2 weeks Ago By ABMN Staff
AutoNation, Inc. ( NYSE:AN – Get Free Report ) major shareholder Edward S. Lampert sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 23rd.
The stock was sold at an average price of $182.06, for a total value of $91,030.00.
Following the completion of the transaction, the insider now directly owns 3,825,338 shares in the company, valued at $696,441,036.28. The sale was disclosed in a legal filing with the SEC, which is available through this link .
Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC. AutoNation Stock Up 0.6 % Shares of NYSE:AN opened at $178.
92 on Friday. The company has a 50 day moving average price of $170.20 and a two-hundred day moving average price of $163.
03. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.
21 and a current ratio of 0.78. The company has a market capitalization of $7.
20 billion, a PE ratio of 8.48, a PEG ratio of 3.48 and a beta of 1.
21. AutoNation, Inc. has a 52 week low of $123.
81 and a 52 week high of $197.18. AutoNation ( NYSE:AN – Get Free Report ) last announced its quarterly earnings results on Wednesday, July 31st.
The company reported $3.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.31 by ($0.
32). The firm had revenue of $6.48 billion during the quarter, compared to analyst estimates of $6.
72 billion. AutoNation had a net margin of 2.93% and a return on equity of 36.
50%. AutoNation’s quarterly revenue was down 5.9% on a year-over-year basis.
During the same period last year, the firm earned $6.29 EPS. Analysts forecast that AutoNation, Inc.
will post 17.67 earnings per share for the current year. Wall Street Analyst Weigh In View Our Latest Analysis on AutoNation Institutional Inflows and Outflows Institutional investors and hedge funds have recently added to or reduced their stakes in the business.
Boston Partners acquired a new stake in AutoNation during the 1st quarter worth approximately $170,270,000. Norges Bank acquired a new stake in shares of AutoNation during the fourth quarter worth $42,748,000. Eminence Capital LP raised its holdings in shares of AutoNation by 84.
4% during the fourth quarter. Eminence Capital LP now owns 261,940 shares of the company’s stock worth $39,338,000 after acquiring an additional 119,866 shares during the period. WINTON GROUP Ltd bought a new stake in AutoNation in the 2nd quarter valued at $15,832,000.
Finally, Lodge Hill Capital LLC acquired a new position in AutoNation in the 2nd quarter worth $15,141,000. 94.62% of the stock is owned by institutional investors and hedge funds.
AutoNation Company Profile ( Get Free Report ) AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.
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