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AutoZone Director Sells $1M in Shares
George Mrkonic Jr. reduces stake by 9.43% through stock sale
Published on Feb. 27, 2026
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AutoZone, Inc. (NYSE:AZO) Director George Mrkonic, Jr. sold 336 shares of the company's stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $3,202.00, for a total transaction of $1,075,872.00. Following the transaction, Mrkonic now owns 3,228 shares of the company's stock, valued at approximately $10,336,056.
Why it matters
This insider sale represents a 9.43% decrease in Mrkonic's ownership stake in AutoZone, one of the largest auto parts retailers in the United States. Insider transactions can provide insights into a company's performance and future outlook from the perspective of those closest to the business.
The details
Mrkonic's stock sale comes as AutoZone's share price has fluctuated in recent months, trading between a 52-week low of $3,210.72 and a high of $4,388.11. The company reported mixed financial results in its most recent quarter, with earnings per share falling short of analyst expectations.
- The stock sale occurred on Tuesday, December 31st, 2026.
The players
George Mrkonic, Jr.
A director on AutoZone's board who has reduced his ownership stake in the company by 9.43% through this stock sale.
AutoZone, Inc.
A leading retailer and distributor of automotive replacement parts and accessories, headquartered in Memphis, Tennessee.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
This insider sale by an AutoZone director highlights the volatility in the company's stock price and the need for investors to closely monitor insider transactions for potential signals about a company's future performance.
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