Prts ,

[brucefan]

sorry about the typos in my prev. post, was too busy buying to concentrate



U.S. Auto Parts to Present at the 5th Annual Liolios Gateway Conference on September 8, 2016




GlobeNewswire•August 23, 2016 https://finance.yahoo.com/news/u-auto-parts-present-5th-123000256.html

 

[ShotgunPete]

Just bought in at 3.63 ,Thanks for all the info I hope it takes off.

 

[brucefan]

My confidence level is very high. I'm told there is 3 million share block worked on now. Volume above avg today

These free falls do technical damage but a little patience will pay off while this mess gets cleaned up

Should U.S. Auto Parts Network (PRTS) Be On Your Radar Now?

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.

So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is U.S. Auto Parts Network, Inc. PRTS. This Auto-Parts stock has actually seen estimates rise over the past month for the current fiscal year by about 25%. But that is not yet reflected in its price, as the stock lost 1.2% over the same time frame.

US AUTO PARTS Price and Consensus

<img class="Maw(100%)" src="http://l2.yimg.com/ny/api/res/1.2/jYIOpFLclto5pQQpp3dcIg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw/http://media.zenfs.com/en-US/homerun/zacks.com/c8e633a893d53a51f6a0b18c83a246db"/>View photos

http://finance.yahoo.com/news/u-auto-parts-network-prts-123912174.html


US AUTO PARTS Price and Consensus | US AUTO PARTS Quote
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 212.5%, which should ultimately translate into price appreciation.
And if this isn’t enough, PRTS currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider U.S. Auto Parts Network. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for PRTS and that now might be an interesting buying opportunity.

 

[brucefan]

INTERESTING ARTICLE FROM LAST YEAR (REMEMBER, THEY PAID DOWN THEIR DEBT SINCE THEN)



Estimates Private Market Value at $4.00 - $6.00 Per Share
LOS ANGELES, May 5, 2015 (GLOBE NEWSWIRE) -- Mehran Nia, the Co-Founder and former Chief Executive Officer at U.S. Auto Parts Network, Inc. ("US Auto Parts" or the "Company"), announced today that he has delivered a letter to the Company's Board of Directors (the "Board"). The letter notes that despite the Company's leading competitive position, its double-digit year-over-year revenue growth, and independent third-party projections indicating the industry will double within five years. Mr. Nia believes US Auto Parts will continue to remain significantly undervalued as a stand-alone publicly-traded enterprise.
To remedy the Company's undervaluation, Mr. Nia strongly recommends the Board retain a nationally recognized investment banking advisor to explore strategic alternatives to maximize shareholder value, including a potential sale. Based on discussions with potential strategic and financial buyers, Mr. Nia believes there are likely a number of parties who would be interested in acquiring US Auto Parts at a significant premium to its recent trading valuation.
Drawing on industry M&A valuation multiples and discussions Mr. Nia has had with industry specialists, Mr. Nia believes the private market value of US Auto Parts in a sale transaction would be $4.00 - $6.00 per share.

 

[ShotgunPete]

Damn I hope I didn't jinx this stock since I have a history of it.
I bought Wingstop at 26 and 3 days later they announced they was selling 12 million shares at 24!!I bought more at 22 and sweated it out until it got over 31 and sold.

It was weird though because I just went to Zack's and seen the strong buy and low and behold I come down here and see this thread about it that was started way before then so I jumped on it.
Still think it's going to go up sooner rather then later .....option B is should I be prepared to buy some more at around 3.25???or where do you see it bottoming out at??

Thanks for all the time, info and help.

 

[brucefan]

Selling is drying up, good support at 3.40-3.50 . Volume decreasing after the big spike down .

The stock is probably sideways to higher until these share get done. There are funds anxious to buy, but have to wait for the registration to clear

Great area to accumulate shares, and if this was the true overhang, this stock even without a buyout will hit our targets even more quickly

 

[brucefan]

I'm told again there was a cost savings in doing this joint registration, but only 3 million are for sale from a 77 year old investor . Funds are anxious to buy and will .
Stock acting a little better today

 

[brucefan]

Maguire Financial, LP just provided an update on activist position in U.S. Auto Parts Network


Maguire Financial, LP just filed a "Statement of acquisition of beneficial ownership", which is also known as a 13D. In the filing, it appears as though Maguire Financial, LP claims to own 963,656 shares. This represents 2.8% of U.S. Auto Parts Network.

13F Owners as of June 30, 2016

Please note that managers are still filing for this period, the table below reflects the most up to date information available from the SEC


Download table to excel (members only)

Asset Manager	Shares	Portfolio Weight	Change	Float
Oak Management	9,419,675	11.29%	11.29%	63.30%
Lafitte Capital Management LP	2,455,906	6.39%	1.36%	16.50%
True Bearing Asset Management LP	140,868	2.93%	1.69%	0.95%
Cannell Capital LLC	1,002,301	1.61%	0.53%	6.73%
Perkins Capital Management	207,600	0.94%	0.10%	1.39%
Perritt Capital Management	360,000	0.37%	0.21%	2.42%
Coe Capital Management, LLC	209,708	0.29%	0.09%	1.41%
North Star Investment Management Corp	336,950	0.24%	0.08%	2.26%
Eam Investors, LLC	367,585	0.22%	0.22%	2.47%
White Pine Capital LLC	56,650	0.09%	-0.00%	0.38%
Tfs Capital LLC	121,305	0.09%	0.09%	0.82%
Acrospire Investment Management LLC	20,912	0.06%	0.06%	0.14%
William Blair Investment Management, LLC	2,311,233	0.04%	0.01%	15.53%
Cutter & Co Brokerage,	13,388	0.02%	0.02%	0.09%
Bridgeway Capital Management	313,151	0.02%	0.01%	2.10%
Spark Investment Management LLC	39,700	0.01%	0.00%	0.27%
Knight Holdco,	120,574	0.01%	0.01%	0.81%
Quantum Capital Management	14,186	0.01%	0.00%	0.10%
Renaissance Technologies LLC	856,404	0.01%	0.00%	5.75%
Gsa Capital Partners LLP	25,400	0.01%	0.01%	0.17%
Jacobs Levy Equity Management	65,000	0.01%	0.01%	0.44%
Blair William & Coil	100,152	0.00%	0.00%	0.67%
Springbok Capital Management, LLC	5,677	0.00%	0.00%	0.04%
Metlife Securities,	16,973	0.00%	0.00%	0.11%
Acadian Asset Management LLC	53,636	0.00%	0.00%	0.36%
Dimensional Fund Advisors LP	445,709	0.00%	0.00%	2.99%
Tower Research Capital LLC	1,721	0.00%	-0.00%	0.01%
Walleye Trading LLC	10,600	0.00%	0.00%	0.07%
Stifel Financial	29,600	0.00%	0.00%	0.20%
Deutsche Bank Ag	92,452	0.00%	0.00%	0.62%
Goldman Sachs Group	113,884	0.00%	0.00%	0.77%
Morgan Stanley	130,149	0.00%	0.00%	0.87%
Geode Capital Management LLC	84,303	0.00%	0.00%	0.57%
Millennium Management LLC	16,520	0.00%	0.00%	0.11%
California Public Employees Retirement System	24,500	0.00%	0.00%	0.16%
Blackrock Institutional Trust Company, NA	220,901	0.00%	0.00%	1.48%
Ladenburg Thalmann Financial Services	1,500	0.00%	0.00%	0.01%
Vanguard Group	362,911	0.00%	0.00%	2.44%
Blackrock Group	29,845	0.00%	0.00%	0.20%
Price T Rowe Associates MD	51,300	0.00%	0.00%	0.34%
Blackrock Fund Advisors	39,916	0.00%	0.00%	0.27%
Blackrock Advisors LLC	7,139	0.00%	0.00%	0.05%
Northern Trust	26,172	0.00%	0.00%	0.18%
Federated Investors Pa	2,318	0.00%	0.00%	0.02%
Blackrock Investment Management, LLC	2,480	0.00%	0.00%	0.02%
Wells Fargo & Comn	1,800	0.00%	0.00%	0.01%
Bank Of America De	2,000	0.00%	0.00%	0.01%
Jpmorgan Chase & Co	1,935	0.00%	0.00%	0.01%

 

[brucefan]

And the plot thickens

http://www.insidermonkey.com/insider-trading/filing-13dg/22013

 

[brucefan]

presenting tomorrow at the investor conference, stock has been stuck after the freak out moment from the stock registration

a good close over 3.85 will get us Going again

 

[brucefan]

Block that's for sale I'm told will go only above 4
all of a sudden seller is getting greedy? Lol

 

[Steiner69eR]

Good to hear. Thanks for the update.
Caught quick a Boss show...what an ending run there for the US stadium shows. 4+ hours!
Great W by the Birds too. My Bucs took care of business as well, so besides the small (temporarily) lull with PRTS, all is right!

 

[brucefan]

I ended up flying in to Pitt to catch that one and he didn't disappoint . Did you hit a philly show?

Saw about 6 innngs of a horrible Pirates game ( wanted to see the stadium so missed the birds, but pleasantly surprised with the results )

great show, with lots of Rising stuff added for 9/11

 

[brucefan]

Sent from my iPhone

 

[brucefan]

Gabelli & Company’s 40th Annual Automotive Aftermarket Symposium







September 22, 2016












RYE, N.Y.--(BUSINESS WIRE)--
Gabelli & Company will host its 40[SUP]th[/SUP] Annual Automotive Aftermarket Symposium on October 31 and November 1 in Las Vegas, Nevada. This conference showcases a full spectrum of leading automotive companies, including aftermarket parts retailers, original equipment & aftermarket parts suppliers, publicly traded dealership groups, and medium & heavy duty truck manufacturers. Presentations, fireside chats, and one-on-one meetings will be held from 12:00 p.m. PST on Monday, October 31 through 5:00 p.m. PST on Tuesday, November 1. The event occurs in conjunction with the AAPEX & SEMA industry trade shows. Investors should contact their salesperson for more information or to register.

Participating Companies
Autoliv Inc.				NYSE – ALV
AutoNation, Inc.				NYSE – AN
AutoZone, Inc.				NYSE – AZO
Axalta Coating Systems, Ltd.				NYSE - AXTA
CLARCOR Inc.				NYSE – CLC
Cooper Tire & Rubber Company				NYSE – CTB
Dana Incorporated				NYSE - D

Donaldson Company, Inc.				NYSE – DCI
Genuine Parts Company				NYSE - GPC
Lear Corporation				NYSE – LEA
Monro Muffler Brake, Inc.				NASDAQ - MNRO
Motorcar Parts of America, Inc.				NASDAQ - MPAA
Navistar International Corp.				NYSE - NAV
O’Reilly Automotive, Inc.				NASDAQ - ORLY
Penske Automotive Group, Inc.				NYSE - PAG
Rush Enterprises, Inc.				NASDAQ - RUSHA
Standard Motor Products, Inc.				NYSE - SMP
Stoneridge, Inc.				NYSE - SRI
Superior Industries International Inc.				NYSE - SUP
Tenneco, Inc.				NYSE - TEN
Tower International, Inc.				NYSE - TOWR
U.S. Auto Parts Network, Inc.				NASDAQ - PRTS
Uni-Select, Inc.				TSE - UNS

 

[brucefan]

At least it's a buy

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549​ STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940​	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person[SUP]*[/SUP] GREYSON JAY KEITH (Last) (First) (Middle) 16941 KEEGAN AVENUE (Street) CARSON CA 90746 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol U.S. Auto Parts Network, Inc. [ PRTS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year) 10/03/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code	V	Amount	(A) or (D)	Price
Common Stock	10/03/2016[SUP](1)[/SUP]		A[SUP](1)[/SUP]		718	A	$​ 3.26	5,334	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date (Month/Day/Year)	7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)	8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

 

[Steiner69eR]

^Thanks for the update. Looks like finally unloaded. Was thinking of costing down at these prices the last week or so. Sitting at an average of about $3.80. Thoughts?
Earnings coming out shortly, no?

 

[brucefan]

There are only 400k shares for sale now I hear . Earnings should be great , oct 31st

 

[Steiner69eR]

Tried to cost down at $3.21. Time to run with earnings coming up.

 

[brucefan]

The firm that ran into trouble is the seller . Supposedly they were offered 3.25 for the whole block and turned it down

Earnings Nov 1st before the market opens


U.S. Auto Parts Network Inc. (NASDAQ: PRTS -Free Report ) is a leading online provider of automotive aftermarket parts, including body parts, engine parts, performance parts and accessories. The company has its headquarters at Carson, CA. The stock has a VGM score of ‘A.’ Meanwhile, the Zacks Consensus Estimate for 2016 has increased by a couple of cents to 7 cents over the last 30 days.http://finance.yahoo.com/news/zacks-com-featured-highlights-aar-133001023.html