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AutoZone CFO Jamere Jackson sells $22.9M of company stock

AutoZone CFO Jamere Jackson sells $22.9M of company stock

Jamere Jackson, AutoZone's CFO, sold a significant portion of company stock worth approximately $22.9 million on November 4, 2026. This transaction involved the sale of 6,900 shares of AutoZone common stock, with prices ranging from $3,299.05 to $3,329.66 per share. The sale came after Jackson exercised non-qualified stock options, purchasing the shares at an exercise price of $1,139.99 per share, totaling around $7.87 million.

Following these actions, Jackson now directly owns 496.2718 shares of AutoZone common stock. The stock, currently trading at $3,216 with a market capitalization of $53.3 billion, has seen a decline of 13.5% over the past year, leading analysts to deem the company overvalued relative to its Fair Value estimate. This sale follows AutoZone's announcement that Jackson would be leaving the company to join FedEx Corporation.

Analysts have provided a range of assessments on AutoZone's financial health and stock value, with some lowering price targets while maintaining a generally positive outlook.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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