AutoZone, Inc. (AZO) VP Charles Pleas III Sells 10,000 Shares
AutoZone, Inc. (NYSE:AZO) VP Charles Pleas III sold 10,000 shares of AutoZone stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $700.00, for a total value of $7,000,000.00. Following the completion of the sale, the vice president now owns 14,377 shares of the company’s stock, valued at $10,063,900. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of AutoZone, Inc. (AZO) traded up $3.69 during mid-day trading on Thursday, hitting $702.34. The stock had a trading volume of 419,670 shares, compared to its average volume of 464,021. AutoZone, Inc. has a 1-year low of $491.13 and a 1-year high of $813.70. The stock has a market capitalization of $19,595.57, a price-to-earnings ratio of 15.96, a price-to-earnings-growth ratio of 1.31 and a beta of 0.72. The company has a debt-to-equity ratio of -3.56, a current ratio of 0.97 and a quick ratio of 0.15.
AutoZone (NYSE:AZO) last issued its quarterly earnings results on Tuesday, December 5th. The company reported $10.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $9.90 by $0.10. AutoZone had a negative return on equity of 77.27% and a net margin of 11.66%. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same quarter in the previous year, the firm earned $9.36 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. equities analysts expect that AutoZone, Inc. will post 46.78 earnings per share for the current year.
Hedge funds have recently modified their holdings of the company. Tobam purchased a new stake in AutoZone in the second quarter valued at approximately $3,912,000. Private Management Group Inc. purchased a new stake in AutoZone in the second quarter valued at approximately $21,538,000. Numeric Investors LLC boosted its position in AutoZone by 9.7% in the second quarter. Numeric Investors LLC now owns 2,150 shares of the company’s stock valued at $1,226,000 after buying an additional 190 shares during the last quarter. Aviva PLC boosted its position in AutoZone by 0.6% in the second quarter. Aviva PLC now owns 17,992 shares of the company’s stock valued at $10,258,000 after buying an additional 100 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its position in AutoZone by 35.5% in the third quarter. DekaBank Deutsche Girozentrale now owns 12,904 shares of the company’s stock valued at $6,759,000 after buying an additional 3,379 shares during the last quarter. Institutional investors and hedge funds own 98.89% of the company’s stock.
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.
Receive News & Ratings for AutoZone Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoZone Inc. and related companies with MarketBeat.com's FREE daily email newsletter.