Company news
Explain this story: 19,807 AutoZone, Inc. $AZO Shares Purchased by CX Institutional
CX Institutional significantly increased its stake in AutoZone (NYSE: AZO) during the third quarter by purchasing 19,807 additional shares, bringing its total holdings to 20,036 shares valued at approximately $56.7 million. Despite recent price target reductions and one downgrade, analysts maintain a "Moderate Buy" consensus rating with an average target price of $3,710.36 for AutoZone, whose shares are currently trading well below their 52-week high. The company reported a 5.6% year-over-year revenue increase to $6.59 billion and authorized a $1.5 billion share-repurchase program.
OtherMarketBeatSector and industry: Market-wideTell me moreShow less
We have not explained this story yet. The original headline, summary and link are below.
CX Institutional significantly increased its stake in AutoZone (NYSE: AZO) during the third quarter by purchasing 19,807 additional shares, bringing its total holdings to 20,036 shares valued at approximately $56.7 million. Despite recent price target reductions and one downgrade, analysts maintain a "Moderate Buy" consensus rating with an average target price of $3,710.36 for AutoZone, whose shares are currently trading well below their 52-week high. The company reported a 5.6% year-over-year revenue increase to $6.59 billion and authorized a $1.5 billion share-repurchase program.
Published Oct 2, 2026, 19:20 ET · on this site +1h 37m