AutoZone, Inc. (NYSE:AZO) Director William Andrew Mckenna sold 3,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $584.96, for a total value of $1,754,880.00. Following the sale, the director now directly owns 8,131 shares in the company, valued at $4,756,309.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

William Andrew Mckenna also recently made the following trade(s):

  • On Thursday, July 13th, William Andrew Mckenna bought 300 shares of AutoZone stock. The shares were bought at an average cost of $507.00 per share, for a total transaction of $152,100.00.

AutoZone, Inc. (NYSE AZO) traded up 1.33% during trading on Friday, hitting $595.11. The stock had a trading volume of 457,256 shares. AutoZone, Inc. has a 12-month low of $491.13 and a 12-month high of $813.70. The stock’s 50 day moving average price is $534.42 and its 200 day moving average price is $611.55. The firm has a market cap of $16.56 billion, a P/E ratio of 13.50 and a beta of 0.62.

AutoZone (NYSE:AZO) last released its quarterly earnings results on Tuesday, September 19th. The company reported $15.18 earnings per share for the quarter, topping analysts’ consensus estimates of $15.11 by $0.07. The business had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.49 billion. AutoZone had a negative return on equity of 74.48% and a net margin of 11.76%. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $14.30 EPS. On average, analysts anticipate that AutoZone, Inc. will post $46.98 EPS for the current fiscal year.

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AZO has been the topic of several analyst reports. ValuEngine lowered AutoZone from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. TheStreet raised AutoZone from a “d+” rating to a “c” rating in a report on Wednesday, June 7th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of AutoZone in a report on Tuesday, June 20th. Wedbush reaffirmed a “neutral” rating on shares of AutoZone in a report on Thursday, July 6th. Finally, Morgan Stanley lowered AutoZone from an “overweight” rating to an “equal weight” rating in a report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $742.38.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American Beacon Advisors Inc. acquired a new stake in shares of AutoZone in the 1st quarter worth approximately $104,000. Fieldpoint Private Securities LLC acquired a new stake in shares of AutoZone in the 2nd quarter worth approximately $114,000. Alpha Windward LLC grew its holdings in shares of AutoZone by 3.2% in the 2nd quarter. Alpha Windward LLC now owns 259 shares of the company’s stock worth $148,000 after acquiring an additional 8 shares during the period. Salem Investment Counselors Inc. grew its holdings in shares of AutoZone by 3.5% in the 2nd quarter. Salem Investment Counselors Inc. now owns 264 shares of the company’s stock worth $151,000 after acquiring an additional 9 shares during the period. Finally, Colony Group LLC acquired a new stake in shares of AutoZone in the 1st quarter worth approximately $205,000. Institutional investors and hedge funds own 96.08% of the company’s stock.

About AutoZone

Autozone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil.

Insider Buying and Selling by Quarter for AutoZone (NYSE:AZO)

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