AutoZone, Inc. (AZO) VP Richard Craig Smith Sells 2,700 Shares
AutoZone, Inc. (NYSE:AZO) VP Richard Craig Smith sold 2,700 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $760.00, for a total value of $2,052,000.00. Following the completion of the transaction, the vice president now owns 4,500 shares in the company, valued at approximately $3,420,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
AutoZone, Inc. (NYSE:AZO) traded up $14.24 during mid-day trading on Friday, hitting $775.50. The stock had a trading volume of 482,950 shares, compared to its average volume of 569,987. AutoZone, Inc. has a 52 week low of $491.13 and a 52 week high of $800.00. The company has a quick ratio of 0.14, a current ratio of 0.93 and a debt-to-equity ratio of -3.27. The company has a market capitalization of $21,210.00, a price-to-earnings ratio of 17.27, a PEG 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 earnings per share for the quarter, beating the Zacks’ consensus estimate of $9.90 by $0.10. The company had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.54 billion. AutoZone had a negative return on equity of 78.83% and a net margin of 11.66%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned $9.36 earnings per share. research analysts expect that AutoZone, Inc. will post 46.73 EPS for the current year.
A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in AutoZone by 1.7% during the second quarter. Vanguard Group Inc. now owns 1,899,758 shares of the company’s stock worth $1,083,735,000 after acquiring an additional 32,542 shares during the period. FMR LLC lifted its holdings in AutoZone by 6.7% during the second quarter. FMR LLC now owns 1,864,473 shares of the company’s stock worth $1,063,608,000 after acquiring an additional 117,019 shares during the period. State Street Corp lifted its holdings in AutoZone by 5.1% during the second quarter. State Street Corp now owns 1,363,261 shares of the company’s stock worth $777,679,000 after acquiring an additional 66,734 shares during the period. JPMorgan Chase & Co. lifted its holdings in AutoZone by 27.8% during the third quarter. JPMorgan Chase & Co. now owns 1,301,355 shares of the company’s stock worth $764,272,000 after acquiring an additional 282,939 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in AutoZone by 4.4% during the third quarter. Nordea Investment Management AB now owns 1,072,553 shares of the company’s stock worth $638,287,000 after acquiring an additional 45,458 shares during the period. Institutional investors and hedge funds own 99.35% of the company’s stock.
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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.
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