Rep. Rick W. Allen Unloads Shares of AutoZone, Inc. (NYSE:AZO)

Representative Rick W. Allen (Republican-Georgia) recently sold shares of AutoZone, Inc. (NYSE:AZO). In a filing disclosed on October 14th, the Representative disclosed that they had sold between $15,001 and $50,000 in AutoZone stock on September 22nd. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 9/18/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/12/2026.
• Sold $15,001 – $50,000 in shares of Rollins (NYSE:ROL) on 8/12/2026.

AutoZone Price Performance

AutoZone stock opened at $3,059.96 on Friday. AutoZone, Inc. has a one year low of $2,730.65 and a one year high of $4,047.41. The business’s fifty day moving average is $2,937.61 and its 200 day moving average is $3,131.77. The stock has a market capitalization of $49.97 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 1.35 and a beta of 0.40.

AutoZone (NYSE:AZO) last issued its earnings results on Tuesday, September 22nd. The company reported $56.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $55.51. The business had revenue of $6.59 billion during the quarter, compared to analyst estimates of $6.70 billion. AutoZone had a negative return on equity of 90.08% and a net margin of 12.65%. AutoZone’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $48.71 EPS. As a group, sell-side analysts expect that AutoZone, Inc. will post 171.50 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on AZO. UBS Group set a $3,850.00 price objective on shares of AutoZone in a research note on Wednesday, September 23rd. Citigroup cut their target price on shares of AutoZone from $3,700.00 to $3,450.00 and set a “buy” rating for the company in a research report on Monday, September 14th. BMO Capital Markets reduced their target price on shares of AutoZone from $4,000.00 to $3,500.00 and set an “outperform” rating for the company in a report on Wednesday, September 23rd. Oppenheimer set a $3,400.00 price target on shares of AutoZone in a research report on Wednesday, September 23rd. Finally, Evercore restated an “outperform” rating on shares of AutoZone in a research note on Wednesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $3,669.12.

Insiders Place Their Bets

In other AutoZone news, VP Dennis LeRiche sold 1,455 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $3,100.00, for a total transaction of $4,510,500.00. Following the sale, the vice president directly owned 441 shares in the company, valued at $1,367,100. This represents a 76.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 2.60% of the stock is owned by insiders.

Hedge Funds Weigh In On AutoZone

Several institutional investors have recently bought and sold shares of AZO. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of AutoZone during the 2nd quarter valued at about $29,000. Asset Dedication LLC grew its position in AutoZone by 150.0% in the first quarter. Asset Dedication LLC now owns 10 shares of the company’s stock worth $34,000 after acquiring an additional 6 shares in the last quarter. Tacita Capital Inc purchased a new position in AutoZone in the second quarter worth about $32,000. Burkett Financial Services LLC purchased a new position in AutoZone in the third quarter worth about $31,000. Finally, GK Wealth Management LLC bought a new stake in AutoZone during the third quarter worth approximately $34,000. Institutional investors own 92.74% of the company’s stock.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

About AutoZone

AutoZone, Inc is a specialty retailer of automotive replacement parts, accessories and maintenance products. The company serves do-it-yourself customers as well as professional automotive repair shops, offering products such as batteries, brakes, filters, engine components, tools, fluids and other vehicle parts.

In addition to its retail stores, AutoZone provides commercial sales and delivery services for professional repair businesses. The company also operates ALLDATA, which offers automotive diagnostic, repair and shop-management software and information services to repair professionals.

Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone operates primarily in the United States, with additional stores and operations in Mexico and Brazil.