David E. Oreilly Sells 19,985 Shares of O’Reilly Automotive Inc (NASDAQ:ORLY) Stock

O’Reilly Automotive Inc (NASDAQ:ORLY) Chairman David E. Oreilly sold 19,985 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $440.03, for a total value of $8,793,999.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

ORLY stock traded down $1.03 during midday trading on Friday, hitting $439.23. 256,400 shares of the company’s stock were exchanged, compared to its average volume of 613,447. The stock’s fifty day moving average price is $409.66 and its 200-day moving average price is $387.84. The company has a debt-to-equity ratio of 32.16, a quick ratio of 0.08 and a current ratio of 0.81. The company has a market cap of $33.19 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 1.71 and a beta of 0.70. O’Reilly Automotive Inc has a one year low of $326.71 and a one year high of $446.78.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 23rd. The specialty retailer reported $5.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.79 by $0.29. The firm had revenue of $2.67 billion for the quarter, compared to analyst estimates of $2.64 billion. O’Reilly Automotive had a return on equity of 527.13% and a net margin of 13.69%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.50 earnings per share. On average, analysts expect that O’Reilly Automotive Inc will post 17.9 EPS for the current year.

Several research analysts have recently issued reports on ORLY shares. Wells Fargo & Co restated a “buy” rating and issued a $455.00 price target (up from $450.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 23rd. Credit Suisse Group raised their price target on O’Reilly Automotive from $413.00 to $418.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Citigroup lowered O’Reilly Automotive from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $441.00 to $430.00 in a research report on Friday, September 13th. Wolfe Research upgraded O’Reilly Automotive from a “peer perform” rating to an “outperform” rating and set a $436.00 price target on the stock in a research report on Tuesday, October 8th. Finally, Raymond James started coverage on O’Reilly Automotive in a research report on Monday, October 7th. They issued a “market perform” rating and a $430.00 price target on the stock. Thirteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $489.53.

A number of hedge funds have recently bought and sold shares of the business. Deane Retirement Strategies Inc. lifted its holdings in shares of O’Reilly Automotive by 1.3% in the second quarter. Deane Retirement Strategies Inc. now owns 5,524 shares of the specialty retailer’s stock valued at $2,040,000 after purchasing an additional 73 shares in the last quarter. Rockland Trust Co. increased its position in shares of O’Reilly Automotive by 1.0% in the second quarter. Rockland Trust Co. now owns 40,998 shares of the specialty retailer’s stock valued at $15,141,000 after acquiring an additional 409 shares during the last quarter. Foundations Investment Advisors LLC increased its position in shares of O’Reilly Automotive by 24.7% in the second quarter. Foundations Investment Advisors LLC now owns 2,214 shares of the specialty retailer’s stock valued at $855,000 after acquiring an additional 439 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its position in shares of O’Reilly Automotive by 32.6% in the second quarter. Campbell & CO Investment Adviser LLC now owns 1,049 shares of the specialty retailer’s stock valued at $387,000 after acquiring an additional 258 shares during the last quarter. Finally, Chicago Capital LLC increased its position in shares of O’Reilly Automotive by 46.5% in the second quarter. Chicago Capital LLC now owns 2,520 shares of the specialty retailer’s stock valued at $931,000 after acquiring an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 85.86% of the company’s stock.

O’Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

Further Reading: Gross Domestic Product (GDP)

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

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