New insider activity at AutoZone ( (AZO) ) has taken place on March 29, 2025.
President & CEO Philip B. Daniele recently sold 2,000 shares of AutoZone stock, amounting to a total transaction value of $7,600,020.
Recent Updates on AZO stock
In the last 24 hours, AutoZone has seen a mix of analyst actions and financial results impacting its stock outlook. Argus analyst Bill Selesky downgraded AutoZone to Hold from Buy, citing challenges from U.S. tariff legislation affecting its product sourcing in Canada, Mexico, and China, alongside a Q2 earnings miss and a slower-growth business environment. Despite these challenges, several firms, including DA Davidson, TD Cowen, and UBS, raised their price targets for AutoZone, reflecting confidence in the company’s strategic growth and market leadership. AutoZone’s Q2 earnings report showed a 2.4% increase in net sales to $4 billion, with same-store sales up 2.9% on a constant currency basis. However, net income decreased by 5.3%, and earnings per share fell due to foreign exchange headwinds and increased operating expenses. The company remains optimistic about its growth prospects, focusing on international expansion and domestic commercial sales growth, despite facing currency challenges and rising costs.
More about AutoZone
YTD Price Performance: 17.79%
Average Trading Volume: 123,823
Technical Sentiment Signal: Sell
Current Market Cap: $64.04B