David Kanen Acquires 333,000 Shares of U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) Stock

U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) Director David Kanen purchased 333,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were acquired at an average price of $1.32 per share, for a total transaction of $439,560.00. Following the completion of the acquisition, the director now directly owns 173,514 shares of the company’s stock, valued at approximately $229,038.48. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. NASDAQ:PRTS opened at $1.65 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.07 and a quick ratio of 0.17. The business has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $1.15. U.S. Auto Parts Network, Inc. has a 1 year low of $0.88 and a 1 year high of $1.80. The company has a market capitalization of $59.82 million, a P/E ratio of -11.79 and a beta of 1.35. U.S. Auto Parts Network (NASDAQ:PRTS) last released its earnings results on Thursday, August 8th. The specialty retailer reported ($0.04) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.04). The...