O’Reilly Automotive, Inc. (ORLY) SVP Scott E. Kraus Sells 8,500 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Scott E. Kraus sold 8,500 shares of O’Reilly Automotive stock in a transaction on Monday, December 4th. The shares were sold at an average price of $237.84, for a total transaction of $2,021,640.00. Following the completion of the sale, the senior vice president now directly owns 4,959 shares in the company, valued at approximately $1,179,448.56. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

O’Reilly Automotive, Inc. (NASDAQ:ORLY) traded down $0.18 during midday trading on Wednesday, reaching $250.21. The company’s stock had a trading volume of 2,115,400 shares, compared to its average volume of 1,313,240. The firm has a market cap of $21,290.08, a P/E ratio of 21.75, a P/E/G ratio of 1.48 and a beta of 0.84. The company has a debt-to-equity ratio of 4.72, a quick ratio of 0.10 and a current ratio of 0.93. O’Reilly Automotive, Inc. has a 52 week low of $169.43 and a 52 week high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.07. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. O’Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. O’Reilly Automotive’s revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.90 EPS. sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 11.91 EPS for the current fiscal year.

O’Reilly Automotive declared that its board has authorized a stock repurchase plan on Friday, September 1st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the specialty retailer to repurchase up to 5.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ORLY. Rothschild Asset Management Inc. grew its position in shares of O’Reilly Automotive by 24.3% during the second quarter. Rothschild Asset Management Inc. now owns 2,922 shares of the specialty retailer’s stock worth $639,000 after buying an additional 572 shares in the last quarter. State of New Jersey Common Pension Fund D grew its position in shares of O’Reilly Automotive by 21.3% during the second quarter. State of New Jersey Common Pension Fund D now owns 28,500 shares of the specialty retailer’s stock worth $6,234,000 after buying an additional 5,000 shares in the last quarter. Korea Investment CORP grew its position in shares of O’Reilly Automotive by 4.7% during the second quarter. Korea Investment CORP now owns 24,577 shares of the specialty retailer’s stock worth $5,376,000 after buying an additional 1,113 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of O’Reilly Automotive by 1,327.4% during the second quarter. Cullen Frost Bankers Inc. now owns 31,017 shares of the specialty retailer’s stock worth $6,784,000 after buying an additional 28,844 shares in the last quarter. Finally, Barrett Asset Management LLC grew its position in shares of O’Reilly Automotive by 261.5% during the second quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock worth $103,000 after buying an additional 340 shares in the last quarter. 88.56% of the stock is owned by institutional investors.

ORLY has been the topic of a number of research reports. Oppenheimer restated a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday, August 9th. Robert W. Baird restated a “neutral” rating on shares of O’Reilly Automotive in a report on Friday, September 1st. Bank of America restated a “buy” rating and issued a $250.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, September 5th. UBS restated a “buy” rating and issued a $240.00 price objective (up previously from $230.00) on shares of O’Reilly Automotive in a report on Thursday, October 19th. Finally, Credit Suisse Group set a $193.00 price objective on O’Reilly Automotive and gave the company a “hold” rating in a report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. O’Reilly Automotive presently has a consensus rating of “Buy” and an average target price of $243.48.

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About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Insider Buying and Selling by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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