144 Shares in AutoZone, Inc. (NYSE:AZO) Acquired by Barlow Wealth Partners Inc.

Barlow Wealth Partners Inc. bought a new stake in AutoZone, Inc. (NYSE:AZO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 144 shares of the company’s stock, valued at approximately $372,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC grew its stake in AutoZone by 2.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 202 shares of the company’s stock valued at $513,000 after purchasing an additional 4 shares during the last quarter. Plancorp LLC lifted its stake in AutoZone by 3.0% during the 3rd quarter. Plancorp LLC now owns 136 shares of the company’s stock valued at $345,000 after acquiring an additional 4 shares during the period. Alcosta Capital Management Inc. boosted its holdings in shares of AutoZone by 0.3% in the 3rd quarter. Alcosta Capital Management Inc. now owns 1,255 shares of the company’s stock valued at $3,188,000 after acquiring an additional 4 shares during the last quarter. Hohimer Wealth Management LLC increased its stake in shares of AutoZone by 1.1% in the third quarter. Hohimer Wealth Management LLC now owns 361 shares of the company’s stock worth $917,000 after acquiring an additional 4 shares during the period. Finally, Summit Trail Advisors LLC raised its holdings in shares of AutoZone by 3.8% during the fourth quarter. Summit Trail Advisors LLC now owns 110 shares of the company’s stock worth $283,000 after purchasing an additional 4 shares during the last quarter. 92.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Philip B. Daniele sold 4,190 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $3,161.68, for a total value of $13,247,439.20. Following the transaction, the chief executive officer now owns 900 shares of the company’s stock, valued at approximately $2,845,512. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CEO Philip B. Daniele sold 4,190 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $3,161.68, for a total transaction of $13,247,439.20. Following the completion of the transaction, the chief executive officer now owns 900 shares of the company’s stock, valued at approximately $2,845,512. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman William C. Rhodes III sold 6,700 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $3,190.22, for a total value of $21,374,474.00. Following the completion of the sale, the chairman now directly owns 15,357 shares in the company, valued at approximately $48,992,208.54. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,990 shares of company stock worth $50,335,193. Company insiders own 2.50% of the company’s stock.

AutoZone Trading Up 0.8 %

NYSE:AZO traded up $22.95 during trading hours on Tuesday, hitting $2,990.65. The company had a trading volume of 112,507 shares, compared to its average volume of 151,373. AutoZone, Inc. has a 1 year low of $2,277.88 and a 1 year high of $3,256.37. The company has a market cap of $51.80 billion, a P/E ratio of 21.06, a P/E/G ratio of 1.46 and a beta of 0.72. The company has a 50-day moving average of $3,056.63 and a 200 day moving average of $2,795.11.

AutoZone (NYSE:AZO) last released its quarterly earnings data on Tuesday, February 27th. The company reported $28.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $26.08 by $2.81. The firm had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $4.32 billion. AutoZone had a net margin of 14.70% and a negative return on equity of 56.06%. AutoZone’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the business earned $24.64 earnings per share. On average, analysts forecast that AutoZone, Inc. will post 152.4 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. StockNews.com downgraded AutoZone from a “buy” rating to a “hold” rating in a research report on Friday, April 12th. Morgan Stanley upped their price objective on AutoZone from $2,900.00 to $3,100.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 28th. UBS Group lifted their target price on shares of AutoZone from $3,100.00 to $3,425.00 and gave the company a “buy” rating in a report on Wednesday, February 28th. JPMorgan Chase & Co. increased their price target on shares of AutoZone from $3,000.00 to $3,200.00 and gave the stock an “overweight” rating in a report on Wednesday, February 28th. Finally, Truist Financial upped their price objective on shares of AutoZone from $3,363.00 to $3,523.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Five research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, AutoZone presently has a consensus rating of “Moderate Buy” and an average price target of $3,108.83.

AutoZone Company Profile

AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.