Lawrence P. Oreilly sells 5,000 shares of O’Reilly Automotive, Inc. (NASDAQ: ORLY)


O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) director Lawrence P. Oreilly sold 5,000 shares of the company in a trade that took place on Tuesday, August 16. The shares were sold at an average price of $739.38, for a total value of $3,696,900.00. Following the transaction, the administrator now directly owns 82,283 shares of the company, valued at $60,838,404.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Performance of O’Reilly auto stocks

NASDAQ:ORLY shares opened at $743.76 on Thursday. O’Reilly Automotive, Inc. has a one-year minimum of $562.90 and a one-year maximum of $750.88. The stock has a fifty-day moving average of $665.37 and a 200-day moving average of $664.25. The company has a market capitalization of $47.09 billion, a PE ratio of 23.49, a growth price-earnings ratio of 1.87 and a beta of 1.00.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last reported quarterly earnings data on Wednesday, July 27. The specialty retailer reported EPS of $8.78 for the quarter, missing analyst consensus estimates of $8.98 per ($0.20). O’Reilly Automotive had a net margin of 15.55% and a negative return on equity of 520.10%. The company posted revenue of $3.67 billion for the quarter, versus analyst estimates of $3.71 billion. During the same quarter last year, the company posted EPS of $8.33. O’Reilly Automotive revenue increased 5.9% year-over-year. As a group, research analysts expect O’Reilly Automotive, Inc. to post EPS of 31.56 for the current fiscal year.

Analysts set new price targets

Several equity analysts have recently commented on the ORLY share. Royal Bank of Canada lowered its price target on O’Reilly Automotive from $806.00 to $795.00 in a Friday, July 29 report. DA Davidson raised its price target on O’Reilly Automotive from $740.00 to $815.00 in a Friday, July 29 report. MKM Partners raised its price target on O’Reilly Automotive from $700.00 to $770.00 and gave the stock a “buy” rating in a Friday, July 29 report. Citigroup raised its price target on O’Reilly Automotive from $662.00 to $720.00 in a Thursday, July 28 report. Finally, Truist Financial reduced its price target on O’Reilly Automotive from $788.00 to $770.00 and set a “buy” rating for the company in a Monday, July 25 report. Four analysts gave the stock a hold rating and eleven gave the company a buy rating. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $754.50.

Institutional trading of O’Reilly Automotive

A number of hedge funds have recently changed their holdings in the company. Rosenberg Matthew Hamilton increased his holdings of O’Reilly Automotive shares by 14.2% in the second quarter. Rosenberg Matthew Hamilton now owns 121 shares of the specialty retailer worth $77,000 after buying 15 more shares in the last quarter. Monetary Management Group Inc. increased its holdings of O’Reilly Automotive shares by 0.3% in the second quarter. Monetary Management Group Inc. now owns 5,080 shares of the specialty retailer worth $3,209,000 after buying 15 more shares last quarter. Dorsey & Whitney Trust CO LLC increased its stake in O’Reilly Automotive shares by 2.7% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 564 shares of the specialty retailer valued at $357,000 after buying 15 additional shares last quarter. WoodTrust Financial Corp increased its holdings of O’Reilly Automotive shares by 1.0% in the second quarter. WoodTrust Financial Corp now owns 1,561 shares of the specialty retailer valued at $987,000 after buying 16 more shares in the last quarter. Finally, Farmers & Merchants Investments Inc. increased its stake in O’Reilly Automotive shares by 24.2% in the second quarter. Farmers & Merchants Investments Inc. now owns 82 shares of the specialty retailer worth $52,000 after buying 16 more shares in the last quarter. Hedge funds and other institutional investors hold 82.76% of the company’s shares.

About O’Reilly Automotive

(Get a rating)

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive parts, tools, supplies, equipment and accessories in the United States. The company provides new and reconditioned auto parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, transmission parts, engine, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, oil and brushes. wiper; and accessories, including floor mats, seat covers and truck accessories.

Read more

Insider buying and selling by quarter for O'Reilly Automotive (NASDAQ:ORLY)



Get news and reviews for O’Reilly Automotive Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for O’Reilly Automotive and related companies with MarketBeat.com’s free daily email newsletter.

Comments are closed.