Is AutoZone, Inc. (AZO) The Most Expensive Stock Insiders Are Dumping In March?
From Yahoo Finance: 2025-03-28 19:20:00
AutoZone, Inc. (AZO) is among the most expensive stocks insiders are selling in March. This month, net sales totaled $4.0 billion, with a year-over-year increase of 2.4%. Four insiders sold $17.01 million worth of shares at an average price of $3,565.67 per share. Stock is now at $3,672.23.
AutoZone, Inc. (NYSE:AZO) is a top retailer and distributor of automotive parts and accessories, serving customers in the US, Mexico, and Brazil. The company offers a wide range of products for both DIY customers and professional mechanics. In Q2, gross profit remained flat at 53.9%, with net income decreasing 5.3% year-over-year.
20 analysts rate AutoZone (NYSE:AZO) stock as a “Strong Buy,” with a 12-month price target of $3,717.70, indicating a 1.16% increase. As the top stock on the list of expensive stocks insiders are selling, AutoZone’s potential is noted, but AI stocks are seen as more promising. Trading at $3,672.23, the stock has gained 15.69% YTD and 15.06% over the past year.
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