O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Sells $4,041,455.95 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares of the company’s stock, valued at approximately $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY traded down $16.16 during trading hours on Wednesday, hitting $1,330.42. 318,499 shares of the company’s stock traded hands, compared to its average volume of 333,457. The firm has a market capitalization of $76.81 billion, a P/E ratio of 32.72, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The business has a fifty day moving average price of $1,256.62 and a 200-day moving average price of $1,205.97. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (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%. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Marks Group Wealth Management Inc boosted its position in O’Reilly Automotive by 1.5% in the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after buying an additional 9 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares during the period. Metis Global Partners LLC boosted its holdings in shares of O’Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after purchasing an additional 9 shares during the period. L.M. Kohn & Company raised its position in O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares in the last quarter. Finally, Advisory Alpha LLC lifted its holdings in shares of O’Reilly Automotive by 4.4% in the 4th quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock worth $255,000 after buying an additional 9 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. Royal Bank of Canada boosted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Barclays boosted their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. BMO Capital Markets raised their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Evercore ISI raised their price target 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. Finally, StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus 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.