On February 28, 2024, Senior Vice President Richard Smith executed a sale of 3,000 shares of AutoZone Inc (NYSE:AZO). The transaction was filed with the SEC and can be found in the following SEC Filing.
AutoZone Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The company operates through various branches and subsidiaries, providing a wide range of products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.
Over the past year, the insider, Richard Smith, has sold a total of 3,000 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of insider sales for the company.
The insider transaction history for AutoZone Inc shows a pattern of insider activity. In the past year, there has been only 1 insider buy, contrasted with 23 insider sells, indicating a trend towards insider sales.
On the date of the insider's recent sale, shares of AutoZone Inc were trading at $2,997.76, giving the company a market capitalization of $52.559 billion. The price-earnings ratio of the stock stands at 21.38, which is above the industry median of 17.91 and also above the historical median price-earnings ratio for the company.
The stock's price-to-GF-Value ratio is 1.08, with a GF Value of $2,775.31, suggesting that AutoZone Inc is Fairly Valued in relation to its intrinsic value as estimated by GuruFocus. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The above insider trend image reflects the recent insider selling activity at AutoZone Inc.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value.
For more detailed information and analysis on insider transactions and the company's financials, subscribers can access additional resources on gurufocus.com.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
