AutoNation, Inc. (NYSE:AN) Director Robert R. Grusky sold 5,000 shares of the firm’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the transaction, the director now owns 37,677 shares of the company’s stock, valued at approximately $2,072,235. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of AutoNation, Inc. (NYSE AN) traded down $0.49 during mid-day trading on Tuesday, reaching $56.38. 715,867 shares of the company’s stock traded hands, compared to its average volume of 1,062,133. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.17. The firm has a market capitalization of $5,170.00, a P/E ratio of 14.20, a PEG ratio of 2.13 and a beta of 1.28. AutoNation, Inc. has a 1 year low of $38.20 and a 1 year high of $57.83.

AutoNation (NYSE:AN) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.16. The firm had revenue of $5.43 billion during the quarter, compared to the consensus estimate of $5.58 billion. AutoNation had a net margin of 1.87% and a return on equity of 16.40%. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period last year, the business posted $1.05 earnings per share. research analysts forecast that AutoNation, Inc. will post 3.76 earnings per share for the current fiscal year.

Several brokerages recently issued reports on AN. ValuEngine upgraded shares of AutoNation from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Berenberg Bank began coverage on shares of AutoNation in a research note on Wednesday, October 4th. They issued a “buy” rating and a $55.00 target price for the company. Jefferies Group raised their target price on shares of AutoNation from $44.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Wells Fargo & Co reiterated a “market perform” rating and issued a $50.00 target price (up from $40.00) on shares of AutoNation in a research note on Monday, November 6th. Finally, Susquehanna Bancshares reiterated a “negative” rating on shares of AutoNation in a research note on Thursday, September 28th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $46.88.

A number of hedge funds have recently modified their holdings of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in AutoNation by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,890 shares of the company’s stock worth $206,000 after acquiring an additional 24 shares during the last quarter. State of Tennessee Treasury Department lifted its position in AutoNation by 0.5% during the second quarter. State of Tennessee Treasury Department now owns 18,002 shares of the company’s stock worth $759,000 after acquiring an additional 84 shares during the last quarter. TIAA CREF Investment Management LLC lifted its position in AutoNation by 0.3% during the second quarter. TIAA CREF Investment Management LLC now owns 251,284 shares of the company’s stock worth $10,594,000 after acquiring an additional 689 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in AutoNation by 22.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 5,918 shares of the company’s stock worth $263,000 after acquiring an additional 1,092 shares during the last quarter. Finally, Swiss National Bank lifted its position in AutoNation by 0.5% during the third quarter. Swiss National Bank now owns 240,400 shares of the company’s stock worth $11,409,000 after acquiring an additional 1,200 shares during the last quarter. Hedge funds and other institutional investors own 77.74% of the company’s stock.

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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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