US Auto Parts Network Inc (NASDAQ:PRTS) Stock Price Down as Sentiment Worsens

Sentiment for US Auto Parts Network Inc (NASDAQ:PRTS)

US Auto Parts Network Inc (NASDAQ:PRTS) institutional sentiment decreased to 0.59 in 2018 Q3. Its down -0.22, from 0.81 in 2018Q2. The ratio worsened, as 10 hedge funds started new or increased stock positions, while 17 reduced and sold stakes in US Auto Parts Network Inc. The hedge funds in our partner’s database now possess: 12.42 million shares, down from 13.54 million shares in 2018Q2. Also, the number of hedge funds holding US Auto Parts Network Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 11 Increased: 5 New Position: 5.

U.S. Auto Parts Network, Inc., together with its subsidiaries, operates as an online well-known provider of aftermarket auto parts and accessories primarily in the United States and the Philippines. The company has market cap of $37.44 million. The firm operates through two divisions, Base USAP and AutoMD. It currently has negative earnings. It offers collision parts, such as parts for the exterior of an automobile; mirror products; engine parts comprising engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual clients through its network of E-commerce Websites and online marketplaces.

The stock increased 2.88% or $0.03 during the last trading session, reaching $1.07. About 17,526 shares traded. U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) has declined 38.05% since January 14, 2018 and is downtrending. It has underperformed by 38.05% the S&P500.

Analysts await U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) to report earnings on March, 14. After $0.01 actual EPS reported by U.S. Auto Parts Network, Inc. for the previous quarter, Wall Street now forecasts -200.00 % negative EPS growth.

Harbourvest Partners Llc holds 2.07% of its portfolio in U.S. Auto Parts Network, Inc. for 1.48 million shares. Cannell Capital Llc owns 1.18 million shares or 0.48% of their US portfolio. Moreover, North Star Investment Management Corp. has 0.3% invested in the company for 1.73 million shares. The Massachusetts-based Portolan Capital Management Llc has invested 0.27% in the stock. Perritt Capital Management Inc, a Illinois-based fund reported 480,400 shares.

Since January 1, 0001, it had 3 insider purchases, and 1 insider sale for $1.69 million activity.

U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) Institutional Positions Chart

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