Autozone Stock News

Does AutoZone (AZO) have what it takes to be a top stock pick for momentum investors? Let's find out.

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Here is how AutoZone (AZO) and Citi Trends (CTRN) have performed compared to their sector so far this year.

AutoZone's price pattern is closely related to the business cycle. AZO outperforms the market when business slows down. AZO will continue to outperform the market.

SG Americas Securities LLC reduced its stake in shares of AutoZone, Inc. (NYSE:AZO) by 24.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,871 shares of the companys stock after selling 2,202 shares during the period. SG Americas Securities []

HCR Wealth Advisors grew its holdings in AutoZone, Inc. (NYSE:AZO) by 3.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,803 shares of the companys stock after buying an additional 58 shares during the quarter. HCR Wealth Advisors holdings in AutoZone were worth $3,061,000 []

CTT, DLHC, INLX, SMP, and PLCE have been added to the Zacks Rank #1 (Strong Buy) List on December 20th.

Wealth Management Partners LLC acquired a new position in AutoZone, Inc. (NYSE:AZO) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 119 shares of the companys stock, valued at approximately $202,000. Other large investors have also recently bought and sold shares of the company. []

Wall Street analysts expect AutoZone, Inc. (NYSE:AZO) to post $3.17 billion in sales for the current quarter, Zacks reports. Six analysts have made estimates for AutoZones earnings. The lowest sales estimate is $3.11 billion and the highest is $3.21 billion. AutoZone reported sales of $2.91 billion during the same quarter last year, which would suggest []

Terra Nova Asset Management LLC boosted its position in shares of AutoZone, Inc. (NYSE:AZO) by 40.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,210 shares of the companys stock after buying an additional 349 shares during the period. []

Aptus Capital Advisors LLC raised its holdings in AutoZone, Inc. (NYSE:AZO) by 9.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,175 shares of the companys stock after purchasing an additional 105 shares during the quarter. Aptus Capital Advisors LLCs holdings in AutoZone were []

AutoZone (AZO) authorizes an additional $1.5-billion stock repurchase under its ongoing buyback program.

California''s Top Prosecutor Says ''Smash And Grab'' Robberies Organized On Social Media This holiday season, organized retail crime is an epidemic in liberal-socialist utopias, such as California. Criminals have terrorized San Francisco''s Union Square to Walnut Creek retailers in so-called ''smash and grabs.'' Now the state''s top prosecutor is shedding light on how these criminal gangs orchestrate such thefts. California Atty. Gen. Rob Bonta told the LA Times that groups of people smashing windows or loading up shopping carts with stolen merchandise and running out of the store are mostly foot soldiers of organized crime gangs . He said foot soldiers are directed on social media, text, and other messaging apps of what businesses to hit and guide them to where the most valuable merchandise resides. Smash And Grab at Louis Vuitton in San Francisco''s Union Square Bonta said the stolen merchandise is then sold online for a large profit. "You know, the crime we are seeing is organized crime, and it is going to take an organized strategy to put a stop to it," Bonta said. "These are these folks that have put thought into it, have a strategy, have a plan, focused on certain places at certain times and communicate and work in concert," he added.

AutoZone (AZO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.