Autozone Inc (AZO) Files Form 4 Insider Selling : Philip B. Daniele Sells 6,700 Shares

Autozone Inc (AZO): Philip B. Daniele , Sr. Vice President of Autozone Inc sold 6,700 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $755.93 per share for a total value of $5,061,184.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 20, 2016, Richard Craig Smith (Sr. Vice President) sold 3,500 shares at $781.50 per share price.On Apr 14, 2016, Albert Saltiel (Sr. Vice President) sold 500 shares at $782.25 per share price.Also, On Mar 16, 2016, Mark A. Finestone (Exec. Vice President) sold 9,600 shares at $798.64 per share price.On Mar 14, 2016, Philip B. Daniele (Sr. Vice President) sold 1,000 shares at $797.04 per share price.

Shares of AutoZone (AZO) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -5.92 points or -0.78% at $754.15 with 2,39,594 shares getting traded. Post opening the session at $757.34, the shares hit an intraday low of $752.65 and an intraday high of $758.59 and the price vacillated in this range throughout the day. The company has a market cap of $22,518 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

Company has been under the radar of several Street Analysts.AutoZone is Resumed by Gabelli & Co to Buy and the brokerage firm has set the Price Target at $935. The Rating was issued on Apr 15, 2016.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 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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