O’Reilly Automotive EVP Unloads $660,250 in Stock (ORLY)
O’Reilly Automotive (NASDAQ:ORLY) EVP Jeff Shaw unloaded 5,000 shares of the company’s stock on the open market in a transaction dated Thursday, October 17th. The stock was sold at an average price of $132.05, for a total value of $660,250.00. Following the transaction, the executive vice president now directly owns 23,907 shares in the company, valued at approximately $3,156,919. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of O’Reilly Automotive (NASDAQ:ORLY) traded down 0.93% on Friday, hitting $133.93. 1,008,636 shares of the company’s stock traded hands. O’Reilly Automotive has a 52-week low of $78.58 and a 52-week high of $132.54. The stock’s 50-day moving average is $125.5 and its 200-day moving average is $116.2. The company has a market cap of $14.539 billion and a price-to-earnings ratio of 25.05.
O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.49 by $0.09. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the prior year, the company posted $1.15 earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. Analysts expect that O’Reilly Automotive will post $5.94 EPS for the current fiscal year.
A number of analysts have recently weighed in on ORLY shares. Analysts at Wedbush initiated coverage on shares of O’Reilly Automotive in a research note to investors on Monday. They set an “outperform” rating and a $150.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of O’Reilly Automotive in a research note to investors on Wednesday, August 14th. They now have a $120.00 price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of O’Reilly Automotive in a research note to investors on Wednesday, August 14th. They now have a $135.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $122.94.
O’Reilly Automotive, Inc (NASDAQ:ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.