth $72,000 after buying an additional 10,230 shares in the last quarter. Williams & Novak LLC grew its position in CarParts.com by 19.2% during the fourth quarter. Williams & Novak LLC now owns 151,500 shares of the specialty retailer's stock worth $164,000 after buying an additional 24,400 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in CarParts.com by 40.1% during the third quarter. Assenagon Asset Management S.A. now owns 275,470 shares of the specialty retailer's stock worth $250,000 after purchasing an additional 78,866 shares during the period. Finally, FMR LLC lifted its stake in CarParts.com by 26.6% during the third quarter. FMR LLC now owns 426,441 shares of the specialty retailer's stock worth $386,000 after purchasing an additional 89,645 shares during the period. 75.30% of the stock is owned by institutional investors and hedge funds.

CarParts.com Price Performance

PRTS traded down $0.01 during midday trading on Friday, reaching $0.97. 460,841 shares of the company's stock were exchanged, compared to its average volume of 452,775. The firm has a market capitalization of $55.64 million, a price-to-earnings ratio of -1.80 and a beta of 2.02. The company has a quick ratio of 0.57, a current ratio of 1.62 and a debt-to-equity ratio of 0.10. CarParts.com, Inc. has a one year low of $0.68 and a one year high of $2.68. The business has a 50-day simple moving average of $1.11 and a two-hundred day simple moving average of $0.97.

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Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of CarParts.com from a "sell" rating to a "hold" rating in a research note on Tuesday, November 12th.

CarParts.com Company Profile

CarParts.com, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories.