O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Andrea Weiss Sells 248 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Andrea Weiss sold 248 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total value of $325,185.04. Following the completion of the transaction, the director now owns 452 shares in the company, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock traded down $16.16 during midday trading on Wednesday, hitting $1,330.42. 318,499 shares of the company’s stock were exchanged, compared to its average volume of 333,457. The company has a market cap of $76.81 billion, a P/E ratio of 32.72, a PEG ratio of 2.34 and a beta of 0.94. The stock has a 50-day moving average price of $1,256.62 and a two-hundred day moving average price of $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 issued its quarterly earnings results 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 negative return on equity of 166.88% and a net margin of 14.28%. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ORLY. Evercore ISI boosted their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Guggenheim boosted their price objective on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. BMO Capital Markets upped their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. DA Davidson lifted their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Finally, Barclays upped their price target 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 note on Friday, February 7th. Three research 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, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $1,390.81.

Hedge Funds Weigh In On O’Reilly Automotive

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Advisors Network LLC raised its position in shares of O’Reilly Automotive by 3.3% during the 4th quarter. Integrated Advisors Network LLC now owns 1,735 shares of the specialty retailer’s stock valued at $2,057,000 after buying an additional 56 shares in the last quarter. Ascent Group LLC increased its stake in O’Reilly Automotive by 6.3% in the fourth quarter. Ascent Group LLC now owns 2,144 shares of the specialty retailer’s stock valued at $2,542,000 after acquiring an additional 128 shares during the last quarter. Forum Financial Management LP raised its position in O’Reilly Automotive by 1.5% during the fourth quarter. Forum Financial Management LP now owns 623 shares of the specialty retailer’s stock valued at $739,000 after purchasing an additional 9 shares in the last quarter. Cache Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 4th quarter worth about $18,057,000. Finally, GF Fund Management CO. LTD. bought a new position in shares of O’Reilly Automotive during the 4th quarter valued at about $12,974,000. Hedge funds and other institutional investors 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.