State of Alabama's Retirement systems hold a stake of $11.72M in AutoZone. Trading trends suggest AutoZone is a stock to consider buying now. AutoZone has piqued Mirae Asset Global Investments' interest to the tune of $8.15M. Investor sentiment seems strong against AutoZone, with the stock's performance proving resilient amidst market volatility. High-profile transactions include AutoZone's stock position being increased by Deroy & Devereaux Private Investment Counsel, and the acquisition of 147,292 AutoZone shares by Strategic Financial Concepts. Several financial institutions like BDF Gestion, Cibc World Market, DAVENPORT & Co, and others adjusted their stakes in AutoZone, suggesting significant investor activity. AutoZone is reportedly falling short of sales estimates, despite Q1 results showcasing robust sales growth. The company's quarterly earnings have seen mixed responses and missed Wall Street estimates. However, the CEO pervasively maintains a positive outlook. There's anticipation for AutoZone's stock split, but timing remains uncertain. Some analysts recommend AutoZone as a 'Moderate Buy', while others note underperformance amidst rising costs.
Autozone AZO News Analytics from Mon, 02 Sep 2024 07:00:00 GMT to Sat, 08 Feb 2025 09:32:48 GMT -
Rating 6
- Innovation -3
- Information 7
- Rumor -4
