Insider Selling: O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells 248 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Maria Sastre sold 248 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares in the company, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,318.80 on Friday. The company has a market cap of $76.13 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The stock’s 50 day simple moving average is $1,249.77 and its 200-day simple moving average is $1,195.62. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Hedge Funds Weigh In On O’Reilly Automotive

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lee Danner & Bass Inc. purchased a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $28,000. AlphaMark Advisors LLC purchased a new position in O’Reilly Automotive during the fourth quarter worth approximately $30,000. Murphy & Mullick Capital Management Corp purchased a new position in O’Reilly Automotive during the fourth quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new position in O’Reilly Automotive during the fourth quarter worth approximately $32,000. Finally, Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive during the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ORLY shares. Mizuho increased their price objective on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Wedbush raised their target price on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Royal Bank of Canada raised their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, BMO Capital Markets raised their target price on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $1,390.81.

About O’Reilly Automotive

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.