Ieq Capital LLC Takes $4.85 Million Position in AutoNation, Inc. $AN

Posted by Geri Gentry on Aug 24th, 2026

Ieq Capital LLC bought a new stake in AutoNation, Inc. (NYSE:AN – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 26,102 shares of the company’s stock, valued at approximately $4,849,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings in AutoNation by 37.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 235 shares of the company’s stock valued at $38,000 after buying an additional 64 shares during the last quarter. Employees Retirement System of Texas bought a new stake in AutoNation during the 3rd quarter worth approximately $48,000. Smartleaf Asset Management LLC grew its holdings in AutoNation by 49.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 259 shares of the company’s stock worth $54,000 after acquiring an additional 86 shares during the last quarter. Bessemer Group Inc. increased its position in AutoNation by 33.0% in the 1st quarter. Bessemer Group Inc. now owns 306 shares of the company’s stock valued at $59,000 after acquiring an additional 76 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in AutoNation in the 2nd quarter valued at approximately $63,000. Institutional investors and hedge funds own 94.62% of the company’s stock.

Insiders Place Their Bets

In other AutoNation news, Director Lisa Lutoff-Perlo sold 900 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $220.00, for a total value of $198,000.00. Following the transaction, the director directly owned 7,989 shares of the company’s stock, valued at approximately $1,757,580. The trade was a 10.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.40% of the company’s stock.

AutoNation Trading Down 0.3%

AN opened at $198.86 on Monday. AutoNation, Inc. has a twelve month low of $176.62 and a twelve month high of $235.81. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 2.68. The company has a fifty day moving average of $200.60 and a 200-day moving average of $197.79. The stock has a market cap of $6.57 billion, a PE ratio of 9.21, a price-to-earnings-growth ratio of 0.83 and a beta of 0.71.

AutoNation (NYSE:AN – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $5.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.48 by $0.08. The business had revenue of $6.93 billion for the quarter, compared to analyst estimates of $7 billion. AutoNation had a net margin of 2.82% and a return on equity of 31.24%. AutoNation’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.26 earnings per share. On average, sell-side analysts predict that AutoNation, Inc. will post 21.69 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AN. Seaport Research Partners reiterated a “buy” rating and set a $255.00 price target on shares of AutoNation in a report on Monday, August 3rd. Barclays increased their price objective on AutoNation from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. lowered their target price on AutoNation from $235.00 to $210.00 and set an “overweight” rating for the company in a research report on Tuesday, August 4th. Northcoast Research raised AutoNation from a “neutral” rating to a “buy” rating and set a $240.00 target price on the stock in a report on Tuesday, July 14th. Finally, Stephens upped their price target on AutoNation from $220.00 to $232.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $250.00.

View Our Latest Analysis on AN

AutoNation Profile

(Free Report)

AutoNation, Inc is the largest automotive retailer in the United States, operating a network of franchised new vehicle dealerships, pre-owned vehicle superstores and collision-repair centers. The company offers a comprehensive range of automotive products and services, including the sale of new cars and light trucks from leading manufacturers, certified pre-owned vehicles and a wide selection of used models. In addition to retail vehicle sales, AutoNation provides financing, insurance and extended service contracts through its in-house financial services division, as well as genuine and aftermarket parts, factory-recommended maintenance and collision-repair services.

Headquartered in Fort Lauderdale, Florida, AutoNation was founded in 1996 by entrepreneur H.