AutoNation, Inc. (NYSE:AN) EVP Donna L. Parlapiano sold 3,367 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $51.81, for a total value of $174,444.27. Following the sale, the executive vice president now owns 11,469 shares in the company, valued at approximately $594,208.89. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of AutoNation, Inc. (AN) traded up $1.03 on Monday, hitting $52.48. The stock had a trading volume of 1,432,500 shares, compared to its average volume of 1,345,857. The firm has a market cap of $4,788.47, a P/E ratio of 13.60, a price-to-earnings-growth ratio of 2.19 and a beta of 1.24. AutoNation, Inc. has a one year low of $38.20 and a one year high of $55.77. The company has a quick ratio of 0.17, a current ratio of 0.73 and a debt-to-equity ratio of 0.59.

AutoNation (NYSE:AN) last issued its earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.16. The company had revenue of $5.43 billion for the quarter, compared to the consensus estimate of $5.58 billion. AutoNation had a return on equity of 16.40% and a net margin of 1.87%. The firm’s quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.05 EPS. equities analysts predict that AutoNation, Inc. will post 3.73 earnings per share for the current year.

AutoNation declared that its board has approved a share repurchase program on Tuesday, August 29th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in AutoNation by 2.2% in the second quarter. Vanguard Group Inc. now owns 6,785,538 shares of the company’s stock worth $286,078,000 after buying an additional 147,424 shares during the last quarter. Artisan Partners Limited Partnership increased its holdings in AutoNation by 76.5% in the second quarter. Artisan Partners Limited Partnership now owns 5,181,954 shares of the company’s stock worth $218,471,000 after buying an additional 2,245,935 shares during the last quarter. BlackRock Inc. increased its holdings in AutoNation by 0.4% in the second quarter. BlackRock Inc. now owns 4,192,696 shares of the company’s stock worth $176,762,000 after buying an additional 17,314 shares during the last quarter. Victory Capital Management Inc. increased its holdings in AutoNation by 56.3% in the third quarter. Victory Capital Management Inc. now owns 3,266,677 shares of the company’s stock worth $155,036,000 after buying an additional 1,176,042 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in AutoNation by 10.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,683,569 shares of the company’s stock worth $127,360,000 after buying an additional 248,512 shares during the last quarter. Hedge funds and other institutional investors own 83.61% of the company’s stock.

Several analysts have issued reports on the company. Jefferies Group LLC boosted their price objective on AutoNation from $44.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Wells Fargo & Company restated a “market perform” rating and set a $50.00 price objective (up previously from $40.00) on shares of AutoNation in a report on Monday, November 6th. Susquehanna Bancshares Inc restated a “negative” rating on shares of AutoNation in a report on Thursday, September 28th. UBS AG downgraded AutoNation from a “positive” rating to a “neutral” rating in a report on Thursday, September 28th. Finally, Northcoast Research downgraded AutoNation from a “buy” rating to a “neutral” rating in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $46.88.

AutoNation Company Profile

AutoNation, Inc (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources.

Insider Buying and Selling by Quarter for AutoNation (NYSE:AN)

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