O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Gregory L. Henslee Sells 3,073 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the completion of the transaction, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,330.42 on Thursday. The company has a market cap of $76.81 billion, a P/E ratio of 32.72, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27. The business’s 50-day simple moving average is $1,258.72 and its 200 day simple moving average is $1,206.84.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on ORLY shares. Evercore ISI upped their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. UBS Group raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Finally, Barclays increased their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,390.81.

Hedge Funds Weigh In On O’Reilly Automotive

A number of institutional investors have recently added to or reduced their stakes in ORLY. Lee Danner & Bass Inc. purchased a new stake in shares of O’Reilly Automotive during the fourth quarter worth about $28,000. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in O’Reilly Automotive during the 4th quarter worth approximately $31,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $32,000. Finally, Kestra Investment Management LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

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.