Autozone Inc (AZO): William R. Hackney , Sr. Vice President of Autozone Inc sold 1,450 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $810.60 per share for a total value of $1,175,374.38 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 8, 2016, Ronald B Griffin (Sr. Vice President & CIO) sold 4,830 shares at $804.00 per share price.On Jul 7, 2016, Albert Saltiel (Sr. Vice President) sold 1,650 shares at $807.52 per share price.Also, On Jul 6, 2016, William Andrew Mckenna (director) sold 3,000 shares at $800.56 per share price.On Jun 13, 2016, Philip B. Daniele (Sr. Vice President) sold 6,700 shares at $755.93 per share price.
AutoZone: On Friday, Jul 8, 2016 heightened volatility was witnessed in AutoZone which led to swings in the share price. The shares opened for trading at $804 and hit $815.45 on the upside , eventually ending the session at $815.02, with a gain of 1.92% or 15.36 points. The heightened volatility saw the trading volume jump to 2,17,381 shares. The 52-week high of the share price is $815.45 and the company has a market cap of $23,825 M . The 52-week low of the share price is at $667.
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 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 www.autozone.com. The AutoAnything includes direct sales to customers through www.autoanything.com. 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.