Russell Investments Group Ltd. raised its position in shares of U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) by 19.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,006,159 shares of the specialty retailer’s stock after buying an additional 163,828 shares during the quarter. Russell Investments Group Ltd. owned about 2.83% of U.S. Auto Parts Network worth $2,907,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cadence Capital Management LLC raised its stake in U.S. Auto Parts Network by 5.7% during the second quarter. Cadence Capital Management LLC now owns 121,437 shares of the specialty retailer’s stock valued at $392,000 after buying an additional 6,512 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in U.S. Auto Parts Network by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 593,242 shares of the specialty retailer’s stock valued at $1,987,000 after buying an additional 7,437 shares in the last quarter. Northern Trust Corp raised its stake in U.S. Auto Parts Network by 47.4% during the second quarter. Northern Trust Corp now owns 44,015 shares of the specialty retailer’s stock valued at $142,000 after buying an additional 14,163 shares in the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new stake in U.S. Auto Parts Network during the second quarter valued at approximately $116,000. Finally, Archon Capital Management LLC raised its stake in U.S. Auto Parts Network by 6.6% during the second quarter. Archon Capital Management LLC now owns 586,538 shares of the specialty retailer’s stock valued at $1,895,000 after buying an additional 36,200 shares in the last quarter. Hedge funds and other institutional investors own 62.59% of the company’s stock.

Shares of U.S. Auto Parts Network, Inc. (NASDAQ PRTS) opened at $2.72 on Tuesday. U.S. Auto Parts Network, Inc. has a one year low of $2.01 and a one year high of $4.13. The stock has a market capitalization of $93.80, a P/E ratio of 52.80 and a beta of 1.28. The company has a current ratio of 1.29, a quick ratio of 0.25 and a debt-to-equity ratio of 0.20.

U.S. Auto Parts Network (NASDAQ:PRTS) last announced its quarterly earnings data on Monday, October 30th. The specialty retailer reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.01. U.S. Auto Parts Network had a return on equity of 7.54% and a net margin of 8.74%. The firm had revenue of $73.81 million for the quarter, compared to analysts’ expectations of $75.57 million. During the same quarter in the prior year, the firm posted $0.01 earnings per share. U.S. Auto Parts Network’s revenue for the quarter was up .5% compared to the same quarter last year. equities research analysts expect that U.S. Auto Parts Network, Inc. will post 0.71 EPS for the current fiscal year.

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U.S. Auto Parts Network Company Profile

U.S. Auto Parts Network, Inc is an online provider of automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. The Company operates through two segments: Base USAP, which is an auto parts business, and AutoMD, an online automotive repair source.

Institutional Ownership by Quarter for U.S. Auto Parts Network (NASDAQ:PRTS)

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