President and CEO of Advance Auto Parts Inc. (AAP) Darren R Jackson sells 4,464 shares of AAP on 03/06/2012 at an average price of $86.02 a share.

Advance Auto Pt has a market cap of $6.31 billion; its shares were traded at around $86.8 with a P/E ratio of 16.9 and P/S ratio of 1. The dividend yield of Advance Auto Pt stocks is 0.3%. Advance Auto Pt had an annual average earning growth of 14.4% over the past 10 years. GuruFocus rated Advance Auto Pt the business predictability rank of 4.5-star.


This is the insider trade history vs. stock price of AAP. For the complete insider trading history of AAP, click here.

Directors and Officers Recent Trades:

• Director Gilbert T Ray sold 4,033 shares of AAP stock on 03/05/2012 at the average price of 86.55. Gilbert T Ray owns at least 17,334 shares after this. The price of the stock has increased by 0.29% since.
• Director Jimmie L Wade sold 48,795 shares of AAP stock on 03/05/2012 at the average price of 86.3. Jimmie L Wade owns at least 43,543 shares after this. The price of the stock has increased by 0.58% since.
• SVP, Merchandising Charles E Tyson sold 14,169 shares of AAP stock on 03/02/2012 at the average price of 86.38. Charles E Tyson owns at least 4,457 shares after this. The price of the stock has increased by 0.49% since.
• SVP, General Counsel & Sec Sarah E Powell sold 5,806 shares of AAP stock on 12/08/2011 at the average price of 69.87. Sarah E Powell owns at least 3,465 shares after this. The price of the stock has increased by 24.23% since.
• Chief Development Officer Tamara A Kozikowski sold 2,328 shares of AAP stock on 12/07/2011 at the average price of 69.7. Tamara A Kozikowski owns at least 2,619 shares after this. The price of the stock has increased by 24.53% since.

For the complete insider trading history of AAP, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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