Gregory D. Johnson Sells 15,000 Shares of O’Reilly Automotive, Inc. (ORLY) Stock
O’Reilly Automotive, Inc. (NASDAQ:ORLY) insider Gregory D. Johnson sold 15,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $233.33, for a total transaction of $3,499,950.00. Following the transaction, the insider now directly owns 18,958 shares of the company’s stock, valued at approximately $4,423,470.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
O’Reilly Automotive, Inc. (NASDAQ ORLY) traded down $0.11 on Thursday, reaching $236.21. 1,366,589 shares of the company’s stock were exchanged, compared to its average volume of 1,308,890. O’Reilly Automotive, Inc. has a one year low of $169.43 and a one year high of $286.57. The company has a quick ratio of 0.10, a current ratio of 0.93 and a debt-to-equity ratio of 4.72. The stock has a market capitalization of $20,440.00, a PE ratio of 19.85, a price-to-earnings-growth ratio of 1.35 and a beta of 0.80.
O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.07. O’Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the previous year, the company earned $2.90 earnings per share. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. analysts predict that O’Reilly Automotive, Inc. will post 11.91 earnings per share for the current year.
ORLY has been the subject of several recent research reports. Citigroup raised their target price on shares of O’Reilly Automotive from $276.00 to $283.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Bank of America reissued a “buy” rating and set a $250.00 target price on shares of O’Reilly Automotive in a report on Tuesday, September 5th. Oppenheimer reissued a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday, August 9th. Robert W. Baird reissued a “hold” rating and set a $220.00 target price on shares of O’Reilly Automotive in a report on Friday, October 27th. Finally, Credit Suisse Group set a $193.00 target price on shares of O’Reilly Automotive and gave the stock a “hold” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $243.48.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ORLY. Steward Partners Investment Advisory LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $225,000. Hartline Investment Corp increased its stake in shares of O’Reilly Automotive by 3.0% during the third quarter. Hartline Investment Corp now owns 34,452 shares of the specialty retailer’s stock worth $7,420,000 after purchasing an additional 1,015 shares in the last quarter. Atlantic Trust LLC increased its stake in shares of O’Reilly Automotive by 200.0% during the third quarter. Atlantic Trust LLC now owns 843 shares of the specialty retailer’s stock worth $182,000 after purchasing an additional 562 shares in the last quarter. IFM Investors Pty Ltd purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $551,000. Finally, Fieldpoint Private Securities LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $141,000. 88.61% of the stock is owned by institutional investors.
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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.
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