Investors sold shares of O’Reilly Automotive Inc. (NASDAQ:ORLY) on strength during trading hours on Wednesday. $48.62 million flowed into the stock on the tick-up and $88.11 million flowed out of the stock on the tick-down, for a money net flow of $39.49 million out of the stock. Of all stocks tracked, O’Reilly Automotive had the 0th highest net out-flow for the day. O’Reilly Automotive traded up $4.40 for the day and closed at $279.55

Several equities research analysts recently issued reports on ORLY shares. BTIG Research started coverage on shares of O’Reilly Automotive in a report on Wednesday, June 1st. They set a “buy” rating and a $310.00 price target on the stock. Vetr lowered shares of O’Reilly Automotive from a “strong-buy” rating to a “buy” rating and set a $301.89 target price on the stock. in a report on Tuesday, June 28th. Zacks Investment Research raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating and set a $304.00 target price on the stock in a report on Wednesday, June 29th. Deutsche Bank AG reissued a “buy” rating on shares of O’Reilly Automotive in a report on Sunday, July 10th. Finally, Jefferies Group boosted their target price on shares of O’Reilly Automotive from $325.00 to $336.00 and gave the stock a “buy” rating in a report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $303.47.

The firm has a market cap of $26.54 billion, a PE ratio of 27.79 and a beta of 0.66. The firm has a 50-day moving average of $282.69 and a 200-day moving average of $272.42.

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O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 27th. The company reported $2.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by $0.03. O’Reilly Automotive had a return on equity of 52.57% and a net margin of 12.02%. The firm earned $2.18 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the prior year, the business posted $2.29 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Analysts forecast that O’Reilly Automotive Inc. will post $10.74 EPS for the current year.

In other news, SVP Brad W. Beckham sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $285.49, for a total value of $1,141,960.00. Following the transaction, the senior vice president now owns 4,338 shares in the company, valued at $1,238,455.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Thomas Mcfall sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 28th. The stock was sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the completion of the transaction, the chief financial officer now owns 15,065 shares in the company, valued at approximately $4,067,550. The disclosure for this sale can be found here. 3.37% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of ORLY. Ngam Advisors L.P. purchased a new position in shares of O’Reilly Automotive during the first quarter valued at about $2,743,000. Pacad Investment Ltd. boosted its stake in O’Reilly Automotive by 77.7% in the first quarter. Pacad Investment Ltd. now owns 13,781 shares of the company’s stock valued at $3,771,000 after buying an additional 6,024 shares during the period. Exane Derivatives bought a new stake in O’Reilly Automotive during the first quarter valued at $13,734,000. IFP Advisors Inc boosted its stake in O’Reilly Automotive by 65.9% in the first quarter. IFP Advisors Inc now owns 1,385 shares of the company’s stock valued at $379,000 after buying an additional 550 shares during the period. Finally, BTC Capital Management Inc. boosted its stake in O’Reilly Automotive by 4.0% in the first quarter. BTC Capital Management Inc. now owns 15,103 shares of the company’s stock valued at $4,133,000 after buying an additional 580 shares during the period. Hedge funds and other institutional investors own 89.53% of the company’s stock.

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 offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ 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 and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

5 Day Chart for NASDAQ:ORLY

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