O'Reilly Automotive, Inc. (NASDAQ:ORLY) Director Sells $60,874.45 in Stock

Key Points

• O'Reilly Automotive's Director, Maria Sastre, sold 595 shares of the company's stock for a total of $60,874.45, representing a 3.60% decrease in her holdings.
• O'Reilly Automotive reported quarterly earnings with $0.78 EPS, matching analyst expectations, and revenue of $4.53 billion, which fell slightly short of estimates.
• Multiple brokerages have raised their price targets for O'Reilly Automotive stock, with BMO Capital Markets increasing it from $100.00 to $110.00 and UBS Group from $105.00 to $115.00, reflecting a positive outlook.

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, the director directly owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

O'Reilly Automotive Stock Up 0.0%

ORLY stock traded up $0.04 during trading on Friday, hitting $101.54. 4,280,227 shares of the company's stock traded hands, compared to its average volume of 5,654,088. The firm has a market capitalization of $86.16 billion, a P/E ratio of 36.30, a PEG ratio of 2.71 and a beta of 0.56. The business has a fifty day simple moving average of $94.08 and a two-hundred day simple moving average of $91.65. O'Reilly Automotive, Inc. has a 1 year low of $73.11 and a 1 year high of $104.86.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O'Reilly Automotive's revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $10.55 earnings per share. On average, equities research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ORLY. BMO Capital Markets boosted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. UBS Group boosted their price objective on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Citigroup upped their target price on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Evercore ISI upped their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a report on Tuesday. Finally, Royal Bank Of Canada upped their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $103.38.

Hedge Funds Weigh In On O'Reilly Automotive

Institutional investors have recently bought and sold shares of the business. Bank Pictet & Cie Europe AG grew its holdings in O'Reilly Automotive by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock worth $41,848,000 after purchasing an additional 1,208 shares during the last quarter. SageView Advisory Group LLC purchased a new position in O'Reilly Automotive in the fourth quarter worth $209,000. Mariner LLC grew its holdings in O'Reilly Automotive by 1.7% in the fourth quarter. Mariner LLC now owns 10,298 shares of the specialty retailer's stock worth $12,211,000 after purchasing an additional 175 shares during the last quarter. XTX Topco Ltd purchased a new position in O'Reilly Automotive in the fourth quarter worth $243,000. Finally, Regal Investment Advisors LLC grew its holdings in shares of O'Reilly Automotive by 2.9% during the fourth quarter. Regal Investment Advisors LLC now owns 430 shares of the specialty retailer's stock valued at $510,000 after buying an additional 12 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other 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.

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