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AutoNation (NYSE:AN) major shareholder Edward S. Lampert sold 412,908 shares of AutoNation stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $57.12, for a total value of $23,585,304.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Several analysts have recently commented on the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of AutoNation in a research note on Wednesday, April 16th. They set a “market perform” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of AutoNation in a research note on Thursday, April 10th. They now have a $57.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $51.00.

AutoNation (NYSE:AN) traded down 0.26% during mid-day trading on Tuesday, hitting $56.90. 539,259 shares of the company’s stock traded hands. AutoNation has a one year low of $41.89 and a one year high of $57.93. The stock has a 50-day moving average of $55. and a 200-day moving average of $52.08. The company has a market cap of $6.794 billion and a price-to-earnings ratio of 18.11.

AutoNation (NYSE:AN) last announced its earnings results on Thursday, April 17th. The company reported $0.75 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.75. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.36 billion. During the same quarter in the prior year, the company posted $0.68 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. Analysts expect that AutoNation will post $3.39 EPS for the current fiscal year.

AutoNation, Inc (NYSE:AN) is an automotive retailer in the United States.

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