O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Lawrence P. Oreilly sold 5,000 shares of O’Reilly Automotive stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $197.40, for a total transaction of $987,000.00. Following the transaction, the director now owns 142,754 shares of the company’s stock, valued at approximately $28,179,639.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of O’Reilly Automotive, Inc. (NASDAQ ORLY) traded down 1.41% on Thursday, reaching $199.42. 367,313 shares of the company’s stock were exchanged. O’Reilly Automotive, Inc. has a 12 month low of $169.43 and a 12 month high of $286.57. The firm’s 50 day moving average price is $198.21 and its 200-day moving average price is $233.61. The company has a market capitalization of $17.55 billion, a P/E ratio of 17.47 and a beta of 0.76.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $0.20. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.29 billion. O’Reilly Automotive had a net margin of 12.23% and a return on equity of 72.22%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.65 earnings per share. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post $11.87 EPS for the current year.

O’Reilly Automotive declared that its Board of Directors has authorized a share repurchase program on Wednesday, May 10th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the specialty retailer to buy up to 4.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

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ORLY has been the subject of a number of research reports. Wedbush restated a “neutral” rating on shares of O’Reilly Automotive in a research report on Thursday, July 6th. Oppenheimer Holdings, Inc. set a $220.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Thursday, July 27th. BidaskClub cut shares of O’Reilly Automotive from a “sell” rating to a “strong sell” rating in a research report on Friday, June 23rd. Royal Bank Of Canada cut their target price on shares of O’Reilly Automotive from $280.00 to $201.00 and set a “sector perform” rating for the company in a research report on Thursday, July 6th. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of O’Reilly Automotive from a “sell” rating to a “neutral” rating and cut their target price for the stock from $262.00 to $210.00 in a research report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $245.30.

Several institutional investors have recently modified their holdings of ORLY. Parkside Financial Bank & Trust increased its stake in shares of O’Reilly Automotive by 1.2% during the first quarter. Parkside Financial Bank & Trust now owns 414 shares of the specialty retailer’s stock worth $112,000 after purchasing an additional 5 shares in the last quarter. Monetary Management Group Inc. increased its stake in shares of O’Reilly Automotive by 16.3% during the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after purchasing an additional 65 shares in the last quarter. Barrett Asset Management LLC increased its stake in shares of O’Reilly Automotive by 261.5% during the second quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 340 shares in the last quarter. Proficio Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 23.1% during the first quarter. Proficio Capital Partners LLC now owns 496 shares of the specialty retailer’s stock worth $119,000 after purchasing an additional 93 shares in the last quarter. Finally, FTB Advisors Inc. increased its stake in shares of O’Reilly Automotive by 108.2% during the first quarter. FTB Advisors Inc. now owns 506 shares of the specialty retailer’s stock worth $124,000 after purchasing an additional 263 shares in the last quarter. Institutional investors and hedge funds own 96.69% of the company’s stock.

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 sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s 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, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Insider Buying and Selling by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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