Insider Selling: O’Reilly Automotive (NASDAQ:ORLY) Director Sells 1,200 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Maria Sastre sold 1,200 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $91.72, for a total transaction of $110,064.00. Following the sale, the director directly owned 13,770 shares in the company, valued at $1,262,984.40. This trade represents a 8.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Maria Sastre also recently made the following trade(s):

• On Wednesday, August 12th, Maria Sastre sold 2,000 shares of O’Reilly Automotive stock. The shares were sold at an average price of $91.85, for a total value of $183,700.00.

O’Reilly Automotive Stock Down 1.7%

Shares of NASDAQ:ORLY traded down $1.60 on Friday, reaching $89.89. 7,235,022 shares of the company’s stock were exchanged, compared to its average volume of 6,501,072. The firm has a market capitalization of $72.72 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 2.19 and a beta of 0.55. The business’s 50-day moving average is $87.29 and its two-hundred day moving average is $90.46. O’Reilly Automotive, Inc. has a fifty-two week low of $82.59 and a fifty-two week high of $102.46.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $5.12 billion for the quarter, compared to analyst estimates of $5.02 billion. O’Reilly Automotive had a negative return on equity of 188.24% and a net margin of 14.27%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. Analysts predict that O’Reilly Automotive, Inc. will post 3.31 earnings per share for the current fiscal year.

Institutional Trading of O’Reilly Automotive

Several hedge funds have recently bought and sold shares of the business. First National Bank of Mount Dora Trust Investment Services raised its holdings in shares of O’Reilly Automotive by 26.8% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer’s stock valued at $5,381,000 after purchasing an additional 12,316 shares during the last quarter. Corient Private Wealth LP grew its stake in O’Reilly Automotive by 46.0% in the 2nd quarter. Corient Private Wealth LP now owns 1,077,091 shares of the specialty retailer’s stock worth $99,189,000 after buying an additional 339,465 shares in the last quarter. Swiss National Bank grew its holdings in shares of O’Reilly Automotive by 6.5% during the 1st quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer’s stock valued at $228,670,000 after purchasing an additional 152,100 shares during the last quarter. Nykredit A S bought a new position in shares of O’Reilly Automotive during the second quarter valued at about $34,040,000. Finally, Pelham Capital Ltd. raised its stake in O’Reilly Automotive by 25.9% in the second quarter. Pelham Capital Ltd. now owns 163,377 shares of the specialty retailer’s stock worth $15,045,000 after buying an additional 33,610 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ORLY. Evercore reiterated an “outperform” rating on shares of O’Reilly Automotive in a research note on Monday, October 26th. The Goldman Sachs Group reaffirmed a “conviction-buy” rating and issued a $104.00 target price on shares of O’Reilly Automotive in a research note on Friday, October 30th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, October 29th. Weiss Ratings downgraded O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, August 27th. Finally, Bank of America initiated coverage on shares of O’Reilly Automotive in a report on Monday, October 26th. They issued a “buy” rating and a $106.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.00.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools and accessories. Its products serve both do-it-yourself customers maintaining their own vehicles and professional repair shops.

The company also offers services such as battery testing, check-engine-light code reading and parts installation assistance. Its operations include retail stores and distribution centers that support customers and professional service providers.

Founded in 1957 by Charles F.