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Insider Sell: EVP of U.S. Stores & CQ Ind. ...

Advance Auto Parts Inc (NYSE:AAP), a leading automotive aftermarket parts provider in North America, serves both professional installer and do-it-yourself customers. The company offers a broad range of replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy-duty trucks.According to a recent SEC Filing, Word Herman L Jr, the Executive Vice President of U.S. Stores & CQ Ind. for Advance Auto Parts Inc (NYSE:AAP), sold 1,858 shares of the company on March 21, 2024. This transaction has been part of a series of sales by the insider over the past year, with a total of 1,858 shares sold and no shares purchased during this period.

Insider Sell: EVP of U.S. Stores & CQ Ind. Word Herman L Jr Sells Shares of Advance Auto Parts Inc (AAP)
Insider Sell: EVP of U.S. Stores & CQ Ind. Word Herman L Jr Sells Shares of Advance Auto Parts Inc (AAP)

The insider transaction history for Advance Auto Parts Inc (NYSE:AAP) indicates a trend of more insider buying than selling over the past year, with 11 insider buys and only 1 insider sell recorded during this timeframe.Shares of Advance Auto Parts Inc (NYSE:AAP) were trading at $86.08 on the day of the insider's recent sale, resulting in a market capitalization of $5.107 billion.The stock's price-earnings ratio stands at 115.89, which is significantly above the industry median of 18.57 and also above the company's historical median price-earnings ratio.

Insider Sell: EVP of U.S. Stores & CQ Ind. Word Herman L Jr Sells Shares of Advance Auto Parts Inc (AAP)
Insider Sell: EVP of U.S. Stores & CQ Ind. Word Herman L Jr Sells Shares of Advance Auto Parts Inc (AAP)

Considering the current share price of $86.08 and the GuruFocus Value of $196.20, Advance Auto Parts Inc (NYSE:AAP) has a price-to-GF-Value ratio of 0.44, indicating that the stock is Significantly Undervalued according to the GF Value metric. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.