AutoNation, Inc. (NYSE:AN) Director Robert R. Grusky Sells 5,000 Shares

AutoNation, Inc. (NYSE:AN) Director Robert R. Grusky sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the sale, the director now directly owns 37,677 shares in the company, valued at $2,072,235. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

AutoNation, Inc. (NYSE:AN) traded down $0.72 during trading hours on Tuesday, hitting $57.24. The stock had a trading volume of 660,831 shares, compared to its average volume of 878,160. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.17. The stock has a market cap of $5,288.49, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 2.20 and a beta of 1.28. AutoNation, Inc. has a 52-week low of $38.20 and a 52-week high of $59.05.

AutoNation (NYSE:AN) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.16. AutoNation had a return on equity of 16.40% and a net margin of 1.87%. The business had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.58 billion. During the same quarter in the prior year, the business posted $1.05 EPS. AutoNation’s revenue for the quarter was down 2.4% compared to the same quarter last year. research analysts anticipate that AutoNation, Inc. will post 3.75 earnings per share for the current year.

Several equities analysts recently issued reports on AN shares. UBS Group cut AutoNation from a “positive” rating to a “neutral” rating in a research report on Thursday, September 28th. Northcoast Research cut AutoNation from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 4th. Berenberg Bank started coverage on AutoNation in a report on Wednesday, October 4th. They set a “buy” rating and a $55.00 price target on the stock. ValuEngine raised AutoNation from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. Finally, Moffett Nathanson started coverage on AutoNation in a report on Monday, December 4th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $46.88.

Several institutional investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in AutoNation by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,890 shares of the company’s stock worth $206,000 after purchasing an additional 24 shares during the last quarter. Sheaff Brock Investment Advisors LLC bought a new stake in AutoNation in the third quarter worth about $212,000. Nomura Holdings Inc. bought a new stake in AutoNation in the second quarter worth about $219,000. Pinebridge Investments L.P. purchased a new position in shares of AutoNation during the second quarter worth approximately $250,000. Finally, DekaBank Deutsche Girozentrale increased its position in shares of AutoNation by 22.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 5,918 shares of the company’s stock worth $263,000 after acquiring an additional 1,092 shares during the period. Hedge funds and other institutional investors own 77.73% of the company’s stock.

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AutoNation Company Profile

AutoNation, Inc (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources.

Insider Buying and Selling by Quarter for AutoNation (NYSE:AN)

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