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 the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $1,303.68, for a total transaction of $1,303,680.00. Following the completion of the transaction, the director now owns 135,377 shares in the company, 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 document filed with the SEC, which is available at this link.

O’Reilly Automotive Stock Up 2.4 %

Shares of ORLY stock opened at $1,346.58 on Wednesday. The stock has a market cap of $77.74 billion, a P/E ratio of 33.12, a PEG ratio of 2.34 and a beta of 0.94. The company’s fifty day simple moving average is $1,256.62 and its two-hundred day simple moving average is $1,205.97. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Lee Danner & Bass Inc. purchased a new stake in O’Reilly Automotive during the fourth quarter valued at $28,000. AlphaMark Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth about $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $31,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive in the 3rd quarter valued at about $32,000. Finally, Kestra Investment Management LLC purchased a new position in O’Reilly Automotive in the fourth quarter worth about $32,000. 85.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ORLY shares. DA Davidson raised their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a 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 stock an “outperform” rating in a research note on Tuesday, December 3rd. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. BMO Capital Markets increased their target price 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, Guggenheim lifted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,390.81.

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.