Insider Selling: O’Reilly Automotive (NASDAQ:ORLY) SVP Sells $699,205.00 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Free Report) SVP Larry Gray sold 7,750 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $90.22, for a total transaction of $699,205.00. Following the transaction, the senior vice president owned 4,971 shares of the company’s stock, valued at $448,483.62. The trade was a 60.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

O’Reilly Automotive Stock Down 1.7%

O’Reilly Automotive stock opened at $89.89 on Friday. The company has a market capitalization of $72.72 billion, a P/E ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.55. The stock’s 50 day moving average is $87.33 and its 200 day moving average is $90.44. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $102.46.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $5.12 billion during the quarter, compared to analyst estimates of $5.02 billion. O’Reilly Automotive had a negative return on equity of 188.24% and a net margin of 14.27%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the company earned $0.85 EPS. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 3.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ORLY. Wolfe Research set a $98.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. DA Davidson restated a “buy” rating and set a $106.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, September 16th. The Goldman Sachs Group reaffirmed a “conviction-buy” rating and issued a $104.00 target price on shares of O’Reilly Automotive in a report on Friday, October 30th. Sanford C. Bernstein started coverage on shares of O’Reilly Automotive in a research note on Tuesday, September 29th. They issued a “market perform” rating and a $94.00 target price on the stock. Finally, Weiss Ratings cut shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $108.00.

Get Our Latest Research Report on ORLY

Institutional Investors Weigh In On O’Reilly Automotive

Institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in O’Reilly Automotive during the second quarter valued at $5,950,042,000. Bank of New York Mellon Corp bought a new position in O’Reilly Automotive in the second quarter valued at about $1,023,936,000. Bank of America Corp DE bought a new position in O’Reilly Automotive in the second quarter valued at about $721,747,000. Jupiter Topco LLC purchased a new position in O’Reilly Automotive in the second quarter worth about $579,757,000. Finally, Legal & General Group Plc purchased a new position in O’Reilly Automotive in the second quarter worth about $439,123,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive News Summary

Here are the key news stories impacting O’Reilly Automotive this week:

About O’Reilly Automotive

(Get Free Report)

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools and accessories. Its products serve both do-it-yourself customers maintaining their own vehicles and professional repair shops.

The company also offers services such as battery testing, check-engine-light code reading and parts installation assistance. Its operations include retail stores and distribution centers that support customers and professional service providers.

Founded in 1957 by Charles F.

See Also

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

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