O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Brad W. Beckham Sells 6,032 Shares

O’Reilly Automotive, Inc. (NASDAQ:ORLY) CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at $726,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,020.71 on Wednesday. The stock has a market capitalization of $60.25 billion, a PE ratio of 25.91, a PEG ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The business’s 50-day moving average is $1,091.76 and its 200 day moving average is $1,021.39.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $8.28 earnings per share. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ORLY shares. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Truist Financial lowered their price objective on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. The Goldman Sachs Group increased their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Finally, Mizuho assumed coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective on the stock. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $1,110.07.

Institutional Trading of O’Reilly Automotive

Large investors have recently bought and sold shares of the company. Rise Advisors LLC purchased a new position in shares of O’Reilly Automotive during the first quarter valued at approximately $36,000. Newbridge Financial Services Group Inc. purchased a new stake in O’Reilly Automotive during the 1st quarter valued at $37,000. Indiana Trust & Investment Management CO raised its stake in O’Reilly Automotive by 325.0% during the 1st quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after buying an additional 26 shares during the last quarter. Riverview Trust Co purchased a new stake in O’Reilly Automotive during the 1st quarter valued at $41,000. Finally, Carmel Capital Partners LLC raised its stake in O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 35 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

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.