O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells $325,185.04 in Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Andrea Weiss sold 248 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total value of $325,185.04. Following the transaction, the director now directly owns 452 shares in the company, valued at approximately $592,675.96. This represents a 35.43 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,373.64 on Friday. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,378.76. The company has a market capitalization of $79.30 billion, a P/E ratio of 33.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The company has a 50-day simple moving average of $1,264.60 and a 200 day simple moving average of $1,209.61.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) 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, equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ORLY. Norges Bank bought a new position in shares of O’Reilly Automotive during the fourth quarter worth approximately $867,190,000. Wellington Management Group LLP increased its stake in O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after acquiring an additional 728,040 shares during the last quarter. Proficio Capital Partners LLC increased its stake in O’Reilly Automotive by 205,600.0% in the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock valued at $597,602,000 after acquiring an additional 503,720 shares during the last quarter. Mizuho Securities USA LLC increased its stake in O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after acquiring an additional 482,670 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $208,248,000. 85.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. Guggenheim upped their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Evercore ISI upped their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. DA Davidson increased their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Royal Bank of Canada increased 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 research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,390.81.

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.