Advance Auto Ownership

AAP
 Stock
  

USD 196.51  1.82  0.93%   

Some institutional investors establish a significant position in stocks such as Advance Auto in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Advance Auto, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Please continue to Trending Equities.
  
As of 11th of August 2022, Payment of Dividends and Other Cash Distributions is likely to grow to about (94 M). In addition to that, Dividend Yield is likely to drop to 0.007895. Advance Auto Weighted Average Shares is very stable at the moment as compared to the past year. Advance Auto reported last year Weighted Average Shares of 64.03 Million. As of 11th of August 2022, Weighted Average Shares Diluted is likely to grow to about 72.8 M, though Issuance Purchase of Equity Shares is likely to grow to (482.6 M).
Advance Auto Parts retains a total of 62.36 Million outstanding shares. The majority of Advance Auto Parts outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Advance Auto Parts to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Advance Auto. Please pay attention to any change in the institutional holdings of Advance Auto Parts as this could imply that something significant has changed or about to change at the company. Also note that nearly two million four hundred ninety-four thousand four hundred invesors are currently shorting Advance Auto expressing very little confidence in its future performance.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.

Advance Stock Ownership Analysis

About 104.0% of the company shares are held by institutions such as insurance companies. The book value of Advance Auto was presently reported as 51.66. The company has Price/Earnings To Growth (PEG) ratio of 1.25. Advance Auto Parts recorded earning per share (EPS) of 9.82. The entity last dividend was issued on the 16th of June 2022. The firm had 3:2 split on the 26th of September 2005. Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. Advance Auto operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 41000 people. For more info on Advance Auto Parts please contact Thomas Greco at 540 362-4911 or go to www.AdvanceAutoParts.com.
Besides selling stocks to institutional investors, Advance Auto also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Advance Auto's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Advance Auto's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Advance Auto Quarterly Share Based Compensation

16.98 Million

Less than 1% of Advance Auto Parts are currently held by insiders. Unlike Advance Auto's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Advance Auto's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%.

Advance Auto SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Advance Auto prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Advance Auto investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Advance Auto Parts specific information freely available to individual and institutional investors to make a timely investment decision.
24th of May 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders
View
10th of February 2022
Unclassified Corporate Event
View

Advance Auto Parts Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Advance Auto insiders, such as employees or executives, is commonly permitted as long as it does not rely on Advance Auto's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Advance Auto insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sherice Torres over a month ago via Macroaxis 
Acquisition by Sherice Torres of tradable shares of Advance Auto subject to Rule 16b-3
Jason McDonell over two months ago via Macroaxis 
Payment of tradable shares by Jason McDonell of Advance Auto subject to Rule 16b-3
Sherice Torres over two months ago via Macroaxis 
Acquisition by Sherice Torres of 855 shares of Advance Auto subject to Rule 16b-3
Jeffrey Jones over three months ago via Macroaxis 
Acquisition by Jeffrey Jones of tradable shares of Advance Auto subject to Rule 16b-3
Jason McDonell over three months ago via Macroaxis 
Payment of 277 shares by Jason McDonell of Advance Auto subject to Rule 16b-3
Michael Creedon over three months ago via Macroaxis 
Payment of tradable shares by Michael Creedon of Advance Auto subject to Rule 16b-3
Douglas Pertz over six months ago via Macroaxis 
Acquisition by Douglas Pertz of tradable shares of Advance Auto subject to Rule 16b-3
Sherice Torres over six months ago via Macroaxis 
Acquisition by Sherice Torres of 446 shares of Advance Auto subject to Rule 16b-3
Reuben Slone over six months ago via Macroaxis 
Payment of 420 shares by Reuben Slone of Advance Auto subject to Rule 16b-3
Sharon McCollam over six months ago via Macroaxis 
Acquisition by Sharon McCollam of tradable shares of Advance Auto subject to Rule 16b-3
Michael Creedon over six months ago via Macroaxis 
Advance Auto exotic insider transaction detected
Arthur Valdez over six months ago via Macroaxis 
Acquisition by Arthur Valdez of tradable shares of Advance Auto subject to Rule 16b-3

Advance Auto Investors Sentiment

The influence of Advance Auto's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Advance. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Advance Auto's public news can be used to forecast risks associated with investment in Advance. The trend in average sentiment can be used to explain how an investor holding Advance can time the market purely based on public headlines and social activities around Advance Auto Parts. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Advance Auto's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Advance Auto's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Advance Auto's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Advance Auto.

Advance Auto Implied Volatility

    
  18.89  
Advance Auto's implied volatility exposes the market's sentiment of Advance Auto Parts stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Advance Auto's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Advance Auto stock will not fluctuate a lot when Advance Auto's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advance Auto in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advance Auto's short interest history, or implied volatility extrapolated from Advance Auto options trading.

Pair Trading with Advance Auto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advance Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advance Auto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Advance Auto

0.77BGFVBig 5 Sporting Normal TradingPairCorr
The ability to find closely correlated positions to Advance Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advance Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advance Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advance Auto Parts to buy it.
The correlation of Advance Auto is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advance Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advance Auto Parts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advance Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Advance Auto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advance Auto. If investors know Advance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advance Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.2
Market Capitalization
11.6 B
Quarterly Revenue Growth YOY
0.013
Return On Assets
0.0434
Return On Equity
0.18
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.