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

O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Brad W. Beckham sold 833 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink.

O’Reilly Automotive Trading Down 0.7 %

Shares of O’Reilly Automotive stock traded down $9.03 on Friday, hitting $1,303.41. 275,102 shares of the company traded hands, compared to its average volume of 330,450. The firm’s 50-day simple moving average is $1,253.03 and its 200 day simple moving average is $1,200.38. The company has a market cap of $75.25 billion, a P/E ratio of 32.06, a P/E/G ratio of 2.31 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Analysts predict that O’Reilly Automotive, Inc. will post 44.01 earnings per share for the current year.

Institutional Investors Weigh In On O’Reilly Automotive

Large investors have recently modified their holdings of the stock. Lee Danner & Bass Inc. bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $30,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $31,000. Kestra Investment Management LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $32,000. Finally, Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive during the 3rd quarter valued at about $32,000. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of research reports. Truist Financial increased their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. TD Cowen raised their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Mizuho raised their price objective 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. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, UBS Group raised their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and an average price target 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.