O’Reilly Automotive, Inc. (ORLY) Director Paul R. Lederer Sells 1,130 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Paul R. Lederer sold 1,130 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $211.00, for a total transaction of $238,430.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Paul R. Lederer also recently made the following trade(s):

  • On Friday, November 10th, Paul R. Lederer sold 845 shares of O’Reilly Automotive stock. The stock was sold at an average price of $214.77, for a total transaction of $181,480.65.

O’Reilly Automotive, Inc. (ORLY) opened at $214.17 on Tuesday. O’Reilly Automotive, Inc. has a 1 year low of $169.43 and a 1 year high of $286.57. The company has a market cap of $18,232.49, a P/E ratio of 18.63, a P/E/G ratio of 1.27 and a beta of 0.80. The company has a current ratio of 0.93, a quick ratio of 0.10 and a debt-to-equity ratio of 4.72.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, beating the Zacks’ consensus estimate of $3.15 by $0.07. O’Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the firm posted $2.90 earnings per share. The firm’s revenue was up 5.3% on a year-over-year basis. equities analysts anticipate that O’Reilly Automotive, Inc. will post 11.91 EPS for the current fiscal year.

O’Reilly Automotive declared that its Board of Directors has approved a share buyback plan on Friday, September 1st that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the specialty retailer to repurchase up to 5.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

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ORLY has been the topic of a number of recent analyst reports. Northcoast Research upgraded shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $230.00 price target on the stock in a research report on Tuesday, July 18th. They noted that the move was a valuation call. Oppenheimer Holdings, Inc. dropped their price target on shares of O’Reilly Automotive from $300.00 to $220.00 and set an “outperform” rating on the stock in a research report on Thursday, July 20th. Deutsche Bank AG restated a “hold” rating and set a $190.00 price target (down from $272.00) on shares of O’Reilly Automotive in a research report on Friday, July 21st. UBS AG restated a “buy” rating and set a $230.00 price target (down from $255.00) on shares of O’Reilly Automotive in a research report on Tuesday, July 25th. Finally, Wedbush restated a “neutral” rating and set a $195.00 price target on shares of O’Reilly Automotive in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $243.48.

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlueCrest Capital Management Ltd purchased a new position in O’Reilly Automotive during the second quarter valued at approximately $3,667,000. Principal Financial Group Inc. grew its position in O’Reilly Automotive by 14.6% in the second quarter. Principal Financial Group Inc. now owns 1,773,493 shares of the specialty retailer’s stock worth $387,935,000 after acquiring an additional 226,450 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in O’Reilly Automotive by 9.0% in the second quarter. The Manufacturers Life Insurance Company now owns 261,751 shares of the specialty retailer’s stock worth $57,255,000 after acquiring an additional 21,702 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in O’Reilly Automotive by 5.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 303,223 shares of the specialty retailer’s stock worth $66,327,000 after acquiring an additional 14,745 shares in the last quarter. Finally, McKinley Carter Wealth Services Inc. grew its position in O’Reilly Automotive by 1.3% in the second quarter. McKinley Carter Wealth Services Inc. now owns 9,603 shares of the specialty retailer’s stock worth $2,101,000 after acquiring an additional 125 shares in the last quarter. 97.98% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Insider Buying and Selling by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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