O’Reilly Automotive, Inc. (ORLY) SVP Jeremy Adam Fletcher Sells 750 Shares of Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Jeremy Adam Fletcher sold 750 shares of O’Reilly Automotive stock in a transaction on Friday, November 10th. The shares were sold at an average price of $215.11, for a total transaction of $161,332.50. Following the completion of the transaction, the senior vice president now owns 1,640 shares in the company, valued at $352,780.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of O’Reilly Automotive, Inc. (NASDAQ ORLY) opened at $214.17 on Tuesday. O’Reilly Automotive, Inc. has a 1 year low of $169.43 and a 1 year high of $286.57. The company has a quick ratio of 0.10, a current ratio of 0.93 and a debt-to-equity ratio of 4.72. The company has a market cap of $18,232.49, a PE ratio of 18.63, a P/E/G ratio of 1.27 and a beta of 0.80.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, topping the consensus estimate of $3.15 by $0.07. O’Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the firm earned $2.90 EPS. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. analysts anticipate that O’Reilly Automotive, Inc. will post 11.91 earnings per share for the current fiscal year.

O’Reilly Automotive declared that its Board of Directors has authorized a stock repurchase plan on Friday, September 1st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the specialty retailer to buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Markets Daily and is the property of of Markets Daily. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.themarketsdaily.com/2017/11/14/oreilly-automotive-inc-orly-svp-jeremy-adam-fletcher-sells-750-shares-of-stock.html.

A number of hedge funds have recently made changes to their positions in the stock. Proficio Capital Partners LLC raised its stake in O’Reilly Automotive by 1.0% in the 2nd quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock valued at $105,000 after purchasing an additional 5 shares during the last quarter. HL Financial Services LLC raised its stake in O’Reilly Automotive by 1.4% in the 2nd quarter. HL Financial Services LLC now owns 2,005 shares of the specialty retailer’s stock valued at $439,000 after purchasing an additional 27 shares during the last quarter. First Personal Financial Services raised its stake in O’Reilly Automotive by 3.8% in the 2nd quarter. First Personal Financial Services now owns 1,049 shares of the specialty retailer’s stock valued at $230,000 after purchasing an additional 38 shares during the last quarter. Pacer Advisors Inc. raised its stake in O’Reilly Automotive by 1.4% in the 2nd quarter. Pacer Advisors Inc. now owns 3,053 shares of the specialty retailer’s stock valued at $668,000 after purchasing an additional 42 shares during the last quarter. Finally, Monetary Management Group Inc. raised its stake in O’Reilly Automotive by 16.3% in the 2nd quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock valued at $102,000 after purchasing an additional 65 shares during the last quarter. 97.98% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently weighed in on the stock. UBS AG reiterated a “buy” rating and issued a $240.00 price objective (up from $230.00) on shares of O’Reilly Automotive in a research report on Thursday, October 19th. Robert W. Baird reiterated a “neutral” rating on shares of O’Reilly Automotive in a research report on Friday, September 1st. Credit Suisse Group set a $193.00 price objective on shares of O’Reilly Automotive and gave the company a “hold” rating in a research report on Thursday, October 26th. Oppenheimer Holdings, Inc. lowered their price objective on shares of O’Reilly Automotive from $300.00 to $220.00 and set an “outperform” rating on the stock in a research report on Thursday, July 20th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $190.00 price objective (down from $272.00) on shares of O’Reilly Automotive in a research report on Friday, July 21st. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $243.48.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Insider Buying and Selling by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply