O’Reilly Automotive, Inc. (NASDAQ:ORLY) EVP Doug D. Bragg Sells 4,064 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) EVP Doug D. Bragg sold 4,064 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $980.08, for a total value of $3,983,045.12. Following the completion of the sale, the executive vice president now owns 5,524 shares in the company, valued at approximately $5,413,961.92. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

O’Reilly Automotive Trading Up 1.0 %

Shares of NASDAQ ORLY opened at $995.92 on Tuesday. O’Reilly Automotive, Inc. has a 12-month low of $767.27 and a 12-month high of $999.14. The company has a market cap of $59.38 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.95 and a beta of 0.83. The stock has a fifty day moving average price of $929.38 and a 200 day moving average price of $933.65.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, October 26th. The specialty retailer reported $10.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.36 by $0.36. O’Reilly Automotive had a negative return on equity of 152.96% and a net margin of 14.86%. The firm had revenue of $4.20 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the prior year, the firm earned $9.17 EPS. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. On average, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 38.2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ORLY shares. Wedbush reaffirmed a “neutral” rating and issued a $940.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 26th. JPMorgan Chase & Co. upped their target price on O’Reilly Automotive from $980.00 to $1,030.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Royal Bank of Canada upped their target price on O’Reilly Automotive from $988.00 to $1,003.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Citigroup raised O’Reilly Automotive from a “neutral” rating to a “buy” rating and upped their target price for the company from $983.00 to $1,040.00 in a research note on Thursday, October 5th. Finally, William Blair initiated coverage on O’Reilly Automotive in a research note on Thursday, August 3rd. They issued an “outperform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,007.63.

Institutional Trading of O’Reilly Automotive

Several large investors have recently added to or reduced their stakes in ORLY. Cibc World Market Inc. grew its stake in shares of O’Reilly Automotive by 305.4% during the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock valued at $2,213,000 after acquiring an additional 2,434 shares in the last quarter. Sei Investments Co. grew its stake in shares of O’Reilly Automotive by 51.3% during the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock valued at $10,894,000 after acquiring an additional 5,376 shares in the last quarter. Prudential PLC acquired a new stake in shares of O’Reilly Automotive during the first quarter valued at about $1,847,000. Cetera Investment Advisers grew its stake in shares of O’Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock valued at $1,343,000 after acquiring an additional 644 shares in the last quarter. Finally, Moors & Cabot Inc. grew its stake in shares of O’Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock valued at $262,000 after acquiring an additional 39 shares in the last quarter. 82.92% of the stock is currently owned by institutional investors and hedge funds.

About O’Reilly Automotive

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.