O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Richard Darin Venosdel Sells 4,754 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) SVP Richard Darin Venosdel sold 4,754 shares of the company’s stock in a transaction dated Thursday, April 7th. The stock was sold at an average price of $725.00, for a total value of $3,446,650.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of ORLY traded down $12.53 during mid-day trading on Monday, hitting $723.94. The stock had a trading volume of 364,485 shares, compared to its average volume of 581,148. O’Reilly Automotive, Inc. has a fifty-two week low of $510.70 and a fifty-two week high of $747.00. The company has a market cap of $47.99 billion, a PE ratio of 23.68, a PEG ratio of 1.65 and a beta of 1.02. The company’s fifty day simple moving average is $675.42 and its two-hundred day simple moving average is $660.33.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last announced its quarterly earnings data on Wednesday, February 9th. The specialty retailer reported $7.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $6.00 by $1.64. O’Reilly Automotive had a return on equity of 251,634.50% and a net margin of 16.24%. The firm had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the business posted $5.40 earnings per share. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 33.17 earnings per share for the current year.

Several equities analysts recently commented on the company. Edward Jones lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Wednesday, January 5th. StockNews.com initiated coverage on shares of O’Reilly Automotive in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Royal Bank of Canada raised their price target on shares of O’Reilly Automotive from $755.00 to $815.00 and gave the company an “outperform” rating in a report on Friday, February 11th. Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $715.00 to $780.00 in a report on Wednesday, January 5th. Finally, Wedbush raised their target price on O’Reilly Automotive from $650.00 to $660.00 and gave the company a “neutral” rating in a research note on Thursday, February 10th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $713.50.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new position in O’Reilly Automotive during the 4th quarter valued at about $449,778,000. California Public Employees Retirement System boosted its stake in O’Reilly Automotive by 97.6% during the 4th quarter. California Public Employees Retirement System now owns 511,678 shares of the specialty retailer’s stock valued at $361,362,000 after purchasing an additional 252,747 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in O’Reilly Automotive by 45.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 747,436 shares of the specialty retailer’s stock valued at $527,862,000 after buying an additional 233,026 shares in the last quarter. Capital World Investors acquired a new position in shares of O’Reilly Automotive in the 3rd quarter worth approximately $71,250,000. Finally, Deutsche Bank AG grew its position in O’Reilly Automotive by 81.9% in the fourth quarter. Deutsche Bank AG now owns 236,980 shares of the specialty retailer’s stock worth $167,361,000 after buying an additional 106,678 shares during the last quarter. 79.79% of the stock is currently owned by hedge funds and other institutional investors.

About O’Reilly Automotive (Get Rating)

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. 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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