O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells $325,185.04 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Andrea Weiss sold 248 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total value of $325,185.04. Following the transaction, the director now directly owns 452 shares of the company’s stock, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

O’Reilly Automotive Stock Up 1.5 %

Shares of ORLY opened at $1,373.64 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,378.76. The firm has a market capitalization of $79.30 billion, a price-to-earnings ratio of 33.78, a P/E/G ratio of 2.34 and a beta of 0.94. The stock’s 50-day moving average price is $1,264.60 and its 200 day moving average price is $1,209.61.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several recent research reports. Barclays raised their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Evercore ISI raised their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Wedbush raised their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, DA Davidson raised their price target on 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. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

Institutional Investors Weigh In On O’Reilly Automotive

Large investors have recently modified their holdings of the stock. Assetmark Inc. grew its stake in shares of O’Reilly Automotive by 20.8% in the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares during the period. Annex Advisory Services LLC boosted its holdings in shares of O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after acquiring an additional 6,418 shares in the last quarter. CIBC Asset Management Inc boosted its holdings in shares of O’Reilly Automotive by 4.7% in the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after acquiring an additional 882 shares in the last quarter. Montecito Bank & Trust acquired a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $365,000. Finally, Y Intercept Hong Kong Ltd boosted its holdings in shares of O’Reilly Automotive by 824.6% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer’s stock worth $4,276,000 after acquiring an additional 3,216 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

About O’Reilly Automotive

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.