O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Jeffery Thomas Loafman Sells 620 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

O’Reilly Automotive Stock Down 0.0 %

Shares of O’Reilly Automotive stock opened at $1,244.01 on Friday. The firm has a market cap of $71.82 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 2.51 and a beta of 0.92. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30. The business has a 50-day moving average price of $1,188.64 and a 200-day moving average price of $1,107.23.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $10.72 EPS. On average, equities analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Hedge Funds Weigh In On O’Reilly Automotive

Several institutional investors have recently bought and sold shares of ORLY. B. Riley Wealth Advisors Inc. grew its position in O’Reilly Automotive by 5.3% in the first quarter. B. Riley Wealth Advisors Inc. now owns 1,944 shares of the specialty retailer’s stock worth $2,195,000 after acquiring an additional 97 shares in the last quarter. Tidal Investments LLC raised its holdings in O’Reilly Automotive by 191.4% during the 1st quarter. Tidal Investments LLC now owns 6,566 shares of the specialty retailer’s stock valued at $7,427,000 after buying an additional 4,313 shares during the period. SkyView Investment Advisors LLC bought a new stake in O’Reilly Automotive in the first quarter worth $853,000. Beacon Capital Management LLC lifted its position in O’Reilly Automotive by 76.3% in the first quarter. Beacon Capital Management LLC now owns 67 shares of the specialty retailer’s stock worth $76,000 after buying an additional 29 shares during the last quarter. Finally, Vista Investment Partners LLC boosted its stake in O’Reilly Automotive by 0.3% during the first quarter. Vista Investment Partners LLC now owns 4,596 shares of the specialty retailer’s stock worth $5,188,000 after buying an additional 15 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ORLY shares. Wells Fargo & Company upped their price target on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Evercore ISI upped their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. DA Davidson reissued a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. JPMorgan Chase & Co. raised their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Finally, Barclays boosted their price target on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

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.