Autozone Inc (AZO) Files Form 4 Insider Selling : Albert Saltiel Sells 500 Shares

Autozone Inc (AZO): Albert Saltiel , Sr. Vice President of Autozone Inc sold 500 shares on Apr 14, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $782.25 per share for a total value of $391,125.31 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.AutoZone is Initiated by Barclays to Overweight and the brokerage firm has set the Price Target at $870. The Rating was issued on Mar 31, 2016.AutoZone is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 870 from a previous price target of $800 .The Rating was issued on Mar 2, 2016.AutoZone is Upgraded by Wedbush to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 16, 2016.

Currently the company Insiders own 2.4% of AutoZone shares according to the proxy statements.Institutional Investors own 93.48% of AutoZone shares.During last six month period, the net percent change held by insiders has seen a change of 26.09%.

Shares of AutoZone (AZO) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -10.05 points or -1.28% at $773.88 with 2,28,578 shares getting traded. Post opening the session at $782.73, the shares hit an intraday low of $772.22 and an intraday high of $786.41 and the price vacillated in this range throughout the day. The company has a market cap of $23,107 M and the number of outstanding shares has been calculated to be 2,98,58,892 shares. The 52-week high of AutoZone is $810 and the 52-week low is $662.7.

AutoZone Money Flow Index Chart

AutoZone Inc. (AutoZone) is a retailer and a distributor of automotive replacement parts and accessories in the United States. The Company’s segments include Auto Parts Stores and Other. The Company’s Auto Parts Stores segment includes Domestic Auto Parts Mexico Brazil and Interamerican Motor Corporation (IMC). The Company’s Other segment includes business activities of ALLDATA E-commerce and AutoAnything. The ALLDATA produces sells and maintains diagnostic and repair information software used in the automotive repair industry. The e-commerce includes direct sales to customers through The AutoAnything includes direct sales to customers through The Company operates approximately 5069 AutoZone stores in the United States including stores in Puerto Rico Mexico Brazil and IMC branches. IMC branches carry a line of original equipment import replacement parts.

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