AutoZone, Inc. $AZO Shares Sold by Dorsey Asset Management LLC

Posted by Brian Himes on Jun 17th, 2026

AutoZone logo Dorsey Asset Management LLC reduced its position in shares of AutoZone, Inc. (NYSE:AZO – Free Report) by 15.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,121 shares of the company’s stock after selling 4,757 shares during the period. AutoZone accounts for about 7.4% of Dorsey Asset Management LLC’s holdings, making the stock its 8th biggest holding. Dorsey Asset Management LLC’s holdings in AutoZone were worth $85,198,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Banco Bilbao Vizcaya Argentaria S.A. increased its position in AutoZone by 6.6% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,966 shares of the company’s stock worth $21,315,000 after purchasing an additional 306 shares during the last quarter. Numerai GP LLC increased its position in AutoZone by 1,199.3% during the third quarter. Numerai GP LLC now owns 1,754 shares of the company’s stock worth $7,525,000 after purchasing an additional 1,619 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in AutoZone during the fourth quarter worth about $1,808,000. ANTIPODES PARTNERS Ltd increased its position in AutoZone by 185.7% during the third quarter. ANTIPODES PARTNERS Ltd now owns 640 shares of the company’s stock worth $2,746,000 after purchasing an additional 416 shares during the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its position in AutoZone by 15.2% during the fourth 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 last quarter. 92.74% of the stock is currently owned by institutional investors and hedge funds.

AutoZone Price Performance

Shares of AZO stock opened at $3,128.25 on Wednesday. The firm has a market cap of $51.08 billion, a PE ratio of 21.51, a price-to-earnings-growth ratio of 1.58 and a beta of 0.35. The company has a 50-day moving average of $3,355.86 and a two-hundred day moving average of $3,500.15. AutoZone, Inc. has a 1-year low of $2,928.11 and a 1-year high of $4,388.11.

AutoZone (NYSE:AZO – Get Free Report) last announced its earnings results on Tuesday, May 26th. The company reported $38.07 earnings per share for the quarter, topping the consensus estimate of $36.22 by $1.85. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. AutoZone’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm posted $35.36 earnings per share. Sell-side analysts anticipate that AutoZone, Inc. will post 150.45 EPS for the current fiscal year.

AutoZone declared that its Board of Directors has authorized a share repurchase plan on Tuesday, June 16th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the company to buy up to 3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AZO. Mizuho cut their price objective on shares of AutoZone from $3,600.00 to $3,200.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. DA Davidson cut their price objective on shares of AutoZone from $4,300.00 to $3,750.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of AutoZone from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 27th. Evercore restated an “outperform” rating on shares of AutoZone in a research report on Tuesday, May 26th. Finally, BNP Paribas Exane lowered their target price on shares of AutoZone from $4,478.00 to $3,979.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $4,040.87.

Get Our Latest Stock Analysis on AutoZone

Insider Activity

In other AutoZone news, Director Brian Hannasch acquired 165 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of $2,987.00 per share, for a total transaction of $492,855.00. Following the completion of the acquisition, the director owned 1,219 shares of the company’s stock, valued at approximately $3,641,153. This trade represents a 15.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Earl G. Graves, Jr. sold 50 shares of AutoZone stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $3,478.72, for a total transaction of $173,936.00. Following the completion of the transaction, the director owned 4,837 shares of the company’s stock, valued at $16,826,568.64. This trade represents a 1.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.60% of the company’s stock.

AutoZone Company Profile

(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.