Ramon Parises Odems Sells 2,000 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) SVP Ramon Parises Odems sold 2,000 shares of O'Reilly Automotive stock in a transaction on Friday, May 30th. The stock was sold at an average price of $1,360.45, for a total transaction of $2,720,900.00. Following the transaction, the senior vice president now directly owns 16 shares in the company, valued at $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

O'Reilly Automotive Trading Up 0.4%

Shares of NASDAQ ORLY traded up $5.92 during mid-day trading on Friday, hitting $1,377.72. The company had a trading volume of 333,740 shares, compared to its average volume of 376,613. O'Reilly Automotive, Inc. has a 1 year low of $969.70 and a 1 year high of $1,458.37. The company has a market capitalization of $78.51 billion, a price-to-earnings ratio of 33.88, a P/E/G ratio of 2.34 and a beta of 0.60. The stock's 50-day moving average price is $1,373.84 and its 200-day moving average price is $1,311.06.

O'Reilly Automotive shares are going to split on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly created shares will be issued to shareholders after the closing bell on Monday, June 9th.

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

Institutional Investors Weigh In On O'Reilly Automotive

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of O'Reilly Automotive by 175,115.6% during the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after buying an additional 1,821,202 shares in the last quarter. Norges Bank purchased a new position in O'Reilly Automotive in the fourth quarter worth $867,190,000. Nuveen LLC bought a new position in O'Reilly Automotive in the first quarter valued at $897,549,000. Proficio Capital Partners LLC raised its position in O'Reilly Automotive by 205,600.0% during the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer's stock valued at $597,602,000 after purchasing an additional 503,720 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in O'Reilly Automotive by 20.8% during the first quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock valued at $2,757,148,000 after purchasing an additional 330,964 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on ORLY. Royal Bank of Canada lifted their price target 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. Mizuho boosted their price target on shares of O'Reilly Automotive from $1,400.00 to $1,445.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. UBS Group increased their price target on shares of O'Reilly Automotive from $1,535.00 to $1,580.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Wall Street Zen raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Finally, Barclays increased their target price on shares of O'Reilly Automotive from $1,250.00 to $1,290.00 and gave the company an "equal weight" rating in a research report on Monday, April 28th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O'Reilly Automotive currently has an average rating of "Buy" and a consensus price target of $1,414.56.

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.