Carl David Wilbanks Sells 88,485 Shares of O'Reilly Automotive (NASDAQ:ORLY) Stock

Key Points

• Carl David Wilbanks, SVP of O'Reilly Automotive, sold 88,485 shares at an average price of $102.54, totaling approximately $9.07 million, reducing his ownership by 89.57%.
• O'Reilly Automotive's stock price was trading at $101.54, with a market cap of $86.16 billion and a PE ratio of 36.30.
• Analysts consistently rate O'Reilly Automotive positively, with multiple firms raising their target prices, including BMO Capital Markets increasing it to $110.00 and Citigroup to $114.00.

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares of the company's stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

O'Reilly Automotive Trading Up 0.9%

Shares of ORLY traded up $0.94 during mid-day trading on Wednesday, reaching $104.00. The company's stock had a trading volume of 5,340,473 shares, compared to its average volume of 4,967,742. The business has a 50-day simple moving average of $95.01 and a two-hundred day simple moving average of $92.10. O'Reilly Automotive, Inc. has a 1-year low of $73.11 and a 1-year high of $104.86. The stock has a market cap of $88.24 billion, a P/E ratio of 37.18, a PEG ratio of 2.72 and a beta of 0.56.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts' consensus estimates of $0.78. The firm had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. BMO Capital Markets boosted their price target on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Wells Fargo & Company upped their price objective on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Argus initiated coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target on the stock. Royal Bank Of Canada lifted their price objective on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, DA Davidson upped their target price on O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $103.38.

Hedge Funds Weigh In On O'Reilly Automotive

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank Pictet & Cie Europe AG increased its holdings in shares of O'Reilly Automotive by 3.5% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock worth $41,848,000 after buying an additional 1,208 shares in the last quarter. SageView Advisory Group LLC acquired a new stake in shares of O'Reilly Automotive during the 4th quarter valued at $209,000. Mariner LLC grew its position in O'Reilly Automotive by 1.7% during the 4th quarter. Mariner LLC now owns 10,298 shares of the specialty retailer's stock worth $12,211,000 after acquiring an additional 175 shares during the last quarter. XTX Topco Ltd bought a new stake in O'Reilly Automotive during the 4th quarter worth $243,000. Finally, Regal Investment Advisors LLC increased its holdings in O'Reilly Automotive by 2.9% in the 4th quarter. Regal Investment Advisors LLC now owns 430 shares of the specialty retailer's stock worth $510,000 after purchasing an additional 12 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

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.