Nisa Investment Advisors LLC Sells 1,462 Shares of AutoZone, Inc. $AZO

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Nisa Investment Advisors LLC reduced its stake in AutoZone Inc. by 22.9% in the fourth quarter, selling 1,462 shares and retaining 4,913 shares valued at approximately $16.66 million. Institutional investors now own 92.74% of AutoZone, while company insiders have sold 9,447 shares over the past three months, reducing their ownership to 2.60%. AutoZone reported Q EPS of $27.63, slightly beating estimates, on revenue of $4.27 billion, which was an 8.2% increase year-over-year but a slight miss on analyst expectations.

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