O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Sells $1,171,746.42 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) Chairman Gregory L. Henslee sold 1,649 shares of the business’s stock in a transaction dated Wednesday, August 3rd. The stock was sold at an average price of $710.58, for a total transaction of $1,171,746.42. Following the transaction, the chairman now owns 8,214 shares in the company, valued at $5,836,704.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

O’Reilly Automotive Trading Up 0.3 %

O’Reilly Automotive stock opened at $709.01 on Friday. The firm’s 50 day simple moving average is $650.33 and its 200 day simple moving average is $659.61. The firm has a market capitalization of $46.60 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 1.79 and a beta of 1.00. O’Reilly Automotive, Inc. has a 1-year low of $562.90 and a 1-year high of $748.68.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last posted its earnings results on Wednesday, July 27th. The specialty retailer reported $8.78 earnings per share for the quarter, missing analysts’ consensus estimates of $8.98 by ($0.20). The firm had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.71 billion. O’Reilly Automotive had a negative return on equity of 520.10% and a net margin of 15.55%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $8.33 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 31.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ORLY. Stephens boosted their target price on shares of O’Reilly Automotive from $765.00 to $800.00 and gave the company an “overweight” rating in a research note on Monday, August 1st. Morgan Stanley dropped their target price on shares of O’Reilly Automotive from $650.00 to $635.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 28th. Citigroup boosted their target price on shares of O’Reilly Automotive from $662.00 to $720.00 in a research note on Thursday, July 28th. Royal Bank of Canada dropped their target price on shares of O’Reilly Automotive from $806.00 to $795.00 in a research note on Friday, July 29th. Finally, Wells Fargo & Company dropped their target price on shares of O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 8th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $749.23.

Hedge Funds Weigh In On O’Reilly Automotive

A number of institutional investors have recently made changes to their positions in ORLY. Norges Bank bought a new position in shares of O’Reilly Automotive in the 4th quarter worth $449,778,000. Walker Asset Management LLC increased its holdings in shares of O’Reilly Automotive by 5,878.9% in the 2nd quarter. Walker Asset Management LLC now owns 545,512 shares of the specialty retailer’s stock worth $352,579,000 after buying an additional 536,388 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of O’Reilly Automotive by 491.7% in the 1st quarter. Jennison Associates LLC now owns 508,269 shares of the specialty retailer’s stock worth $348,144,000 after buying an additional 422,371 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of O’Reilly Automotive by 128.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock worth $470,900,000 after buying an additional 386,822 shares during the last quarter. Finally, Carmignac Gestion bought a new position in shares of O’Reilly Automotive in the 1st quarter worth $194,291,000. Institutional investors own 82.76% of the company’s stock.

O’Reilly Automotive Company Profile

(Get Rating)

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. 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.

Featured Articles

Want More Great Investing Ideas?

Receive News & Ratings for O’Reilly Automotive Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for O’Reilly Automotive and related companies with MarketBeat.com’s FREE daily email newsletter.