AutoZone, Inc. (NYSE:AZO) insider Philip B. Daniele sold 740 shares of AutoZone stock in a transaction on Friday, January 12th. The shares were sold at an average price of $780.37, for a total transaction of $577,473.80. Following the completion of the transaction, the insider now owns 1,058 shares in the company, valued at approximately $825,631.46. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

AutoZone, Inc. (NYSE AZO) traded down $6.91 during trading hours on Tuesday, hitting $781.02. 345,106 shares of the company traded hands, compared to its average volume of 485,960. The company has a debt-to-equity ratio of -3.27, a current ratio of 0.93 and a quick ratio of 0.14. The firm has a market cap of $21,360.00, a price-to-earnings ratio of 17.39, a price-to-earnings-growth ratio of 1.28 and a beta of 0.71. AutoZone, Inc. has a 1-year low of $491.13 and a 1-year high of $791.64.

AutoZone (NYSE:AZO) last posted its earnings results on Tuesday, December 5th. The company reported $10.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $9.90 by $0.10. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.54 billion. AutoZone had a net margin of 11.66% and a negative return on equity of 78.83%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $9.36 EPS. equities research analysts forecast that AutoZone, Inc. will post 46.63 EPS for the current year.

Several large investors have recently bought and sold shares of the stock. CWM LLC lifted its holdings in shares of AutoZone by 41.8% during the 4th quarter. CWM LLC now owns 312 shares of the company’s stock valued at $222,000 after acquiring an additional 92 shares in the last quarter. AXA increased its stake in AutoZone by 0.8% during the 3rd quarter. AXA now owns 38,237 shares of the company’s stock worth $22,755,000 after buying an additional 300 shares during the period. Burgundy Asset Management Ltd. increased its stake in AutoZone by 0.3% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 592,020 shares of the company’s stock worth $352,317,000 after buying an additional 1,888 shares during the period. Public Employees Retirement System of Ohio increased its stake in AutoZone by 3.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 45,781 shares of the company’s stock worth $27,245,000 after buying an additional 1,483 shares during the period. Finally, Gyroscope Capital Management Group LLC increased its stake in AutoZone by 31.6% during the 3rd quarter. Gyroscope Capital Management Group LLC now owns 537 shares of the company’s stock worth $320,000 after buying an additional 129 shares during the period. Institutional investors and hedge funds own 99.35% of the company’s stock.

A number of brokerages have weighed in on AZO. Credit Suisse Group set a $790.00 price target on shares of AutoZone and gave the company a “hold” rating in a report on Thursday, January 4th. Stephens reiterated a “hold” rating and issued a $550.00 price target (down previously from $620.00) on shares of AutoZone in a report on Thursday, September 21st. Royal Bank of Canada decreased their price target on shares of AutoZone from $577.00 to $571.00 and set a “sector perform” rating on the stock in a report on Wednesday, September 20th. Wedbush reiterated a “hold” rating and issued a $580.00 price target (down previously from $590.00) on shares of AutoZone in a report on Wednesday, September 20th. Finally, Citigroup lifted their price target on shares of AutoZone to $820.00 and gave the company a “buy” rating in a report on Wednesday, December 6th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $726.06.

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About AutoZone

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.

Insider Buying and Selling by Quarter for AutoZone (NYSE:AZO)

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