Insider Selling: O'Reilly Automotive (NASDAQ:ORLY) Director Sells 595 Shares of 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 that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

O'Reilly Automotive Trading Up 0.9%

NASDAQ:ORLY traded up $0.94 during trading hours on Wednesday, hitting $104.00. 5,340,473 shares of the stock were exchanged, compared to its average volume of 4,967,742. O'Reilly Automotive, Inc. has a 52-week low of $73.11 and a 52-week high of $104.86. The firm's fifty day moving average price is $95.01 and its 200 day moving average price is $92.10. The company has a market cap of $88.24 billion, a P/E ratio of 37.18, a P/E/G ratio of 2.72 and a beta of 0.56.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ORLY. Vanguard Group Inc. lifted its holdings in O'Reilly Automotive by 1,404.9% in the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer's stock valued at $7,105,396,000 after acquiring an additional 73,596,571 shares during the last quarter. State Street Corp lifted its holdings in O'Reilly Automotive by 1,424.2% in the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer's stock valued at $3,351,014,000 after acquiring an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC lifted its holdings in O'Reilly Automotive by 1,443.1% in the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer's stock valued at $2,130,866,000 after acquiring an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in O'Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer's stock valued at $1,590,894,000 after acquiring an additional 16,406,181 shares during the last quarter. Finally, Jennison Associates LLC lifted its holdings in O'Reilly Automotive by 1,820.9% in the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer's stock valued at $1,272,363,000 after acquiring an additional 13,382,074 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ORLY has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Mizuho boosted their target price on O'Reilly Automotive from $93.3333 to $96.3333 and gave the stock an "outperform" rating in a report on Friday, April 25th. Royal Bank Of Canada boosted their target price on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Truist Financial boosted their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Guggenheim boosted their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued 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 target price of $103.38.

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.