GSA Capital Partners LLP Acquires 4,235 Shares of AutoNation, Inc. (NYSE:AN)

GSA Capital Partners LLP raised its position in shares of AutoNation, Inc. (NYSE:AN - Free Report) by 202.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,329 shares of the company's stock after buying an additional 4,235 shares during the period. GSA Capital Partners LLP's holdings in AutoNation were worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. GAMMA Investing LLC grew its holdings in AutoNation by 90.6% during the 2nd quarter. GAMMA Investing LLC now owns 202 shares of the company's stock worth $32,000 after acquiring an additional 96 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in AutoNation in the second quarter valued at about $37,000. Venturi Wealth Management LLC increased its position in AutoNation by 403.6% in the third quarter. Venturi Wealth Management LLC now owns 282 shares of the company's stock worth $50,000 after purchasing an additional 226 shares during the period. Headlands Technologies LLC bought a new stake in AutoNation during the 1st quarter worth about $57,000. Finally, Quarry LP lifted its position in AutoNation by 498.5% during the 2nd quarter. Quarry LP now owns 407 shares of the company's stock valued at $65,000 after purchasing an additional 339 shares during the period. 94.62% of the stock is currently owned by institutional investors.

AutoNation Stock Down 1.3 %

AN traded down $2.17 during trading on Friday, reaching $164.80. The company had a trading volume of 269,910 shares, compared to its average volume of 430,875. The company has a market cap of $6.53 billion, a P/E ratio of 9.50, a PEG ratio of 3.44 and a beta of 1.21. AutoNation, Inc. has a 12 month low of $129.32 and a 12 month high of $197.18. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.80 and a quick ratio of 0.20. The business's fifty day moving average price is $166.85 and its 200 day moving average price is $168.26.

Analyst Upgrades and Downgrades

AN has been the topic of several analyst reports. Wells Fargo & Company cut their price objective on shares of AutoNation from $187.00 to $181.00 and set an "equal weight" rating on the stock in a report on Tuesday, October 15th. Morgan Stanley upgraded AutoNation from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $145.00 to $200.00 in a research report on Wednesday, September 25th. Stephens started coverage on AutoNation in a report on Thursday, September 12th. They issued an "overweight" rating and a $210.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on AutoNation from $190.00 to $180.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. Finally, Bank of America decreased their target price on AutoNation from $220.00 to $215.00 and set a "buy" rating for the company in a research report on Monday, October 14th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $199.00.

Insider Activity at AutoNation

In other AutoNation news, major shareholder Edward S. Lampert sold 39,194 shares of the company's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $183.43, for a total transaction of $7,189,355.42. Following the completion of the transaction, the insider now owns 3,786,144 shares of the company's stock, valued at $694,492,393.92. This represents a 1.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.74% of the stock is currently owned by insiders.

AutoNation Company Profile

AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.