Representative Rick W. Allen (Republican-Georgia) recently sold shares of AutoZone, Inc. (NYSE:AZO). In a filing disclosed on October 14th, the Representative disclosed that they had sold between $15,001 and $50,000 in AutoZone stock on September 22nd. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.
Representative Rick W. Allen also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 9/18/2026.
- Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/12/2026.
- Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/12/2026.
- Sold $15,001 – $50,000 in shares of Rollins (NYSE:ROL) on 8/12/2026.
AutoZone Price Performance
Shares of NYSE:AZO opened at $3,116.62 on Friday. The company has a market capitalization of $50.89 billion, a price-to-earnings ratio of 20.02, a P/E/G ratio of 1.42 and a beta of 0.40. AutoZone, Inc. has a 1 year low of $2,730.65 and a 1 year high of $4,040.00. The business’s 50-day moving average is $2,937.50 and its 200-day moving average is $3,131.66.
AutoZone (NYSE:AZO – Get Free Report) last posted its quarterly earnings results on Tuesday, September 22nd. The company reported $56.05 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $55.51. The business had revenue of $6.59 billion during the quarter, compared to analysts’ expectations of $6.70 billion. AutoZone had a net margin of 12.65% and a negative return on equity of 90.08%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the company posted $48.71 earnings per share. Analysts anticipate that AutoZone, Inc. will post 171.50 EPS for the current year.
Institutional Investors Weigh In On AutoZone
A number of institutional investors have recently made changes to their positions in the business. Benchmark Investment Advisors LLC purchased a new stake in shares of AutoZone during the second quarter valued at approximately $713,000. CYBER HORNET ETFs LLC grew its holdings in AutoZone by 33,193.5% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 15,315 shares of the company’s stock worth $48,946,000 after acquiring an additional 15,269 shares during the last quarter. Nykredit A S purchased a new position in shares of AutoZone in the second quarter valued at about $27,287,000. Bank of America Corp DE purchased a new position in shares of AutoZone in the second quarter valued at about $233,576,000. Finally, Engineers Gate Manager LP raised its stake in shares of AutoZone by 923.1% during the second quarter. Engineers Gate Manager LP now owns 1,238 shares of the company’s stock valued at $3,957,000 after acquiring an additional 1,117 shares during the last quarter. Hedge funds and other institutional investors own 92.74% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently issued reports on the company. Weiss Ratings cut AutoZone from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. Evercore reissued an “outperform” rating on shares of AutoZone in a research report on Wednesday, September 23rd. Piper Sandler set a $3,500.00 price objective on AutoZone in a research note on Monday, August 31st. Roth Capital reduced their target price on shares of AutoZone from $4,023.00 to $3,850.00 and set a “buy” rating for the company in a research note on Wednesday, September 23rd. Finally, The Goldman Sachs Group lowered their target price on shares of AutoZone from $4,096.00 to $3,917.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $3,669.12.
Read Our Latest Research Report on AutoZone
Insider Buying and Selling at AutoZone
In related news, VP Dennis LeRiche sold 1,455 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $3,100.00, for a total value of $4,510,500.00. Following the sale, the vice president directly owned 441 shares of the company’s stock, valued at $1,367,100. This trade represents a 76.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.60% of the company’s stock.
About Representative Allen
Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.
Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.
After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.
AutoZone Company Profile
AutoZone, Inc is a specialty retailer of automotive replacement parts, accessories and maintenance products. The company serves do-it-yourself customers as well as professional automotive repair shops, offering products such as batteries, brakes, filters, engine components, tools, fluids and other vehicle parts.
In addition to its retail stores, AutoZone provides commercial sales and delivery services for professional repair businesses. The company also operates ALLDATA, which offers automotive diagnostic, repair and shop-management software and information services to repair professionals.
Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone operates primarily in the United States, with additional stores and operations in Mexico and Brazil.
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