CEO Meniane David Buys $85.8K of CarParts.com Stock
PRTS sits 94% above its 52-week low of $3.724 on light trading volume (0.2× avg).
Summary
CarParts.com CEO Meniane David bought $85.8K of stock in two open-market purchases on August 27-28, adding to insider accumulation following a director's purchase earlier in August.
Key Events · Ownership and Investor Activity · PRTS
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CEO Buys $85.8K in Open Market
Meniane David purchased 12,164 shares for $85,803 in two transactions on August 27-28 at $6.88 and $7.16 per share.
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Insider Accumulation Continues
Follows director Barry Phelps' $64,767 open-market purchase on August 20-25, bringing 90-day insider buying to over $150K with no insider sales.
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Post-Transaction Holdings
CEO now directly holds 219,875 shares following the purchases.
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Context: Turnaround and Compliance
Purchases come after the company regained Nasdaq compliance in June and reported positive Adjusted EBITDA and operating cash flow in Q2 2026.
Analysis · PRTS · Trade & Services
CEO Meniane David bought 12,164 shares for $85,803 across two open-market purchases on August 27-28 at $6.88-$7.16 per share. This is real money out of pocket, not an option exercise, and follows a director's $64,767 purchase earlier in August. The insider accumulation comes after the company regained Nasdaq compliance and reported a Q2 turnaround with positive Adjusted EBITDA.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. 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 $7.23 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $58.3M. The 52-week trading range was $3.72 to $13.60. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.