Advance Auto Ownership
| AAP Stock | USD 37.64 0.72 1.95% |
Shares in Circulation | First Issued 2001-03-31 | Previous Quarter 59.9 M | Current Value 60 M | Avarage Shares Outstanding 83.2 M | Quarterly Volatility 17.8 M |
Advance |
Advance Stock Ownership Analysis
About 98.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. Advance Auto Parts has Price/Earnings To Growth (PEG) ratio of 0.48. The entity recorded a loss per share of 9.84. The firm last dividend was issued on the 11th of April 2025. Advance Auto 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 https://shop.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 Liabilities And Stockholders Equity |
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Advance Auto Insider Trades History
Only 1.51% 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%. View all of Advance Auto's insider trades
Advance Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Advance Auto is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Advance Auto Parts backward and forwards among themselves. Advance Auto's institutional investor refers to the entity that pools money to purchase Advance Auto's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royce & Associates, Lp | 2024-12-31 | 1.4 M | Marshall Wace Asset Management Ltd | 2024-12-31 | 1.4 M | Thrivent Financial For Lutherans | 2024-12-31 | 1.3 M | Ubs Group Ag | 2024-12-31 | 1.3 M | Estuary Capital Management, Lp | 2024-12-31 | 955.1 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 952.1 K | Geode Capital Management, Llc | 2024-12-31 | 938.2 K | American Century Companies Inc | 2024-12-31 | 804.8 K | Legion Partners Asset Management, Llc | 2024-12-31 | 800.8 K | Blackrock Inc | 2024-12-31 | 7.4 M | T. Rowe Price Associates, Inc. | 2024-12-31 | 6.7 M |
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.
Advance Auto's latest congressional trading
Congressional trading in companies like Advance Auto Parts, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Advance Auto by those in governmental positions are based on the same information available to the general public.
| 2023-03-14 | Representative Michael C Burgess | Acquired $15K to $50K | Verify | ||
| 2018-09-25 | Representative Carlos Curbelo | Acquired Under $15K | Verify |
Advance Auto Outstanding Bonds
Advance Auto issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Advance Auto Parts uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Advance bonds can be classified according to their maturity, which is the date when Advance Auto Parts has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| AAP 59 09 MAR 26 Corp BondUS00751YAH99 | View | |
| AAP 35 15 MAR 32 Corp BondUS00751YAG17 | View | |
| US00751YAF34 Corp BondUS00751YAF34 | View | |
| US00751YAE68 Corp BondUS00751YAE68 | View | |
| AAP 595 09 MAR 28 Corp BondUS00751YAJ55 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Advance Auto Corporate Filings
8K | 20th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 18th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 4th of March 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 12th of February 2025 Other Reports | ViewVerify |
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 Stock
Moving against Advance Stock
| 0.6 | AZO | AutoZone | PairCorr |
| 0.55 | HAS | Hasbro Inc | PairCorr |
| 0.44 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.39 | PDD | PDD Holdings Buyout Trend | PairCorr |
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 instruments. 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.Additional Tools for Advance Stock Analysis
When running Advance Auto's price analysis, check to measure Advance Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.