O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Rosalie Oreilly Wooten sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $210.14, for a total transaction of $1,050,700.00. Following the completion of the transaction, the director now owns 77,562 shares in the company, valued at $16,298,878.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

O’Reilly Automotive, Inc. (ORLY) traded up 0.02% during mid-day trading on Monday, reaching $205.09. 1,218,093 shares of the company’s stock traded hands. The stock has a 50 day moving average of $202.81 and a 200 day moving average of $245.61. The company has a market cap of $18.05 billion, a P/E ratio of 17.97 and a beta of 0.74. O’Reilly Automotive, Inc. has a 12-month low of $169.43 and a 12-month high of $291.56.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share for the quarter, beating 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 business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the previous year, the firm earned $2.65 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post $11.88 earnings per share for the current fiscal year.

O’Reilly Automotive declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 10th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the specialty retailer to reacquire up to 4.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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Institutional investors have recently modified their holdings of the stock. Beese Fulmer Investment Management Inc. increased its position in shares of O’Reilly Automotive by 0.8% in the first quarter. Beese Fulmer Investment Management Inc. now owns 19,968 shares of the specialty retailer’s stock valued at $5,388,000 after buying an additional 166 shares in the last quarter. Private Trust Co. NA purchased a new position in shares of O’Reilly Automotive during the first quarter valued at $635,000. Horrell Capital Management Inc. increased its position in shares of O’Reilly Automotive by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the specialty retailer’s stock valued at $7,356,000 after buying an additional 100 shares in the last quarter. Bremer Trust National Association increased its position in shares of O’Reilly Automotive by 8.9% in the first quarter. Bremer Trust National Association now owns 2,026 shares of the specialty retailer’s stock valued at $547,000 after buying an additional 165 shares in the last quarter. Finally, Regentatlantic Capital LLC increased its position in shares of O’Reilly Automotive by 12.8% in the first quarter. Regentatlantic Capital LLC now owns 893 shares of the specialty retailer’s stock valued at $241,000 after buying an additional 101 shares in the last quarter. 95.61% of the stock is currently owned by institutional investors and hedge funds.

ORLY has been the topic of a number of recent research reports. Wedbush restated a “neutral” rating on shares of O’Reilly Automotive in a research note on Thursday, July 6th. Deutsche Bank AG cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating and dropped their price target for the company from $315.00 to $273.00 in a research note on Tuesday, April 25th. Credit Suisse Group set a $290.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Monday, April 24th. Oppenheimer Holdings, Inc. set a $220.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, BidaskClub cut shares of O’Reilly Automotive from a “sell” rating to a “strong sell” rating in a research note on Friday, June 23rd. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. O’Reilly Automotive has an average rating of “Hold” and an average price target of $242.80.

O’Reilly Automotive Company Profile

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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