O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Sells $1,082,900.00 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Brad W. Beckham sold 833 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at $988,000. This represents a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,303.41 on Monday. The firm has a market capitalization of $75.25 billion, a PE ratio of 32.06, a P/E/G ratio of 2.34 and a beta of 0.94. The company’s 50-day moving average is $1,253.69 and its 200-day moving average is $1,203.04. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping 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%. As a group, analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ORLY. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Barclays boosted their price objective on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Mizuho boosted their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Royal Bank of Canada boosted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, Wells Fargo & Company boosted their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $1,390.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lee Danner & Bass Inc. acquired a new position in O’Reilly Automotive in the 4th quarter valued at about $28,000. AlphaMark Advisors LLC bought a new stake in O’Reilly Automotive in the 4th quarter valued at about $30,000. Murphy & Mullick Capital Management Corp bought a new stake in O’Reilly Automotive in the 4th quarter valued at about $31,000. Kestra Investment Management LLC bought a new stake in O’Reilly Automotive in the 4th quarter valued at about $32,000. Finally, Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Company Profile

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.