O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Gregory L. Henslee Sells 3,073 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares in the company, valued at $14,988,764.55. The trade was a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $1,373.64 on Friday. The company has a 50 day simple moving average of $1,264.60 and a 200 day simple moving average of $1,209.61. The firm has a market cap of $79.30 billion, a PE ratio of 33.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,378.76.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Mizuho increased their price objective on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Guggenheim increased their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Royal Bank of Canada increased their target price on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, Wells Fargo & Company increased their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

Institutional Trading of O’Reilly Automotive

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ORLY. Lee Danner & Bass Inc. acquired a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $28,000. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $30,000. Murphy & Mullick Capital Management Corp acquired a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $31,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive during the 3rd quarter valued at approximately $32,000. Finally, Kestra Investment Management LLC acquired a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $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.