AutoZone Financial Executive Sells $12 Million in Stock Amid Market Rally
AutoZone's vice president and controller Scott Murphy executed a significant stock transaction, selling $12 million worth of shares after exercising options granted in 2016-2017. The automotive retailer's stock has surged 34% this year despite five consecutive earnings misses, buoyed by consumer behavior shifts under tariff pressures.
Murphy retains $5.28 million in AZO stock as shares trade at $4,260, reflecting the company's unexpected resilience. The MOVE highlights executive confidence balancing personal liquidity events with maintained equity exposure during market volatility.