Gregory L. Henslee Sells 3,073 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares in the company, valued at approximately $14,988,764.55. This represents a 21.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,353.46 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,359.19. The business’s 50-day moving average is $1,261.51 and its 200 day moving average is $1,207.86. The stock has a market capitalization of $78.14 billion, a PE ratio of 33.29, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Tuesday. Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. DA Davidson increased their price target on shares of 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. Guggenheim lifted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, BMO Capital Markets increased their target price on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given 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 target price of $1,390.81.

Hedge Funds Weigh In On O’Reilly Automotive

Institutional investors have recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of O’Reilly Automotive in the 4th quarter valued at approximately $867,190,000. Wellington Management Group LLP grew its stake in shares of 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 worth $1,986,874,000 after acquiring an additional 728,040 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of O’Reilly Automotive by 205,600.0% during 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 in the last quarter. Mizuho Securities USA LLC raised its position in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after purchasing an additional 482,670 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in O’Reilly Automotive in the 4th quarter worth about $208,248,000. 85.00% of the stock is owned by institutional investors.

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.