O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Brad W. Beckham Sells 833 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the sale, the chief executive officer now directly owns 760 shares of the company’s stock, valued at $988,000. This represents a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

O’Reilly Automotive Stock Down 0.7 %

Shares of O’Reilly Automotive stock opened at $1,303.41 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The business has a fifty day simple moving average of $1,253.69 and a 200 day simple moving average of $1,201.75. The stock has a market cap of $75.25 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. BMO Capital Markets lifted their target price on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Truist Financial lifted their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Evercore ISI lifted their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ORLY. Foundations Investment Advisors LLC bought a new position in O’Reilly Automotive during the third quarter worth about $205,000. Sequoia Financial Advisors LLC lifted its holdings in O’Reilly Automotive by 19.6% during the third quarter. Sequoia Financial Advisors LLC now owns 2,033 shares of the specialty retailer’s stock worth $2,341,000 after acquiring an additional 333 shares in the last quarter. Private Advisor Group LLC lifted its holdings in O’Reilly Automotive by 9.9% during the third quarter. Private Advisor Group LLC now owns 2,660 shares of the specialty retailer’s stock worth $3,063,000 after acquiring an additional 239 shares in the last quarter. Weaver Capital Management LLC lifted its holdings in O’Reilly Automotive by 7.2% during the third quarter. Weaver Capital Management LLC now owns 238 shares of the specialty retailer’s stock worth $274,000 after acquiring an additional 16 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI lifted its holdings in O’Reilly Automotive by 29.5% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 417 shares of the specialty retailer’s stock worth $481,000 after acquiring an additional 95 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.