AutoZone, Inc. (AZO) Insider William W. Graves Sells 10,500 Shares

AutoZone, Inc. (NYSE:AZO) insider William W. Graves sold 10,500 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $744.78, for a total transaction of $7,820,190.00. Following the completion of the sale, the insider now directly owns 12,574 shares of the company’s stock, valued at $9,364,863.72. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

AutoZone, Inc. (NYSE:AZO) traded up $11.83 during midday trading on Thursday, reaching $761.26. The company’s stock had a trading volume of 640,993 shares, compared to its average volume of 599,000. The company has a current ratio of 0.93, a quick ratio of 0.14 and a debt-to-equity ratio of -3.27. The firm has a market cap of $20,820.00, a P/E ratio of 16.95, a PEG ratio of 1.35 and a beta of 0.71. AutoZone, Inc. has a 12-month low of $491.13 and a 12-month high of $800.00.

AutoZone (NYSE:AZO) last posted its quarterly earnings data on Tuesday, December 5th. The company reported $10.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $9.90 by $0.10. The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.54 billion. AutoZone had a negative return on equity of 78.83% and a net margin of 11.66%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $9.36 EPS. research analysts forecast that AutoZone, Inc. will post 46.73 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on the stock. Citigroup upped their price target on shares of AutoZone to $820.00 and gave the company a “buy” rating in a report on Wednesday, December 6th. Guggenheim downgraded shares of AutoZone from a “buy” rating to a “neutral” rating in a report on Wednesday, December 6th. UBS Group reissued a “buy” rating and issued a $750.00 price target (down from $810.00) on shares of AutoZone in a report on Wednesday, December 6th. Royal Bank of Canada upped their price target on shares of AutoZone and gave the company a “sector perform” rating in a report on Wednesday, December 6th. Finally, Jefferies Group reissued a “hold” rating and issued a $720.00 price target on shares of AutoZone in a report on Wednesday, December 6th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $717.24.

A number of hedge funds and other institutional investors have recently bought and sold shares of AZO. Fieldpoint Private Securities LLC acquired a new stake in AutoZone during the 2nd quarter worth about $114,000. Salem Investment Counselors Inc. increased its holdings in shares of AutoZone by 3.5% in the 2nd quarter. Salem Investment Counselors Inc. now owns 264 shares of the company’s stock valued at $151,000 after purchasing an additional 9 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new position in shares of AutoZone in the 3rd quarter valued at about $179,000. Jarislowsky Fraser Ltd acquired a new position in shares of AutoZone in the 3rd quarter valued at about $202,000. Finally, Gyroscope Capital Management Group LLC increased its holdings in shares of AutoZone by 28.7% in the 2nd quarter. Gyroscope Capital Management Group LLC now owns 408 shares of the company’s stock valued at $233,000 after purchasing an additional 91 shares during the period. Hedge funds and other institutional investors own 99.35% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “AutoZone, Inc. (AZO) Insider William W. Graves Sells 10,500 Shares” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/3125932/autozone-inc-azo-insider-william-w-graves-sells-10500-shares.html.

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)

Receive News & Ratings for AutoZone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoZone and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.