Stephens & Co. Maintains Equal-Weight on AutoNation, Raises Price Target to $141
Stephens & Co. analyst Rick Nelson maintains AutoNation (NYSE:AN) with a Equal-Weight and raises the price target from $120 to $141.
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Why Carvana Shares Are Rising
Carvana Co (NYSE: CVNA) shares are trading higher by 4.4% at $301.90, possibly in sympathy with AutoNation (NYSE: AN), which reported better-than-expected third-quarter results.
AutoNation Stock Gains As Q3 Earnings Beat On Pent Up Demand, Adds $1B Buyback
AutoNation Inc (NYSE:AN) reported third-quarter FY21 sales growth of 18% year-on-year, to $6.38 billion, beating the analyst consensus of $6.31 million.…
Earnings Scheduled For October 21, 2021
Companies Reporting Before The Bell
• Tri Pointe Homes (NYSE:TPH) is estimated to report quarterly earnings at $0.89 per share on revenue of $946.97 million.
Autonation Insider Sold $11M In Company Stock
William Gates Iii, 10% Owner at Autonation (NYSE:AN), made a large insider sell on October 1, according to a new SEC filing.
10 Biggest Price Target Changes For Wednesday
Barclays cut Micron Technology, Inc. (NASDAQ: MU) price target from $110 to $87. Micron shares fell 3.6% to $70.45 in pre-market trading.
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.