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

AutoZone, Inc. (AZO) traded up $11.83 during trading on Friday, hitting $761.26. 640,900 shares of the company’s stock traded hands, compared to its average volume of 599,000. AutoZone, Inc. has a 1 year low of $491.13 and a 1 year high of $800.00. The company has a debt-to-equity ratio of -3.27, a quick ratio of 0.14 and a current ratio of 0.93. The company has a market cap of $21,050.00, a PE ratio of 16.95, a P/E/G ratio of 1.38 and a beta of 0.71.

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

Several brokerages have recently commented on AZO. Credit Suisse Group set a $790.00 target price on AutoZone and gave the company a “hold” rating in a research note on Thursday. Wedbush restated a “hold” rating and issued a $580.00 target price (down from $590.00) on shares of AutoZone in a research note on Wednesday, September 20th. Citigroup restated a “buy” rating and issued a $700.00 target price on shares of AutoZone in a research note on Wednesday, September 20th. UBS Group restated a “buy” rating and issued a $655.00 target price (down from $725.00) on shares of AutoZone in a research note on Wednesday, September 20th. Finally, Barclays raised their target price on AutoZone from $710.00 to $800.00 in a research note on Thursday, December 7th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. AutoZone has an average rating of “Hold” and an average target price of $726.06.

Several institutional investors have recently bought and sold shares of AZO. Fieldpoint Private Securities LLC bought a new stake in shares of AutoZone in the 2nd quarter worth approximately $114,000. Salem Investment Counselors Inc. raised 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 worth $151,000 after purchasing an additional 9 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in shares of AutoZone in the 3rd quarter worth approximately $179,000. Jarislowsky Fraser Ltd bought a new stake in shares of AutoZone in the 3rd quarter worth approximately $202,000. Finally, Gyroscope Capital Management Group LLC raised 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 worth $233,000 after purchasing an additional 91 shares during the period. 99.35% of the stock is currently owned by hedge funds and other institutional investors.

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AutoZone Company Profile

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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