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AutoNation (NYSE:AN) COO Michael E. Maroone sold 220,250 shares of the company’s stock on the open market in a transaction dated Thursday, August 28th. The shares were sold at an average price of $53.94, for a total value of $11,880,285.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

AutoNation (NYSE:AN) traded up 0.74% on Friday, hitting $54.25. The stock had a trading volume of 988,415 shares. AutoNation has a 52 week low of $45.28 and a 52 week high of $61.29. The stock has a 50-day moving average of $55.65 and a 200-day moving average of $54.86. The company has a market cap of $6.431 billion and a P/E ratio of 16.57.

AutoNation (NYSE:AN) last issued its quarterly earnings data on Thursday, July 17th. The company reported $0.83 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.86 by $0.03. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.79 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Analysts expect that AutoNation will post $3.34 EPS for the current fiscal year.

A number of analysts have recently weighed in on AN shares. Analysts at Zacks reiterated a “neutral” rating on shares of AutoNation in a research note on Thursday. They now have a $57.00 price target on the stock. Analysts at Goldman Sachs upgraded shares of AutoNation from a “neutral” rating to a “buy” rating in a research note on Friday, June 20th. They now have a $65.00 price target on the stock, up previously from $56.00. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $53.80.

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

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