Tag: auto accessories garage

2 Stocks in Focus as Auto Retail Parts Industry Stays Resilient – April 10, 2023

By on May 16, 2023

Strong pent-up vehicle demand amid improving inventory levels is supporting the prospects of the Zacks Automotive- Retail and Wholesale- Parts industry. The introduction of more complex and high-tech vehicles has led consumers to take more professional help, thereby opening up new opportunities for the industry participants. The auto retail parts industry needs to chalk out a detailed roadmap to make the most of the opportunities amid the changing market scenario. Industry players like O’Reilly Automotive (ORLY Quick QuoteORLY – Free Report) and AutoZone (AZO Quick QuoteAZO – Free Report) are worth adding to your watchlist now. Industry Overview The Zacks…

Signaturefd LLC Acquires 1,519 Shares of Rivian Automotive, Inc. (NASDAQ:RIVN)

By on April 17, 2023

Signaturefd LLC raised its holdings in Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) by 12.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,699 shares of the electric vehicle automaker’s stock after purchasing an additional 1,519 shares during the period. Signaturefd LLC’s holdings in Rivian Automotive were worth $252,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of RIVN. BlackRock Inc. boosted its holdings in Rivian Automotive by 44.7% in the 3rd quarter. BlackRock Inc.…