O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells $1,303,680.00 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Lawrence P. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $1,303.68, for a total value of $1,303,680.00. Following the completion of the sale, the director now owns 135,377 shares of the company’s stock, valued at $176,488,287.36. The trade was a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,330.42 on Thursday. The stock has a market capitalization of $76.81 billion, a P/E ratio of 32.72, a P/E/G ratio of 2.34 and a beta of 0.94. The company’s fifty day moving average price is $1,258.72 and its 200 day moving average price is $1,206.84. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ORLY shares. Guggenheim raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Evercore ISI raised their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday. BMO Capital Markets lifted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Finally, Barclays increased their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,390.81.

Hedge Funds Weigh In On O’Reilly Automotive

Hedge funds have recently made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new position in O’Reilly Automotive in the 4th quarter valued at $28,000. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the 4th quarter worth $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of O’Reilly Automotive during the fourth quarter worth $31,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at about $32,000. Finally, Kestra Investment Management LLC purchased a new position in shares of O’Reilly Automotive in the fourth quarter worth about $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

About O’Reilly Automotive

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