The CMO of CarPartscom (NASDAQ: PRTS) is Selling Shares

Yesterday, the CMO of CarPartscom (PRTSResearch Report), Houman Akhavan, sold shares of PRTS for $92.85K.

This is Akhavan’s first Sell trade following 9 Buy transactions. In addition to Houman Akhavan, 5 other PRTS executives reported Sell trades in the last month.

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Based on CarPartscom’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $158 million and quarterly net profit of $2.07 million. In comparison, last year the company earned revenue of $119 million and had a net profit of $1.57 million. The company has a one-year high of $23.26 and a one-year low of $9.39. Currently, CarPartscom has an average volume of 740.45K.

Houman Akhavan’s trades have generated a 85.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts. The firm’s flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories. The company was founded by Sol Khazani and Mehran Nia in 1995 and is headquartered in Carson, CA.