AutoZone Ownership
| AZO Stock | USD 3,069 19.11 0.63% |
Shares in Circulation | First Issued 1989-09-30 | Previous Quarter 17.8 M | Current Value 17.4 M | Avarage Shares Outstanding 78.4 M | Quarterly Volatility 49.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
AutoZone |
AutoZone Stock Ownership Analysis
About 96.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.64. AutoZone recorded earning per share (EPS) of 149.43. The entity last dividend was issued on the 29th of October 2010. The firm had 2:1 split on the 21st of April 1994. AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company was founded in 1979 and is based in Memphis, Tennessee. Autozone operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 69440 people. For more info on AutoZone please contact Philip III at 901 495 6500 or go to https://www.autozone.com.Besides selling stocks to institutional investors, AutoZone also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different AutoZone's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align AutoZone's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
AutoZone Quarterly Liabilities And Stockholders Equity |
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AutoZone Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as AutoZone is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AutoZone backward and forwards among themselves. AutoZone's institutional investor refers to the entity that pools money to purchase AutoZone's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Parnassus Investments Llc | 2024-09-30 | 299.5 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 268.4 K | First Manhattan Co. Llc | 2024-06-30 | 258.8 K | Norges Bank | 2024-06-30 | 257 K | Stonepine Asset Management Inc. | 2024-09-30 | 199.8 K | Nordea Investment Mgmt Bank Demark A/s | 2024-09-30 | 182.3 K | Deutsche Bank Ag | 2024-06-30 | 170.6 K | Marshfield Associates | 2024-09-30 | 169.6 K | Northern Trust Corp | 2024-09-30 | 167.8 K | Vanguard Group Inc | 2024-09-30 | 1.8 M | Jpmorgan Chase & Co | 2024-06-30 | 1.3 M |
AutoZone Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific AutoZone insiders, such as employees or executives, is commonly permitted as long as it does not rely on AutoZone's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases AutoZone insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
AutoZone's latest congressional trading
Congressional trading in companies like AutoZone, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in AutoZone by those in governmental positions are based on the same information available to the general public.
| 2024-08-15 | Representative Josh Gottheimer | Acquired Under $15K | Verify | ||
| 2024-08-08 | Representative Richard W Allen | Acquired $15K to $50K | Verify | ||
| 2024-05-22 | Representative William R Keating | Acquired Under $15K | Verify | ||
| 2023-11-01 | Senator Markwayne Mullin | Acquired Under $15K | Verify | ||
| 2023-10-31 | Senator Markwayne Mullin | Acquired Under $15K | Verify |
AutoZone Outstanding Bonds
AutoZone issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AutoZone uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AutoZone bonds can be classified according to their maturity, which is the date when AutoZone has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| AZO 475 01 AUG 32 Corp BondUS053332BB79 | View | |
| AZO 45 01 FEB 28 Corp BondUS053332BC52 | View | |
| US053332BA96 Corp BondUS053332BA96 | View | |
| AZO 475 01 FEB 33 Corp BondUS053332BD36 | View | |
| US053332AY81 Corp BondUS053332AY81 | View | |
| AUTOZONE INC Corp BondUS053332AZ56 | View |
AutoZone Corporate Filings
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify | |
| 30th of October 2024 Other Reports | ViewVerify | |
10K | 28th of October 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Pair Trading with AutoZone
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AutoZone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AutoZone will appreciate offsetting losses from the drop in the long position's value.Moving against AutoZone Stock
| 0.51 | FIVE | Five Below Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to AutoZone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoZone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoZone to buy it.
The correlation of AutoZone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoZone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoZone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AutoZone. If investors know AutoZone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AutoZone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.117 | Earnings Share 149.43 | Revenue Per Share 1.1 K | Quarterly Revenue Growth 0.09 | Return On Assets 0.1428 |
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AutoZone's market value can be influenced by many factors that don't directly affect AutoZone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AutoZone's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoZone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoZone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.