20 Most Expensive Stocks Insiders Are Dumping In March

1. AutoZone, Inc. (NYSE:AZO)

Market Capitalization: $61.43 billion

AutoZone is a leading retailer and distributor of automotive replacement parts and accessories, serving customers in the US, Mexico, and Brazil. It ranks first among the 20 most expensive stocks insiders are dumping in March. The Memphis, Tennessee-based company offers a wide variety of products, ranging from essential maintenance items to specialized parts and accessories. AutoZone serves both do-it-yourself (DIY) customers and professional mechanics through a variety of sales channels, including online platforms and commercial programs.

This month, AutoZone disclosed net sales of $4.0 billion for its second quarter ended Feb. 15, 2025, an increase of 2.4% from the second quarter of fiscal 2024. For the quarter, gross profit, as a percentage of sales, was flat to last year at 53.9%. Operating profit decreased 4.9% to $706.8 million. Net income for the quarter decreased 5.3% over the same period last year to $487.9 million, while diluted earnings per share decreased 2.1% to $28.29.

In March, four insiders, including the senior vice president and CIO, sold a total of $17.01 million worth of AutoZone shares at an average price of $3,565.67 per share. The stock is now trading at $3,672.23 per share, having gained 15.69% year-to-date, and 15.06% over the past 12 months.

According to 20 analysts, AutoZone stock has an average rating of “Strong Buy,” reports StockAnalysis. The 12-month price target is $3,717.70, indicating a 1.16% increase from the current price.

AutoZone is also one of the 12 stocks to buy that may be splitting soon.

Overall, AZO is first among the 20 most expensive stocks insiders are dumping in March. While we acknowledge the potential of AZO our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AZO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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