AutoZone (NYSE:AZO) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of AutoZone, Inc. NYSE: AZO. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in AutoZone stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

AutoZone Stock Down 0.6%

AutoZone stock traded down $22.30 during mid-day trading on Friday, hitting $3,819.20. 80,657 shares of the company's stock traded hands, compared to its average volume of 110,391. The firm has a 50 day moving average price of $3,711.34 and a 200 day moving average price of $3,597.71. The company has a market cap of $64.09 billion, a PE ratio of 25.85, a price-to-earnings-growth ratio of 2.28 and a beta of 0.39. AutoZone, Inc. has a one year low of $2,898.57 and a one year high of $3,916.81.

AutoZone (NYSE:AZO - Get Free Report) last announced its earnings results on Tuesday, May 27th. The company reported $35.36 earnings per share for the quarter, missing the consensus estimate of $37.07 by ($1.71). AutoZone had a net margin of 13.56% and a negative return on equity of 56.07%. The business had revenue of $4.46 billion for the quarter, compared to the consensus estimate of $4.41 billion. During the same period in the previous year, the firm earned $36.69 EPS. The firm's revenue was up 5.4% on a year-over-year basis. On average, analysts expect that AutoZone, Inc. will post 152.94 earnings per share for the current fiscal year.

Insider Transactions at AutoZone

In other AutoZone news, SVP K. Michelle Borninkhof sold 750 shares of the business's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $3,597.13, for a total value of $2,697,847.50. Following the transaction, the senior vice president owned 406 shares in the company, valued at $1,460,434.78. The trade was a 64.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jamere Jackson sold 2,612 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $3,728.05, for a total value of $9,737,666.60. Following the completion of the transaction, the chief financial officer owned 427 shares in the company, valued at $1,591,877.35. This trade represents a 85.95% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,862 shares of company stock worth $126,058,789. 2.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. AlphaCore Capital LLC purchased a new position in shares of AutoZone during the first quarter valued at $27,000. Saudi Central Bank purchased a new position in AutoZone in the first quarter valued at about $27,000. Headlands Technologies LLC purchased a new position in AutoZone in the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC purchased a new position in AutoZone in the fourth quarter valued at about $32,000. Finally, Harbour Investments Inc. grew its stake in AutoZone by 42.9% in the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company's stock valued at $32,000 after purchasing an additional 3 shares in the last quarter. Hedge funds and other institutional investors own 92.74% of the company's stock.

Analyst Upgrades and Downgrades

AZO has been the topic of a number of research reports. Wells Fargo & Company set a $4,200.00 price objective on AutoZone and gave the stock an "overweight" rating in a research note on Monday, May 19th. Morgan Stanley reissued an "overweight" rating and issued a $4,000.00 price objective (up previously from $3,750.00) on shares of AutoZone in a research note on Wednesday, May 28th. BMO Capital Markets reissued an "outperform" rating and issued a $4,100.00 price objective (up previously from $3,850.00) on shares of AutoZone in a research note on Wednesday, May 28th. Roth Capital set a $4,135.00 price objective on AutoZone and gave the stock a "buy" rating in a research note on Monday, June 2nd. Finally, Mizuho boosted their price objective on AutoZone from $3,740.00 to $4,050.00 and gave the stock an "outperform" rating in a research note on Thursday, July 3rd. Two analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, AutoZone presently has a consensus rating of "Buy" and a consensus price target of $4,087.00.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.