Kirr Marbach & Co. LLC IN Has $29.59 Million Position in AutoZone, Inc. (NYSE:AZO)

Kirr Marbach & Co. LLC IN boosted its holdings in shares of AutoZone, Inc. (NYSE:AZO - Free Report) by 0.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,761 shares of the company's stock after purchasing an additional 68 shares during the period. AutoZone accounts for approximately 6.9% of Kirr Marbach & Co. LLC IN's holdings, making the stock its 2nd largest holding. Kirr Marbach & Co. LLC IN's holdings in AutoZone were worth $29,591,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in shares of AutoZone in the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC bought a new position in AutoZone in the 4th quarter valued at $32,000. Harbour Investments Inc. increased its stake in shares of AutoZone by 42.9% in the 4th quarter. Harbour Investments Inc. now owns 10 shares of the company's stock valued at $32,000 after buying an additional 3 shares during the period. Minot DeBlois Advisors LLC bought a new stake in shares of AutoZone during the fourth quarter worth $45,000. Finally, Itau Unibanco Holding S.A. lifted its stake in shares of AutoZone by 750.0% during the fourth quarter. Itau Unibanco Holding S.A. now owns 17 shares of the company's stock valued at $54,000 after acquiring an additional 15 shares during the period. Institutional investors own 92.74% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on AZO shares. Wall Street Zen upgraded AutoZone from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th. Mizuho lifted their price target on shares of AutoZone from $3,600.00 to $3,740.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Argus downgraded shares of AutoZone from a "buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of AutoZone in a research note on Wednesday, May 28th. Finally, Roth Mkm lifted their target price on shares of AutoZone from $3,634.00 to $3,763.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Two research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $4,072.24.

AutoZone Price Performance

Shares of AutoZone stock traded up $84.57 on Friday, hitting $3,606.82. The company had a trading volume of 367,755 shares, compared to its average volume of 130,540. The stock has a 50-day moving average of $3,694.76 and a 200-day moving average of $3,532.18. AutoZone, Inc. has a twelve month low of $2,801.49 and a twelve month high of $3,916.81. The firm has a market capitalization of $60.52 billion, a P/E ratio of 24.41, a P/E/G ratio of 2.11 and a beta of 0.40.

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

Insider Activity

In other news, VP Domingo Hurtado sold 4,800 shares of AutoZone stock in a transaction that occurred on Tuesday, April 22nd. The shares were sold at an average price of $3,660.00, for a total value of $17,568,000.00. Following the sale, the vice president now directly owns 159 shares in the company, valued at $581,940. This trade represents a 96.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP K. Michelle Borninkhof sold 750 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $3,597.13, for a total transaction of $2,697,847.50. Following the transaction, the senior vice president now owns 406 shares of the company's stock, valued at $1,460,434.78. The trade was a 64.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,662 shares of company stock worth $131,999,089 over the last three months. Corporate insiders own 2.10% of the company's stock.

AutoZone 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.