AutoZone's Trading Volume Surges to $507 Million, Ranking Highest in Recent Institutional Investor Activity

On May 15, 2025, AutoZone's trading volume reached $507 million, marking a 39.07% increase from the previous day. The stock price rose by 3.10%, continuing its upward trend for the second consecutive day, with a total increase of 3.12% over the past two days.

Several institutional investors have recently adjusted their positions in AutoZone. Hudson Bay Capital Management LP acquired a new stake in AutoZone, purchasing 943 shares. Gotham Asset Management LLC increased its holdings by 2.3%, owning 3,733 shares after buying an additional 83 shares. Focus Partners Wealth also raised its stake by 1.5%, now owning 10,614 shares. Ethic Inc. boosted its position by 55.6%, holding 2,025 shares after acquiring 724 more. FORA Capital LLC increased its stake by 39.6%, owning 2,829 shares. Deutsche Bank AG raised its position by 14.6%, holding 204,822 shares after purchasing an additional 26,036 shares. Bank of America Corp DE boosted its stake by 18.7%, owning 122,538 shares after buying 19,265 more. Brown Advisory Inc. increased its holdings by 16.1%, now owning 119,292 shares after acquiring 16,532 more. Comerica Bank grew its holdings by 5.4%, owning 4,262 shares after acquiring an additional 219 shares. Northern Trust Corp raised its stake by 22.0%, owning 204,748 shares.

Conversely, some investors reduced their positions. Cresset Asset Management LLC decreased its stake by 76.9%, now owning 333 shares after selling a significant portion. Geller Advisors LLC reduced its holdings by 46.6%, owning 225 shares after selling 196 shares. Fred Alger Management LLC cut its stake by 27.8%, now owning 747 shares after selling 287 shares. Eschler Asset Management LLP lowered its position by 30.0%, owning 464 shares after selling 199 shares. First Manhattan CO. LLC decreased its holdings by 0.2%, now owning 258,324 shares after selling a portion. Ameriprise Financial Inc. cut its holdings by 19.5%, owning 30,446 shares after selling 7,380 shares. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lowered its holdings by 10.8%, now owning 133,402 shares after selling 16,081 shares. Axa S.A. lessened its position by 9.5%, owning 3,717 shares after selling 389 shares. Beacon Pointe Advisors LLC reduced its position by 57.3%, now owning 109 shares after selling 146 shares. California State Teachers Retirement System decreased its holdings by 1.9%, owning 27,043 shares after selling 535 shares. Caisse DE Depot ET Placement DU Quebec lessened its holdings by 45.2%, now owning 45,132 shares after selling 37,570 shares. Becker Capital Management Inc. trimmed its holdings by 2.0%, now owning 7,830 shares after selling 163 shares.

AutoZone's stock has been the subject of various analyst ratings and price target adjustments. Oppenheimer upgraded AutoZone from a "market perform" rating to an "outperform" rating and set a $4,600.00 price target. Truist Financial raised the price target to $3,995.00. The stock has received an average recommendation of "Buy" from twenty-four research firms, with four holding recommendations and sixteen buy recommendations. The consensus rating reflects a positive outlook on the company's performance.