<div id="readability-page-1"><p>NewEdge Advisors LLC grew its holdings in shares of  AutoZone, Inc. (NYSE:AZO - Free Report) by 10.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,202 shares of the company's stock after purchasing an additional 118 shares during the period. NewEdge Advisors LLC's holdings in AutoZone were worth $3,850,000 as of its most recent SEC filing.</p><ul><li>Advance Auto Parts Stock: A Classic Rebound Play in the Making</li></ul><p>Several other hedge funds have also made changes to their positions in the business. Headlands Technologies LLC acquired a new position in  AutoZone during the 4th quarter worth $29,000.  Flagship Wealth Advisors LLC purchased a new position in shares of  AutoZone in the 4th quarter valued at about $32,000.  Harbour Investments Inc. grew its position in shares of  AutoZone by 42.9% during the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company's stock worth $32,000 after buying an additional 3 shares in the last quarter.  Crews Bank &amp; Trust purchased a new stake in shares of  AutoZone during the fourth quarter worth approximately $61,000.  Finally, McIlrath &amp; Eck LLC raised its holdings in  AutoZone by 25.0% in the third quarter. McIlrath &amp; Eck LLC now owns 20 shares of the company's stock valued at $63,000 after acquiring an additional 4 shares in the last quarter. Institutional investors and hedge funds own  92.74% of the company's stock. </p><h2>AutoZone Trading Up 1.0 %</h2><p>AutoZone stock opened at $3,601.29 on Monday. The stock has a market capitalization of $60.44 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 1.86 and a beta of 0.54. The stock has a 50 day moving average of $3,573.52 and a two-hundred day moving average of $3,343.71. AutoZone, Inc. has a twelve month low of $2,728.97 and a twelve month high of $3,916.81. </p><ul><li>Market Momentum Shifts, But These 3 Stocks Are Built to Last</li></ul><p>AutoZone (NYSE:AZO - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The company reported $28.29 EPS for the quarter, missing analysts' consensus estimates of $29.11 by ($0.82). AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The firm had revenue of $3.95 billion for the quarter, compared to analysts' expectations of $3.98 billion.  Equities analysts predict that  AutoZone, Inc. will post 152.94 earnings per share for the current year. </p><h2>Insiders Place Their Bets</h2><p>In other news, SVP Bailey L. Childress sold 160 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $3,550.00, for a total transaction of $568,000.00. Following the sale, the senior vice president now owns 50 shares of the company's stock, valued at $177,500. The trade was a 76.19 % decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, VP Dennis W. Leriche sold 1,575 shares of the firm's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $3,600.00, for a total value of $5,670,000.00. Following the completion of the transaction, the vice president now directly owns 417 shares of the company's stock, valued at $1,501,200. The trade was a 79.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,721 shares of company stock worth $24,609,331. Corporate insiders own  2.10% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>AutoZone: Forget the Pullback, This Stock Is Still Climbing</li></ul><p>Several research analysts have commented on AZO shares. Roth Mkm increased their price objective on shares of AutoZone from $3,634.00 to $3,763.00 and gave the company a &#34;buy&#34; rating in a research report on Wednesday, March 5th. Evercore ISI increased their target price on AutoZone from $3,525.00 to $3,700.00 and gave the company an &#34;outperform&#34; rating in a report on Wednesday, March 5th. The Goldman Sachs Group raised AutoZone from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and lifted their price target for the stock from $3,044.00 to $3,811.00 in a report on Tuesday, April 1st. Bank of America increased their price objective on AutoZone from $3,600.00 to $3,700.00 and gave the company a &#34;neutral&#34; rating in a report on Wednesday, March 5th. Finally, UBS Group boosted their target price on AutoZone from $3,875.00 to $4,025.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, March 5th. Five equities research analysts have rated the stock with a hold rating, sixteen have assigned  a buy rating and four have given a strong buy rating to the company's stock. According to MarketBeat, AutoZone presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $3,724.00.</p><p><b>Read Our Latest Stock Analysis on AutoZone</b></p><h2>AutoZone Profile</h2> (Free Report)<p>AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than AutoZone</li><li>Top Biotech Stocks: Exploring Innovation Opportunities</li><li>With a 60%+ Upside, There’s Plenty to Love About Lovesac</li><li>How to trade using analyst ratings</li><li>J.B. Hunt Transport Overcorrects Into a Buying Opportunity</li><li>What is Put Option Volume?</li><li>AppLovin: Can Record Profits Overcome Market Skepticism?</li></ul><p><strong>Want to see what other hedge funds are holding AZO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AutoZone, Inc. (NYSE:AZO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFaTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFaTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AutoZone Right Now?</h2><p>Before you consider AutoZone, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AutoZone wasn't on the list.</p><p>While AutoZone currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>NewEdge Advisors LLC increased its stake in AutoZone, Inc. (NYSE:AZO) by 10.9% in Q4, now holding 1,202 shares valued at $3.85 million. Other hedge funds also adjusted their positions. AutoZone's stock opened at $3,601.29, with a market cap of $60.44 billion. The company reported Q4 earnings of $28.29 EPS, missing estimates. Analysts have raised price targets for AutoZone, with ratings ranging from "buy" to "neutral."</p>

NewEdge Advisors LLC Increases Stock Holdings in AutoZone, Inc. (NYSE:AZO)