Michael Huffaker Purchases 7,548 Shares of CarParts.com (NASDAQ:PRTS) Stock

Posted by Geri Gentry on Sep 2nd, 2026

CarParts.com, Inc. (NASDAQ:PRTS – Get Free Report) COO Michael Huffaker acquired 7,548 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was acquired at an average cost of $7.16 per share, for a total transaction of $54,043.68. Following the completion of the transaction, the chief operating officer directly owned 60,102 shares in the company, valued at $430,330.32. This represents a 14.36% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Michael Huffaker also recently made the following trade(s):

On Thursday, August 27th, Michael Huffaker purchased 4,614 shares of CarParts.com stock. The stock was acquired at an average price of $6.88 per share, with a total value of $31,744.32.

CarParts.com Stock Up 3.5%

PRTS stock opened at $7.48 on Wednesday. The stock has a market capitalization of $60.36 million, a P/E ratio of -1.73 and a beta of 0.71. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.67 and a quick ratio of 0.66. CarParts.com, Inc. has a 1-year low of $3.72 and a 1-year high of $13.60. The business has a fifty day moving average price of $5.99 and a 200-day moving average price of $6.95.

CarParts.com (NASDAQ:PRTS – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The specialty retailer reported ($0.43) EPS for the quarter, beating the consensus estimate of ($0.85) by $0.42. CarParts.com had a negative return on equity of 47.19% and a negative net margin of 5.35%.The company had revenue of $135.64 million for the quarter, compared to analysts’ expectations of $129.04 million.

Institutional Trading of CarParts.com

Several large investors have recently modified their holdings of PRTS. State Street Corp increased its position in CarParts.com by 13.2% during the fourth quarter. State Street Corp now owns 237,938 shares of the specialty retailer’s stock valued at $119,000 after acquiring an additional 27,800 shares during the last quarter. Jane Street Group LLC bought a new position in CarParts.com in the second quarter valued at about $25,000. Renaissance Technologies LLC boosted its position in CarParts.com by 2.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,352,700 shares of the specialty retailer’s stock worth $676,000 after purchasing an additional 35,900 shares during the last quarter. Williams & Novak LLC grew its stake in shares of CarParts.com by 27.7% during the 4th quarter. Williams & Novak LLC now owns 188,500 shares of the specialty retailer’s stock valued at $94,000 after purchasing an additional 40,900 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of CarParts.com during the 4th quarter valued at about $25,000. Institutional investors own 75.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Royal Bank Of Canada lifted their price target on shares of CarParts.com from $5.00 to $6.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Weiss Ratings restated a “sell (e+)” rating on shares of CarParts.com in a research report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $6.00.

Check Out Our Latest Report on PRTS

Key CarParts.com News

Here are the key news stories impacting CarParts.com this week:

Positive Sentiment: CEO David Meniane bought 4,612 shares at $6.88 on August 27 and another 7,552 shares at $7.16 on August 28, investing approximately $85,803 in total. His ownership increased by roughly 5.9%. CarParts.com CEO Acquires 4,612 Shares
Positive Sentiment: COO Michael Huffaker also purchased 4,614 shares at $6.88 and 7,548 shares at $7.16, investing approximately $85,788 and increasing his position by more than 25% across the two transactions. The coordinated buying by the CEO and COO may reinforce investor confidence in management’s outlook. CarParts.com Insider Purchases
Neutral Sentiment: CarParts.com’s latest quarterly results exceeded expectations: revenue was $135.64 million versus the $129.04 million consensus estimate, while its $0.43 adjusted loss per share was narrower than the expected $0.85 loss. The company nevertheless remains unprofitable, with a negative net margin and return on equity.
Negative Sentiment: Analyst coverage remains unfavorable. CarParts.com has a consensus “Reduce” rating, an average price target of $6.00, and ratings of Hold and Sell from the two tracked analysts. Weiss Ratings also reaffirmed a Sell rating. CarParts.com Analysis

CarParts.com Company Profile

(Get Free Report)

CarParts.com, Inc operates as a leading online retailer of aftermarket automotive parts and accessories in the United States. Through its flagship website CarParts.com and affiliated e-commerce platforms, the company offers replacement components, performance upgrades, maintenance items and collision repair parts for a wide range of domestic and import vehicles. Its product catalog includes engine parts, exterior and interior accessories, lighting, braking systems and powertrain components, supported by an extensive inventory and proprietary order management system.

Founded in 1995 by George Chamoun and headquartered in Torrance, California, CarParts.com has grown from a regional auto parts supplier into a national e-commerce platform.