3 Daniel Loeb Advance Auto Parts Trades
Daniel Loeb acquired 1.5 Million Advance Auto Parts shares worth $58.2 Million. That's 0.70% of their equity portfolio (28th largest holding). The investor owns 1.62% of the outstanding Advance Auto Parts stock. The first Advance Auto Parts trade was made in Q2 2012. Since then Daniel Loeb bought shares one more times and sold shares on one occasions. The investor's estimated purchase price is $104 Million, resulting in a loss of 44%.
News about Advance Auto Parts Inc and Daniel Loeb
Forget Carvana: Billionaire Investor Dan Loeb Just Bought This Other Inflation-Proof Car Stock Instead
Lingering inflation and elevated interest rates have taken a toll on car sales. This dynamic benefits retailers of automotive equipment and maintenance provi...
Does Advance Auto Parts (AAP) have Considerable Upside Potential?
Third Point Management, a New York-based investment advisor, released its first-quarter 2024 investor letter. A copy of the same can be downloaded here. The ...
Third Point - Advance Auto Parts: Worldpac Sale A Near-Term Catalyst To Unlock Significant Value
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Third Point’s Dan Loeb adds to its investment in Advance Auto Parts
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