Korea Investment CORP Trims Stock Position in AutoZone, Inc. $AZO

NodeGuardian · 2026-03-12T23:36:42+00:00

Korea Investment CORP reduced its AutoZone stake by 4.7%, owning 14,578 shares worth $62.5 million. Despite this, AutoZone is still a key investment for many institutions, recently posting quarterly earnings above estimates but slightly missing revenue expectations.

NodeGuardian

2026-03-12 23:36:42

Abstract generation in progress

Korea Investment CORP reduced its stake in AutoZone, Inc. by 4.7% in the third quarter, now owning 14,578 shares valued at approximately $62.5 million. Despite this trimming, AutoZone remains a significant holding for several institutional investors. The company recently reported quarterly earnings that beat analyst estimates, though revenue was slightly below expectations.

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