CEO Meniane David Buys $749K of CarParts.com Stock in Three Open-Market Purchases
PRTS has more than doubled off its 52-week low of $3.724 on elevated volume (4.0× avg).
Summary
CarParts.com CEO Meniane David bought $749K of stock in three open-market purchases from September 4-9, adding to a recent insider buying cluster.
Key Events · Ownership and Investor Activity · PRTS
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CEO Buys $749K in Open Market
Meniane David acquired 79,539 shares for $749,239.16 across three purchases on September 4, 8, and 9 at prices from $9.11 to $9.64.
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Insider Buying Cluster Continues
This follows $85.8K purchases by the CEO and COO in late August and a $64.8K director purchase, totaling over $1M in recent insider accumulation.
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Post-Transaction Holdings
David's direct holdings increased to 299,414 shares after the purchases.
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Turnaround Context
The buying follows Q2 2026 results showing positive Adjusted EBITDA and operating cash flow, plus a new $25M credit facility.
Analysis · PRTS · Trade & Services
CEO Meniane David bought $749,239 of CarParts.com stock across three open-market purchases from September 4 to September 9, paying $9.11 to $9.64 per share. This follows his $85.8K purchase in late August and a cluster of insider buying by the COO and a director, signaling strong executive conviction in the company's turnaround. The purchases represent nearly 1% of the company's market cap and bring his direct holdings to 299,414 shares.
How filings like this one have moved
In the 30 days to Oct 21, 2026, 37.2% of the 984 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.83%. 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 $10.15 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $80.7M. The 52-week trading range was $3.72 to $10.70. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.