Gregory D. Johnson Sells 15,364 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now owns 5,016 shares of the company’s stock, valued at $5,698,978.56. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

O’Reilly Automotive Trading Up 0.3 %

Shares of ORLY opened at $1,137.02 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The firm’s 50 day moving average is $1,035.57 and its 200-day moving average is $1,053.10. The stock has a market capitalization of $66.96 billion, a PE ratio of 28.86, a P/E/G ratio of 2.15 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.32 billion. During the same period in the prior year, the business posted $10.22 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities research analysts predict that O’Reilly Automotive, Inc. will post 41.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of recent research reports. Wedbush restated a “neutral” rating and set a $1,100.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Evercore ISI cut their target price on shares of O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating for the company in a research note on Tuesday, July 16th. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Royal Bank of Canada cut their target price on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a research note on Friday, July 26th. Finally, Wells Fargo & Company cut their target price on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,130.67.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ORLY. 9258 Wealth Management LLC increased its stake in O’Reilly Automotive by 6.3% in the second quarter. 9258 Wealth Management LLC now owns 595 shares of the specialty retailer’s stock valued at $628,000 after acquiring an additional 35 shares during the last quarter. Kornitzer Capital Management Inc. KS increased its stake in O’Reilly Automotive by 59.5% in the second quarter. Kornitzer Capital Management Inc. KS now owns 973 shares of the specialty retailer’s stock valued at $1,028,000 after acquiring an additional 363 shares during the last quarter. Unison Asset Management LLC increased its stake in O’Reilly Automotive by 0.7% in the second quarter. Unison Asset Management LLC now owns 8,368 shares of the specialty retailer’s stock valued at $8,837,000 after acquiring an additional 58 shares during the last quarter. Meridian Wealth Advisors LLC increased its stake in O’Reilly Automotive by 6.2% in the second quarter. Meridian Wealth Advisors LLC now owns 5,355 shares of the specialty retailer’s stock valued at $5,655,000 after acquiring an additional 314 shares during the last quarter. Finally, TD Asset Management Inc increased its stake in O’Reilly Automotive by 1.7% in the second quarter. TD Asset Management Inc now owns 215,298 shares of the specialty retailer’s stock valued at $227,368,000 after acquiring an additional 3,576 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

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.