O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) Director Andrea Weiss sold 248 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the transaction, the director now directly owns 452 shares in the company, valued at $592,675.96. This trade represents a 35.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
O'Reilly Automotive Trading Down 1.2 %
ORLY stock opened at $1,330.42 on Thursday. The stock has a market cap of $76.81 billion, a P/E ratio of 32.72, a P/E/G ratio of 2.34 and a beta of 0.94. The stock's fifty day simple moving average is $1,258.72 and its two-hundred day simple moving average is $1,206.84. 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 - Get Free Report) last posted its quarterly 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 net margin of 14.28% and a negative return on equity of 166.88%. As a group, analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.
Institutional Investors Weigh In On O'Reilly Automotive
Several large investors have recently modified their holdings of the stock. Assetmark Inc. lifted its stake in O'Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer's stock valued at $21,396,000 after purchasing an additional 3,193 shares during the last quarter. Annex Advisory Services LLC lifted its position in shares of O'Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock valued at $40,349,000 after buying an additional 6,418 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of O'Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock worth $22,568,000 after acquiring an additional 882 shares during the period. Montecito Bank & Trust bought a new position in shares of O'Reilly Automotive during the 4th quarter worth $365,000. Finally, Y Intercept Hong Kong Ltd increased its holdings in O'Reilly Automotive by 824.6% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer's stock worth $4,276,000 after acquiring an additional 3,216 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.
Analyst Upgrades and Downgrades
ORLY has been the topic of several recent research reports. BMO Capital Markets increased their price target 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. Barclays lifted their price target on shares of O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an "equal weight" rating in a research report on Friday, February 7th. Royal Bank of Canada upped their price objective on shares of 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. Guggenheim lifted their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, Morgan Stanley upgraded shares of O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,390.81.
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O'Reilly Automotive Company Profile
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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.
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