O’Reilly Automotive Inc. (ORLY) SVP Robert Allen Dumas Sells 4,300 Shares of Stock
O’Reilly Automotive Inc. (NASDAQ:ORLY) SVP Robert Allen Dumas sold 4,300 shares of O’Reilly Automotive stock in a transaction on Friday, November 18th. The shares were sold at an average price of $271.27, for a total value of $1,166,461.00. Following the completion of the transaction, the senior vice president now owns 4,360 shares in the company, valued at approximately $1,182,737.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of O’Reilly Automotive Inc. (NASDAQ:ORLY) traded up 1.059% during mid-day trading on Monday, reaching $268.555. The company had a trading volume of 264,643 shares. O’Reilly Automotive Inc. has a 12-month low of $225.12 and a 12-month high of $292.84. The company has a market capitalization of $25.37 billion, a P/E ratio of 26.030 and a beta of 0.69. The firm has a 50-day moving average of $270.61 and a 200-day moving average of $272.94.
O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.92 by $0.02. O’Reilly Automotive had a net margin of 11.97% and a return on equity of 53.94%. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same period last year, the business posted $2.64 earnings per share. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. On average, equities analysts anticipate that O’Reilly Automotive Inc. will post $10.69 earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on O’Reilly Automotive from $280.00 to $295.00 and gave the company a “neutral” rating in a research note on Friday, July 29th. Zacks Investment Research raised O’Reilly Automotive from a “sell” rating to a “hold” rating in a report on Friday, July 29th. Vetr downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating and set a $300.40 price objective on the stock. in a report on Monday, August 1st. Deutsche Bank AG cut their price objective on O’Reilly Automotive from $315.00 to $275.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Finally, Citigroup Inc. raised their price objective on O’Reilly Automotive from $310.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 29th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $304.65.
Several hedge funds and other institutional investors have recently made changes to their positions in ORLY. ETRADE Capital Management LLC raised its stake in O’Reilly Automotive by 86.6% in the third quarter. ETRADE Capital Management LLC now owns 3,252 shares of the company’s stock worth $910,000 after buying an additional 1,509 shares in the last quarter. D.A. Davidson & CO. raised its stake in O’Reilly Automotive by 20.5% in the third quarter. D.A. Davidson & CO. now owns 1,905 shares of the company’s stock worth $531,000 after buying an additional 324 shares in the last quarter. Whalerock Point Partners LLC purchased a new stake in O’Reilly Automotive during the third quarter worth $504,000. Price T Rowe Associates Inc. MD raised its stake in O’Reilly Automotive by 19.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 7,963,934 shares of the company’s stock worth $2,230,778,000 after buying an additional 1,302,716 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC raised its stake in O’Reilly Automotive by 41.1% in the third quarter. Quantitative Systematic Strategies LLC now owns 4,661 shares of the company’s stock worth $1,300,000 after buying an additional 1,357 shares in the last quarter. 89.39% of the stock is currently owned by hedge funds and other institutional investors.
About O’Reilly Automotive
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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