Dominick P. Zarcone Sells 5,000 Shares of LKQ Co. (NASDAQ:LKQ) Stock

LKQ Co. (NASDAQ:LKQ) Director Dominick P. Zarcone sold 5,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $36.14, for a total transaction of $180,700.00. Following the completion of the transaction, the director now owns 369,462 shares in the company, valued at approximately $13,352,356.68. The trade was a 1.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

LKQ Price Performance

NASDAQ LKQ opened at $36.96 on Tuesday. The stock has a market capitalization of $9.61 billion, a price-to-earnings ratio of 13.79 and a beta of 1.29. LKQ Co. has a 1-year low of $35.56 and a 1-year high of $53.68. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.72 and a quick ratio of 0.67. The business’s fifty day moving average price is $37.77 and its 200-day moving average price is $39.04.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LKQ. Stifel Nicolaus dropped their target price on shares of LKQ from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Barrington Research reiterated an “outperform” rating and set a $60.00 target price on shares of LKQ in a research note on Friday, October 25th. Robert W. Baird decreased their price target on LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, StockNews.com raised LKQ from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $53.80.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of LKQ. Massachusetts Financial Services Co. MA increased its position in shares of LKQ by 0.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 11,977,708 shares of the auto parts company’s stock valued at $478,150,000 after purchasing an additional 33,212 shares during the last quarter. State Street Corp increased its holdings in LKQ by 1.2% during the third quarter. State Street Corp now owns 11,449,166 shares of the auto parts company’s stock valued at $457,051,000 after buying an additional 134,176 shares during the last quarter. Nordea Investment Management AB raised its position in LKQ by 11.0% in the fourth quarter. Nordea Investment Management AB now owns 8,406,444 shares of the auto parts company’s stock worth $309,609,000 after acquiring an additional 833,519 shares during the period. Geode Capital Management LLC boosted its stake in shares of LKQ by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 6,542,740 shares of the auto parts company’s stock worth $260,330,000 after acquiring an additional 21,161 shares during the last quarter. Finally, FMR LLC grew its position in shares of LKQ by 7.3% during the 3rd quarter. FMR LLC now owns 6,020,689 shares of the auto parts company’s stock valued at $240,346,000 after acquiring an additional 411,390 shares during the period. Institutional investors own 95.63% of the company’s stock.

About LKQ

LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as mechanical automotive parts and accessories; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.