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Nutshell Asset Management invests $8.77 million in AutoZone despite the company's recent financial struggles.
Nutshell Asset Management has bought 2,739 shares of AutoZone, Inc., worth about $8.77 million, making it their 7th largest portfolio position.
AutoZone recently reported a lower-than-expected earnings per share of $28.29 and has faced insider selling.
The company, which retails automotive parts, has a market cap of $61.32 billion and received a "Moderate Buy" rating with a target price of $3,724.
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Nutshell Asset Management invierte $8,77 millones en AutoZone a pesar de las recientes luchas financieras de la compañía.