BlackRock Amends AutoZone Stake: 13G/A Filing Updates Holdings
Ticker: AZO · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 866787
| Field | Detail |
|---|---|
| Company | Autozone INC (AZO) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, ownership-change
TL;DR
**BlackRock just updated its AutoZone holdings, watch for market reaction!**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating a change in their ownership stake in AutoZone Inc. as of December 31, 2023. This amendment, number 12, updates their previous disclosures regarding their holdings of AutoZone's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in AutoZone's future performance, potentially influencing other investors' decisions.
Why It Matters
Large institutional investor BlackRock updating its stake in AutoZone can influence market perception and potentially impact the stock price, as it signals their current investment strategy.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently signal significant risk or opportunity, but rather a change in ownership percentage.
Analyst Insight
Investors should monitor subsequent filings from BlackRock to track their evolving position in AutoZone and consider if this aligns with their own investment thesis for the company.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- AutoZone Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of SEC filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 12)'.
Which company is the subject of this filing?
The subject company is AUTOZONE INC, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTOZONE INC'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as identified under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' and 'Names of reporting persons. BlackRock, Inc.'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of AutoZone Inc. is 053332102, as listed under 'CUSIP Number'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding AUTOZONE INC (AZO).