Insider Selling: O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells 1,000 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Lawrence P. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $1,303.68, for a total value of $1,303,680.00. Following the completion of the sale, the director now directly owns 135,377 shares of the company’s stock, valued at approximately $176,488,287.36. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

O’Reilly Automotive Stock Up 0.9 %

Shares of ORLY stock traded up $11.50 during trading hours on Monday, hitting $1,314.91. 375,034 shares of the company’s stock were exchanged, compared to its average volume of 330,048. The firm has a 50 day moving average of $1,253.69 and a two-hundred day moving average of $1,203.04. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The firm has a market cap of $75.91 billion, a P/E ratio of 32.34, a P/E/G ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates 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%. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Institutional Trading of O’Reilly Automotive

Several hedge funds have recently made changes to their positions in ORLY. Lee Danner & Bass Inc. acquired a new stake in shares of O’Reilly Automotive during the fourth quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $30,000. Murphy & Mullick Capital Management Corp acquired a new stake in O’Reilly Automotive in the 4th quarter valued at approximately $31,000. Kestra Investment Management LLC purchased a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $32,000. Finally, Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive during the third quarter worth $32,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several research analyst reports. Barclays lifted their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. DA Davidson increased their price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Mizuho raised their target price on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, Guggenheim boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $1,390.81.

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.