BlackRock Amends AutoZone Stake: 13G/A Filing Updates Holdings

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

From the Filing

0001086364-24-004648.txt : 20240126 0001086364-24-004648.hdr.sgml : 20240126 20240126162342 ACCESSION NUMBER: 0001086364-24-004648 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTOZONE INC CENTRAL INDEX KEY: 0000866787 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 621482048 STATE OF INCORPORATION: NV FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42117 FILM NUMBER: 24568137 BUSINESS ADDRESS: STREET 1: 123 SOUTH FRONT ST CITY: MEMPHIS STATE: TN ZIP: 38103 BUSINESS PHONE: 9014956500 MAIL ADDRESS: STREET 1: P O BOX 2198 STREET 2: DEPT 8074 CITY: MEMPHIS STATE: TN ZIP: 38101-2198 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us0533321024_012624.txt us0533321024_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 12) AUTOZONE INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 053332102 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 053332102 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 1141373 (6) Shared voting power 0 (7) Sole dispositive power 1273656 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 1273656 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.4% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- AUTOZONE INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- P O BOX 2198, DEPT 8074 MEMPHIS TN 38101-2198 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ------------------------------------