Gotham Asset Management 13F: Adds $9.2M to AutoNation (AN) Stake

Gotham Asset Management has boosted its stake in AutoNation, Inc. (NYSE: AN) by about 46,844 shares, reflecting a 24.6% increase. As of the latest 13F filing with the SEC, Gotham now holds 237,465 shares valued at approximately $46.49 million. This filing reflects holdings as of the end of the reporting period and may not represent the investor's current position.

What Changed in Gotham Asset Management's AutoNation Position

Gotham Asset Management increased its investment in AutoNation by 46,844 shares, raising its total to 237,465 shares. This represents a 24.6% increase from the previous 190,621 shares held. The current value of Gotham's position in AutoNation stands at about $46.49 million.

Other Institutional Activity in AutoNation

BlackRock, Inc. reduced its holdings in AutoNation by 50,057 shares, ending with 2,442,063 shares valued at approximately $476.84 million. Brave Warrior Advisors, LLC trimmed its position by 5,013 shares, now holding 1,547,728 shares worth $302.21 million. Meanwhile, Dimensional Fund Advisors LP increased its stake by 56,641 shares to 1,478,991 shares valued at $288.78 million. Alyeska Investment Group, L.P. made a significant addition, boosting its holdings by 589,661 shares to 890,738, valued at $173.93 million.

AutoNation, Inc. Stock Up 16.3%

Shares of AutoNation, Inc. (NYSE: AN) traded near $195.78. The company boasts a market cap of $6.55 billion and a P/E ratio of 10.63, with a forward P/E of 8.07. AutoNation's stock has a 52-week range between $176.62 and $228.92. Its 50-day moving average is $196.45, while the 200-day moving average stands at $204.57. The company's beta is 0.744, indicating lower volatility compared to the market.

Recent Earnings

AutoNation reported revenue of $27.49 billion, with a slight decline in revenue growth of 2.1%. The company's net margin is 2.47%, and it has a return on equity of 29.33%. The next earnings report is expected on July 31, 2026.

Insider Buying and Selling at AutoNation, Inc.

Recent insider activity at AutoNation included several transactions. On March 1, 2026, CEO Michael Manley bought 23,412 shares, while EVP & CFO Thomas Szlosek also purchased 4,093 shares. Conversely, SVP & CAO Kimberly Dees sold 2,500 shares on May 5, 2026, at an average price of $204.91.

Analysts Set New Price Targets

Analyst activity has been positive for AutoNation. On May 27, 2026, UBS initiated coverage with a 'buy' rating and a $234 price target. Citigroup maintained its 'buy' rating with a $287 target on May 14, 2026. Barclays also maintained a 'buy' rating with a $255 target on May 6, 2026. The consensus among analysts is a 'buy' rating, with a mean target price of $242.75 based on 12 analyst opinions.

About AutoNation, Inc.

AutoNation, Inc. is a leading automotive retailer in the United States, headquartered in Fort Lauderdale, Florida. The company operates through various segments, including Domestic, Import, Premium Luxury, and AutoNation Finance, providing new and used vehicles, automotive repair, maintenance, and parts services. AutoNation also offers finance and insurance products, and operates in metropolitan markets across the Sunbelt region. Under the leadership of CEO Michael M. Manley, AutoNation employs approximately 24,800 people.

Bottom Line

Gotham Asset Management's increased stake in AutoNation shows a strong vote of confidence in the automotive retailer. AutoNation's stock performance and market position make it a company to watch, especially with active insider trading and positive analyst ratings. However, remember that 13F filings are backward-looking and may not reflect current positions.