Virtu Financial LLC has made a new investment of approximately $4.34 million in AutoZone, Inc. (NYSE:AZO), purchasing 1,140 shares during the first quarter. According to its most recent filing with the Securities and Exchange Commission (SEC), the institutional investor acquired the shares valued at approximately $4,344,000. A number of other institutional investors and hedge funds also recently bought and sold shares of the business. AlphaCore Capital LLC purchased a new stake in shares of AutoZone during the first quarter worth approximately $27,000. Cornerstone Planning Group LLC purchased a new stake in shares of AutoZone during the first quarter worth approximately $44,000. Clearstead Trust LLC purchased a new stake in shares of AutoZone during the first quarter worth approximately $46,000. Tradewinds Capital Management LLC increased its stake in shares of AutoZone by 30.0% during the first quarter. Tradewinds Capital Management LLC now owns 13 shares of the company's stock worth $50,000 after buying an additional 3 shares during the period. Finally, Minot DeBlois Advisors LLC purchased a new stake in shares of AutoZone during the fourth quarter worth approximately $45,000. 92.74% of the stock is currently owned by hedge funds and other institutional investors.\n\nIn related news, Chairman sold 27,500 shares of the stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $3,708.93, for a total transaction of $101,995,575.00. Following the completion of the sale, the chairman directly owned 8,546 shares of the company's stock, valued at $31,696,515.78. This trade represents a 76.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through . Also, SVP sold 750 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $3,597.13, for a total value of $2,697,847.50. Following the sale, the senior vice president directly owned 406 shares of the company's stock, valued at approximately $1,460,434.78. This represents a 64.88% decrease in their ownership of the stock. The disclosure for this sale can be found . Insiders sold 33,862 shares of company stock valued at $126,058,789 in the last ninety days. Company insiders own 2.10% of the company's stock.\n\nAutoZone shares opened at $4,036.97 on Friday. The stock has a fifty-day moving average price of $3,737.09 and a 200-day moving average price of $3,644.88. AutoZone, Inc. has a 1-year low of $2,898.57 and a 1-year high of $4,094.69. The company has a market cap of $67.74 billion, a PE ratio of 27.32, a P/E/G ratio of 2.41 and a beta of 0.38.\n\nAutoZone last issued its quarterly earnings results on Tuesday, May 27th. The company reported $35.36 earnings per share for the quarter, missing the consensus estimate of $37.07 by $1.71. AutoZone had a negative return on equity of 56.07% and a net margin of 13.56%. The company had revenue of $4.46 billion for the quarter, compared to analyst estimates of $4.41 billion. During the same period in the prior year, the business earned $36.69 earnings per share. AutoZone's revenue for the quarter was up 5.4% compared to the same quarter last year. Analysts anticipate that AutoZone, Inc. will post 152.94 earnings per share for the current fiscal year.\n\nA number of research firms recently weighed in on AZO. Morgan Stanley restated an 'overweight' rating and set a $4,000.00 target price (up from $3,750.00) on shares of AutoZone in a research note on Wednesday, May 28th. Truist Financial set a $3,995.00 price target on AutoZone in a report on Friday, May 23rd. Mizuho upped their price target on AutoZone from $3,740.00 to $4,050.00 and gave the company an 'outperform' rating in a report on Thursday, July 3rd. The Goldman Sachs Group set a $3,811.00 price target on AutoZone in a report on Friday, May 23rd. Finally, DA Davidson upped their price target on AutoZone from $4,192.00 to $4,850.00 and gave the company a 'buy' rating in a report on Wednesday, May 28th. Two investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of 'Buy' and a consensus target price of $4,087.00.\n\nAutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

Virtu Financial LLC Makes New $4.34 Million Investment in AutoZone, Inc. (NYSE:AZO)

Virtu Financial LLC invested $4.34 million in AutoZone, Inc. (NYSE:AZO) by purchasing 1,140 shares during the first quarter, as reported in its SEC filing. Other institutional investors and hedge funds also made transactions in AutoZone shares during the same period. A significant insider sale occurred on June 10th, when the Chairman sold 27,500 shares at an average price of $3,708.93, reducing their ownership by 76.29%. On June 20th, the Senior Vice President sold 750 shares at $3,597.13, decreasing ownership by 64.88%. AutoZone reported quarterly earnings of $35.36 per share, missing analyst estimates, with a negative return on equity of 56.07% and revenue of $4.46 billion, up 5.4% year-over-year. The company has a market capitalization of $67.74 billion, a PE ratio of 27.32, and a 1-year price range of $2,898.57 to $4,094.69. Major research firms including Morgan Stanley, Truist Financial, Mizuho, Goldman Sachs, and DA Davidson have issued price targets ranging from $3,750 to $4,850, with a consensus 'Buy' rating and target price of $4,087. AutoZone operates as a retail distributor of automotive parts and accessories in the United States, Mexico, and Brazil.