Insider Selling: O’Reilly Automotive, Inc. (ORLY) Director Sells 5,000 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Rosalie Oreilly Wooten sold 5,000 shares of the stock in a transaction on Friday, August 25th. The shares were sold at an average price of $200.87, for a total value of $1,004,350.00. Following the sale, the director now owns 72,562 shares in the company, valued at $14,575,528.94. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Rosalie Oreilly Wooten also recently made the following trade(s):

  • On Thursday, August 3rd, Rosalie Oreilly Wooten sold 5,000 shares of O’Reilly Automotive stock. The stock was sold at an average price of $210.14, for a total value of $1,050,700.00.

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) traded up 3.78% during trading on Wednesday, reaching $206.80. 391,672 shares of the company were exchanged. The stock has a market capitalization of $18.20 billion, a P/E ratio of 18.11 and a beta of 0.76. The firm has a 50-day moving average price of $199.13 and a 200-day moving average price of $232.12. O’Reilly Automotive, Inc. has a 1-year low of $169.43 and a 1-year high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 26th. The specialty retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.90 by $0.20. O’Reilly Automotive had a net margin of 12.23% and a return on equity of 72.22%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the prior year, the business posted $2.65 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities research analysts predict that O’Reilly Automotive, Inc. will post $11.87 earnings per share for the current fiscal year.

O’Reilly Automotive declared that its Board of Directors has approved a stock repurchase program on Friday, September 1st that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the specialty retailer to buy up to 5.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

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Hedge funds have recently modified their holdings of the stock. Parkside Financial Bank & Trust increased its position in shares of O’Reilly Automotive by 1.2% in the first quarter. Parkside Financial Bank & Trust now owns 414 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 5 shares in the last quarter. Monetary Management Group Inc. increased its position in shares of O’Reilly Automotive by 16.3% in the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after acquiring an additional 65 shares in the last quarter. Barrett Asset Management LLC increased its position in shares of O’Reilly Automotive by 261.5% in the second quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock worth $103,000 after acquiring an additional 340 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of O’Reilly Automotive by 23.1% in the first quarter. Proficio Capital Partners LLC now owns 496 shares of the specialty retailer’s stock worth $119,000 after acquiring an additional 93 shares in the last quarter. Finally, FTB Advisors Inc. increased its position in shares of O’Reilly Automotive by 108.2% in the first quarter. FTB Advisors Inc. now owns 506 shares of the specialty retailer’s stock worth $124,000 after acquiring an additional 263 shares in the last quarter. 96.69% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages recently commented on ORLY. UBS AG cut O’Reilly Automotive from a “positive” rating to a “neutral” rating in a report on Tuesday, June 20th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday, August 9th. Wedbush reissued a “neutral” rating on shares of O’Reilly Automotive in a report on Thursday, July 6th. Morgan Stanley cut O’Reilly Automotive from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $200.00 to $195.00 in a report on Thursday, July 6th. Finally, Bank of America Corporation cut O’Reilly Automotive from a “buy” rating to a “neutral” rating and decreased their price target for the company from $325.00 to $200.00 in a report on Friday, July 7th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. O’Reilly Automotive has an average rating of “Hold” and an average price target of $245.30.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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

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