O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Jeffrey Alan Lauro Sells 49 Shares

Posted by Defense World Staff on May 16th, 2023

O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) SVP Jeffrey Alan Lauro sold 49 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $960.00, for a total value of $47,040.00. Following the sale, the senior vice president now owns 776 shares of the company’s stock, valued at $744,960. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Jeffrey Alan Lauro also recently made the following trade(s):

On Wednesday, May 10th, Jeffrey Alan Lauro sold 100 shares of O’Reilly Automotive stock. The stock was sold at an average price of $960.19, for a total value of $96,019.00.
On Friday, April 14th, Jeffrey Alan Lauro sold 740 shares of O’Reilly Automotive stock. The stock was sold at an average price of $890.00, for a total value of $658,600.00.
On Friday, February 24th, Jeffrey Alan Lauro sold 500 shares of O’Reilly Automotive stock. The stock was sold at an average price of $834.31, for a total value of $417,155.00.

O’Reilly Automotive Stock Down 1.7 %

ORLY opened at $945.28 on Tuesday. The firm has a market capitalization of $57.55 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 1.97 and a beta of 0.88. The stock’s 50 day moving average price is $875.11 and its two-hundred day moving average price is $845.30. O’Reilly Automotive, Inc. has a 12-month low of $562.90 and a 12-month high of $964.58.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The specialty retailer reported $8.28 earnings per share for the quarter, topping the consensus estimate of $8.00 by $0.28. O’Reilly Automotive had a negative return on equity of 176.66% and a net margin of 14.90%. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter last year, the firm earned $7.17 EPS. O’Reilly Automotive’s revenue for the quarter was up 12.5% compared to the same quarter last year. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 37.15 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Oppenheimer raised their price target on O’Reilly Automotive from $800.00 to $890.00 and gave the stock an “outperform” rating in a research note on Friday, February 10th. Morgan Stanley raised their price target on O’Reilly Automotive from $830.00 to $900.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 20th. Roth Mkm raised their price target on O’Reilly Automotive from $940.00 to $995.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup raised their price objective on O’Reilly Automotive from $893.00 to $916.00 in a research note on Friday, April 28th. Finally, Royal Bank of Canada raised their price objective on O’Reilly Automotive from $900.00 to $975.00 in a research note on Friday, April 28th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $933.38.

Institutional Trading of O’Reilly Automotive

Institutional investors have recently modified their holdings of the company. Romano Brothers AND Company acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $27,000. Ancora Advisors LLC acquired a new stake in O’Reilly Automotive in the 4th quarter valued at $30,000. Venturi Wealth Management LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $31,000. HHM Wealth Advisors LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $33,000. Finally, Arlington Partners LLC boosted its stake in O’Reilly Automotive by 616.7% in the 1st quarter. Arlington Partners LLC now owns 43 shares of the specialty retailer’s stock valued at $37,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 90.50% of the company’s stock.

About O’Reilly Automotive

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O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.