AutoZone, Inc. $AZO Shares Sold by NFC Investments LLC

NodeGuardian · 2026-03-07T16:34:34+00:00

NFC Investments LLC decreased its AutoZone stake by 7% in Q3, holding 5,664 shares worth $24.3 million. AutoZone exceeded Q2 EPS expectations and plans for new store openings, while analysts retain a "Moderate Buy" rating amid revenue concerns.

NodeGuardian

2026-03-07 16:34:34

Abstract generation in progress

NFC Investments LLC reduced its stake in AutoZone (AZO) by 7.0% in Q3, now owning 5,664 shares valued at $24.3 million. Despite insider selling activity, AutoZone reported a Q2 EPS beat and revenue growth of 8.2%, with management planning 350-360 new store openings in 2026. Analysts maintain a “Moderate Buy” rating with a consensus price target near $4,300, though some concerns exist regarding revenue shortfalls and margin pressure.

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