AutoZone, Inc. (NYSE:AZO) insider Mark A. Finestone sold 13,500 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $711.37, for a total value of $9,603,495.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
AutoZone, Inc. (NYSE:AZO) traded down $13.28 during trading hours on Monday, reaching $708.61. The company’s stock had a trading volume of 502,287 shares, compared to its average volume of 464,360. 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 company has a market capitalization of $19,680.16, a PE ratio of 16.16, a PEG ratio of 1.33 and a beta of 0.72. AutoZone, Inc. has a twelve month low of $491.13 and a twelve month high of $811.59.
AutoZone (NYSE:AZO) last posted its quarterly earnings results on Tuesday, December 5th. The company reported $10.00 EPS for the quarter, beating the Zacks’ consensus estimate of $9.90 by $0.10. The business had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.54 billion. AutoZone had a negative return on equity of 78.83% and a net margin of 11.66%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $9.36 earnings per share. research analysts forecast that AutoZone, Inc. will post 46.73 EPS for the current year.
A number of large investors have recently bought and sold shares of AZO. JPMorgan Chase & Co. grew its position in shares of AutoZone by 59.7% during the second quarter. JPMorgan Chase & Co. now owns 1,018,416 shares of the company’s stock valued at $580,966,000 after purchasing an additional 380,824 shares in the last quarter. Nordea Investment Management AB grew its position in shares of AutoZone by 44.9% during the second quarter. Nordea Investment Management AB now owns 1,027,095 shares of the company’s stock valued at $585,917,000 after purchasing an additional 318,188 shares in the last quarter. Koch Industries Inc. purchased a new position in shares of AutoZone during the second quarter valued at about $297,000. CI Global Investments Inc. grew its position in shares of AutoZone by 437.2% during the second quarter. CI Global Investments Inc. now owns 321,207 shares of the company’s stock valued at $183,236,000 after purchasing an additional 261,417 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in shares of AutoZone during the third quarter valued at about $141,811,000. 99.03% of the stock is currently owned by institutional investors and hedge funds.
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.
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