Insider Selling: O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Sells 620 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,244.22 on Wednesday. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30. The firm has a market cap of $71.83 billion, a P/E ratio of 30.78, a P/E/G ratio of 2.51 and a beta of 0.92. The business’s fifty day moving average is $1,183.85 and its two-hundred day moving average is $1,105.30.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the prior year, the company earned $10.72 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive in the third quarter valued at about $32,000. Trifecta Capital Advisors LLC boosted its stake in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive during the third quarter worth approximately $41,000. Finally, Kings Path Partners LLC acquired a new position in O’Reilly Automotive in the second quarter valued at approximately $44,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of recent research reports. DA Davidson restated a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Evercore ISI increased their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Morgan Stanley upped their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Finally, Wedbush restated a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

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.