New insider activity at AutoZone ( (AZO) ) has taken place on April 3, 2025.
Senior Vice President Eric S. Gould has made a significant move by selling 1,500 shares of AutoZone stock, amounting to a total transaction value of $5,700,000.
Recent Updates on AZO stock
In the last 24 hours, AutoZone’s stock has experienced significant developments following its Q2 earnings report and subsequent analyst reactions. The company reported a 2.4% increase in net sales to $4 billion, with same-store sales rising by 2.9% on a constant currency basis. However, net income decreased by 5.3%, and diluted earnings per share fell to $28.29, attributed to foreign exchange headwinds and increased operating expenses. Despite these challenges, AutoZone’s international markets showed strong growth, with a 9.5% increase in same-store sales on a constant currency basis. Analysts have adjusted their price targets for AutoZone, reflecting mixed sentiments. Argus downgraded the stock due to anticipated revenue and earnings challenges from U.S. tariff legislation affecting key sourcing countries like Canada, Mexico, and China. Meanwhile, other firms raised their price targets, citing strategic growth and market leadership as justifications, despite short-term challenges. The company’s expansion plans, including opening new stores and Mega-Hub locations, and a focus on enhancing parts availability and delivery speed, are seen as positive long-term strategies.
More about AutoZone
YTD Price Performance: 17.33%
Average Trading Volume: 128,418
Technical Sentiment Signal: Sell
Current Market Cap: $63.78B