Insider Selling: O'Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells 248 Shares of Stock

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the sale, the director now owns 971 shares in the company, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

O'Reilly Automotive Price Performance

Shares of NASDAQ:ORLY traded down $16.88 during trading hours on Monday, hitting $1,318.80. 344,553 shares of the company's stock traded hands, compared to its average volume of 330,373. The firm has a market capitalization of $76.13 billion, a P/E ratio of 32.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The business has a fifty day moving average price of $1,249.77 and a 200-day moving average price of $1,196.49. 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 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 negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities analysts predict that O'Reilly Automotive, Inc. will post 44.16 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Royal Bank of Canada lifted their target price on 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. TD Cowen lifted their price objective on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Mizuho increased their target price on O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. Barclays raised their target price on shares of O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an "equal weight" rating in a report on Friday, February 7th. Finally, Evercore ISI upped their price target 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. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and a consensus price target of $1,390.81.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Assetmark Inc. boosted its position in O'Reilly Automotive by 20.8% in the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer's stock valued at $21,396,000 after buying an additional 3,193 shares during the period. Annex Advisory Services LLC raised its stake in shares of O'Reilly Automotive by 23.2% during the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock valued at $40,349,000 after acquiring an additional 6,418 shares in the last quarter. CIBC Asset Management Inc boosted its holdings in shares of O'Reilly Automotive by 4.7% in the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock valued at $22,568,000 after purchasing an additional 882 shares during the period. Montecito Bank & Trust bought a new position in O'Reilly Automotive in the fourth quarter worth approximately $365,000. Finally, Eastern Bank purchased a new position in O'Reilly Automotive during the 3rd quarter worth $19,786,000. 85.00% of the stock is currently owned by institutional investors.

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.