Insider Selling: AutoZone (NYSE:AZO) VP Sells 1,455 Shares

Posted by Brenda Bartman on Aug 10th, 2026

AutoZone logo AutoZone, Inc. (NYSE:AZO – Get Free Report) VP Dennis Leriche sold 1,455 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $3,100.00, for a total transaction of $4,510,500.00. Following the sale, the vice president owned 441 shares of the company’s stock, valued at approximately $1,367,100. This represents a 76.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

AutoZone Stock Down 2.0%

AutoZone stock traded down $63.62 during trading hours on Monday, hitting $3,063.67. The stock had a trading volume of 133,304 shares, compared to its average volume of 247,230. The stock’s 50-day moving average price is $3,065.73 and its 200-day moving average price is $3,377.36. The stock has a market capitalization of $50.03 billion, a P/E ratio of 21.06, a price-to-earnings-growth ratio of 1.59 and a beta of 0.33. AutoZone, Inc. has a 12-month low of $2,902.20 and a 12-month high of $4,388.11.

AutoZone (NYSE:AZO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $38.07 EPS for the quarter, beating analysts’ consensus estimates of $36.22 by $1.85. The firm had revenue of $4.84 billion for the quarter, compared to analysts’ expectations of $4.86 billion. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $35.36 earnings per share. On average, research analysts expect that AutoZone, Inc. will post 150.39 EPS for the current fiscal year.

AutoZone declared that its board has initiated a stock repurchase plan on Tuesday, June 16th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On AutoZone

Several hedge funds and other institutional investors have recently modified their holdings of AZO. Jupiter Asset Management Ltd. purchased a new stake in shares of AutoZone in the fourth quarter valued at $1,808,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in shares of AutoZone by 15.2% during the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 14,224 shares of the company’s stock worth $48,241,000 after purchasing an additional 1,882 shares during the period. CIBC Asset Management Inc boosted its stake in shares of AutoZone by 67.1% during the 4th quarter. CIBC Asset Management Inc now owns 3,941 shares of the company’s stock worth $13,366,000 after purchasing an additional 1,582 shares during the period. Asset Advisors Investment Management LLC grew its holdings in AutoZone by 13.6% during the 4th quarter. Asset Advisors Investment Management LLC now owns 2,699 shares of the company’s stock valued at $9,154,000 after purchasing an additional 323 shares during the last quarter. Finally, Norges Bank bought a new position in AutoZone during the 4th quarter valued at about $939,205,000. 92.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AZO has been the subject of a number of research analyst reports. Roth Capital reduced their target price on AutoZone from $4,526.00 to $4,023.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of AutoZone in a report on Wednesday, May 27th. BMO Capital Markets reduced their price objective on AutoZone from $4,300.00 to $4,000.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. Evercore reissued an “outperform” rating on shares of AutoZone in a research report on Tuesday, May 26th. Finally, Guggenheim lowered their target price on shares of AutoZone from $4,400.00 to $4,000.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $4,029.43.

View Our Latest Stock Analysis on AutoZone

About AutoZone

(Get Free Report)

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.