Autozone director buys more than $150,000 in shares

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Autozone director buys more than $150,000 in shares

Bobby Raines 10/16/2013

Douglas Brooks, a director at Autozone ( AZO ) , spent $150,001 to increase his stake in the company's common stock on October 15. The purchase increased Brooks' direct holdings by more than 200%.

IK-> The technicals for AZO ($423.29 up $3.06) are bullish with a neutral trend. Recent support has been around $419.40 and recent resistance has been near $427.42. Standard & Poor's dhas a three STARs (out of five) rating on the stock. Look at the Dec. 370/380 bull-put spread for a 75-cent credit. That's an 8.11% return and the stock has to fall 10.2% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: AZO

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