CEO Meniane David Adds Another $133K to His CarParts.com Stake
PRTS has more than doubled off its 52-week low of $3.724 on elevated volume (8.7× avg).
Summary
CarParts.com CEO Meniane David bought $133,295 of stock on September 10, extending a multi-week insider buying streak.
Key Events · Ownership and Investor Activity · PRTS
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CEO Buys $133K of Stock
Meniane David purchased 13,250 shares at $10.06 on September 10, 2026, totaling $133,295 in a single open-market transaction.
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Insider Buying Streak Continues
This is David's third Form 4 in two weeks and follows $749K of purchases from September 4-9, bringing his recent buying to over $880K.
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Cluster of Insider Accumulation
Three insiders — CEO, COO, and a director — have bought over $1.9 million of stock in the past 90 days with no open-market sales.
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Post-Transaction Holdings
David now directly owns 312,664 shares following this purchase.
Analysis · PRTS · Trade & Services
CEO Meniane David bought 13,250 shares at $10.06 on September 10, adding $133,295 to a buying streak that now totals over $1.9 million across three insiders in the past 90 days. This is the third Form 4 from David in two weeks, and the second consecutive day of CEO buying after the September 4-9 cluster. The purchase price of $10.06 is above today's $8.86, but the transaction occurred today and the filing does not state the market price at execution, so no premium or discount can be inferred. The pattern of repeated open-market purchases by the CEO and COO suggests management sees the stock as undervalued following the Q2 2026 turnaround.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PRTS was trading at $8.86 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $70.1M. The 52-week trading range was $3.72 to $10.98. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.