Sen. Markwayne Mullin Sells Off Shares of AutoZone, Inc. (NYSE:AZO)

Senator Markwayne Mullin (Republican-Oklahoma) recently sold shares of AutoZone, Inc. (NYSE:AZO). In a filing disclosed on March 10th, the Senator disclosed that they had sold between $50,001 and $100,000 in AutoZone stock on February 25th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 2/25/2026.
• Purchased $50,001 – $100,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/25/2026.
• Sold $15,001 – $50,000 in shares of MasTec (NYSE:MTZ) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of McKesson (NYSE:MCK) on 2/4/2026.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/4/2026.

AutoZone Trading Down 0.3%

NYSE:AZO opened at $3,715.03 on Thursday. The company has a 50-day moving average price of $3,640.15 and a 200-day moving average price of $3,810.37. The stock has a market cap of $61.55 billion, a price-to-earnings ratio of 26.03, a P/E/G ratio of 1.91 and a beta of 0.41. AutoZone, Inc. has a 12 month low of $3,210.72 and a 12 month high of $4,388.11.

AutoZone (NYSE:AZO) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported $27.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $27.59 by $0.04. AutoZone had a net margin of 12.47% and a negative return on equity of 72.31%. The company had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter in the previous year, the company earned $28.29 earnings per share. AutoZone’s quarterly revenue was up 8.2% on a year-over-year basis. Equities analysts forecast that AutoZone, Inc. will post 152.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. BNP Paribas Exane cut their price objective on AutoZone from $4,811.00 to $4,268.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 10th. Wells Fargo & Company lowered their target price on AutoZone from $4,700.00 to $4,500.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. Oppenheimer restated an “outperform” rating and set a $4,300.00 price target (up from $4,150.00) on shares of AutoZone in a research report on Tuesday. Morgan Stanley upped their price target on AutoZone from $4,000.00 to $4,020.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Finally, UBS Group set a $4,800.00 price objective on AutoZone in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,318.38.

Hedge Funds Weigh In On AutoZone

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Westpac Banking Corp grew its stake in shares of AutoZone by 2.6% in the 2nd quarter. Westpac Banking Corp now owns 118 shares of the company’s stock worth $438,000 after buying an additional 3 shares during the last quarter. AlphaCore Capital LLC increased its position in AutoZone by 42.9% during the 2nd quarter. AlphaCore Capital LLC now owns 10 shares of the company’s stock valued at $37,000 after buying an additional 3 shares in the last quarter. L2 Asset Management LLC raised its stake in AutoZone by 4.2% during the second quarter. L2 Asset Management LLC now owns 75 shares of the company’s stock valued at $278,000 after buying an additional 3 shares during the last quarter. AssuredPartners Investment Advisors LLC raised its stake in AutoZone by 2.5% during the third quarter. AssuredPartners Investment Advisors LLC now owns 125 shares of the company’s stock valued at $536,000 after buying an additional 3 shares during the last quarter. Finally, Obermeyer Wealth Partners boosted its holdings in AutoZone by 4.7% in the third quarter. Obermeyer Wealth Partners now owns 67 shares of the company’s stock worth $287,000 after acquiring an additional 3 shares in the last quarter. Institutional investors own 92.74% of the company’s stock.

Insider Transactions at AutoZone

In related news, VP Richard Craig Smith sold 5,910 shares of the company’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $3,700.00, for a total value of $21,867,000.00. Following the transaction, the vice president owned 2,627 shares in the company, valued at $9,719,900. The trade was a 69.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael A. George acquired 145 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were purchased at an average cost of $3,398.13 per share, for a total transaction of $492,728.85. Following the completion of the transaction, the director directly owned 566 shares in the company, valued at $1,923,341.58. The trade was a 34.44% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders sold 9,447 shares of company stock valued at $34,179,923. 2.60% of the stock is currently owned by corporate insiders.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About AutoZone

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.