On November 26, 2024, Kristen Soler, Executive Vice President and Chief Human Resources Officer at Advance Auto Parts Inc, purchased 925 shares of the company. Following this transaction, the insider now holds a total of 16,240 shares. The purchase was documented in a SEC Filing. Advance Auto Parts Inc (AAP, Financial) is a leading automotive aftermarket parts provider in North America, serving both professional installers and do-it-yourself customers. The company offers a wide range of automotive parts, accessories, and maintenance items. The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been 11 insider buys and only 1 insider sell. This indicates a general confidence among insiders in the company's prospects.
On the day of the purchase, shares of Advance Auto Parts Inc were trading at $43.12, giving the stock a market cap of $2.47 billion. The company's price-earnings ratio stands at 56.64, which is higher than the industry median of 18.83 and also higher than the company's historical median price-earnings ratio. The stock's GF Value is estimated at $105.82, resulting in a price-to-GF-Value ratio of 0.41. This suggests that the stock is significantly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts. This insider buying activity by Kristen Soler, along with the valuation metrics, provides valuable insights into the current state and potential future performance of Advance Auto Parts Inc.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.