Najera Jose A. Montellano Sells 19 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) SVP Najera Jose A. Montellano sold 19 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $1,351.91, for a total value of $25,686.29. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

O'Reilly Automotive Stock Up 0.3%

Shares of ORLY traded up $4.32 during mid-day trading on Thursday, hitting $1,370.91. The stock had a trading volume of 29,927 shares, compared to its average volume of 377,093. The company has a market cap of $78.13 billion, a PE ratio of 33.74, a PEG ratio of 2.34 and a beta of 0.64. The company's fifty day simple moving average is $1,375.05 and its two-hundred day simple moving average is $1,309.99. O'Reilly Automotive, Inc. has a fifty-two week low of $964.71 and a fifty-two week high of $1,458.37.

O'Reilly Automotive's stock is set to split before the market opens on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly minted shares will be payable to shareholders after the market closes on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The specialty retailer reported $9.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.84 by ($0.49). The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.18 billion. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $9.20 earnings per share. Equities analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Institutional Investors Weigh In On O'Reilly Automotive

A number of institutional investors have recently bought and sold shares of the business. OLD National Bancorp IN raised its position in O'Reilly Automotive by 12.5% during the fourth quarter. OLD National Bancorp IN now owns 234 shares of the specialty retailer's stock valued at $277,000 after acquiring an additional 26 shares in the last quarter. Caprock Group LLC raised its holdings in O'Reilly Automotive by 17.7% during the fourth quarter. Caprock Group LLC now owns 1,321 shares of the specialty retailer's stock valued at $1,568,000 after buying an additional 199 shares in the last quarter. Waldron Private Wealth LLC raised its holdings in O'Reilly Automotive by 34.3% during the fourth quarter. Waldron Private Wealth LLC now owns 862 shares of the specialty retailer's stock valued at $1,022,000 after buying an additional 220 shares in the last quarter. China Universal Asset Management Co. Ltd. raised its holdings in O'Reilly Automotive by 27.7% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 940 shares of the specialty retailer's stock valued at $1,115,000 after buying an additional 204 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its holdings in O'Reilly Automotive by 38.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,168 shares of the specialty retailer's stock valued at $34,587,000 after buying an additional 8,103 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on ORLY shares. Royal Bank of Canada upped their target price on shares of O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Wall Street Zen upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. DA Davidson upped their price target on O'Reilly Automotive from $1,525.00 to $1,600.00 and gave the stock a "buy" rating in a report on Friday, April 25th. Wedbush upped their target price on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a "neutral" rating in a report on Thursday, February 6th. Finally, Guggenheim reissued a "buy" rating and issued a $1,475.00 price objective on shares of O'Reilly Automotive in a research note on Monday, March 10th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and an average target price of $1,414.56.

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.