O’Reilly Automotive Inc (NASDAQ:ORLY) SVP Sells $2,753,187.50 in Stock

O’Reilly Automotive Inc (NASDAQ:ORLY) SVP Jonathan Wyatt Andrews sold 6,250 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $440.51, for a total transaction of $2,753,187.50. Following the completion of the transaction, the senior vice president now owns 6,756 shares of the company’s stock, valued at $2,976,085.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

O’Reilly Automotive stock traded down $1.03 during mid-day trading on Friday, hitting $439.23. The company’s stock had a trading volume of 256,400 shares, compared to its average volume of 613,447. The company has a debt-to-equity ratio of 32.16, a current ratio of 0.81 and a quick ratio of 0.08. The stock has a market cap of $33.19 billion, a price-to-earnings ratio of 27.28, a price-to-earnings-growth ratio of 1.71 and a beta of 0.70. The business has a 50 day moving average price of $409.66 and a 200-day moving average price of $387.84. O’Reilly Automotive Inc has a 12 month low of $326.71 and a 12 month high of $446.78.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $5.08 earnings per share for the quarter, topping the consensus estimate of $4.79 by $0.29. The business had revenue of $2.67 billion during the quarter, compared to the consensus estimate of $2.64 billion. O’Reilly Automotive had a net margin of 13.69% and a return on equity of 527.13%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted $4.50 earnings per share. On average, equities research analysts expect that O’Reilly Automotive Inc will post 17.9 earnings per share for the current fiscal year.

Several brokerages recently issued reports on ORLY. UBS Group set a $495.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, October 25th. Zacks Investment Research upgraded shares of O’Reilly Automotive from a “sell” rating to a “hold” rating and set a $425.00 target price for the company in a research report on Monday, October 14th. Goldman Sachs Group set a $479.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, October 25th. Citigroup lowered shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating and cut their target price for the stock from $441.00 to $430.00 in a research report on Friday, September 13th. Finally, Raymond James began coverage on shares of O’Reilly Automotive in a research report on Monday, October 7th. They issued a “market perform” rating and a $430.00 target price for the company. Thirteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $489.53.

A number of institutional investors have recently bought and sold shares of ORLY. Invesco Ltd. lifted its stake in O’Reilly Automotive by 74.8% in the second quarter. Invesco Ltd. now owns 2,016,087 shares of the specialty retailer’s stock worth $744,582,000 after purchasing an additional 862,531 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of O’Reilly Automotive by 14.5% during the second quarter. JPMorgan Chase & Co. now owns 4,013,656 shares of the specialty retailer’s stock valued at $1,475,299,000 after acquiring an additional 509,286 shares during the last quarter. Nuveen Asset Management LLC raised its stake in shares of O’Reilly Automotive by 958.6% during the second quarter. Nuveen Asset Management LLC now owns 452,924 shares of the specialty retailer’s stock valued at $167,274,000 after acquiring an additional 410,139 shares during the last quarter. Diamond Hill Capital Management Inc. bought a new position in shares of O’Reilly Automotive during the second quarter valued at about $140,345,000. Finally, Bank of America Corp DE raised its stake in shares of O’Reilly Automotive by 18.7% during the second quarter. Bank of America Corp DE now owns 1,182,500 shares of the specialty retailer’s stock valued at $436,720,000 after acquiring an additional 186,308 shares during the last quarter. 85.86% of the stock is owned by institutional investors and hedge funds.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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