Scott E. Kraus Sells 8,500 Shares of O’Reilly Automotive, Inc. (ORLY) Stock

O’Reilly Automotive, Inc. (NASDAQ:ORLY) SVP Scott E. Kraus sold 8,500 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $237.84, for a total transaction of $2,021,640.00. Following the sale, the senior vice president now directly owns 4,959 shares of the company’s stock, valued at approximately $1,179,448.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

O’Reilly Automotive, Inc. (NASDAQ ORLY) opened at $245.83 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.10 and a debt-to-equity ratio of 4.72. The company has a market capitalization of $21,130.00, a P/E ratio of 21.75, a PEG ratio of 1.48 and a beta of 0.84. O’Reilly Automotive, Inc. has a 52-week low of $169.43 and a 52-week high of $286.57.

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

O’Reilly Automotive announced that its board has authorized a stock buyback plan on Friday, September 1st that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the specialty retailer to reacquire up to 5.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Several equities research analysts have recently commented on ORLY shares. Oppenheimer reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Wednesday, August 9th. Robert W. Baird reissued a “neutral” rating on shares of O’Reilly Automotive in a report on Friday, September 1st. Bank of America reissued a “buy” rating and issued a $250.00 target price on shares of O’Reilly Automotive in a report on Tuesday, September 5th. UBS reissued a “buy” rating and issued a $240.00 target price (up from $230.00) on shares of O’Reilly Automotive in a report on Thursday, October 19th. Finally, Credit Suisse Group set a $193.00 target price on shares of O’Reilly Automotive and gave the stock a “hold” rating in a report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $243.48.

A number of large investors have recently added to or reduced their stakes in ORLY. JPMorgan Chase & Co. increased its stake in O’Reilly Automotive by 66.8% in the second quarter. JPMorgan Chase & Co. now owns 3,123,465 shares of the specialty retailer’s stock worth $683,226,000 after purchasing an additional 1,251,237 shares during the period. Principal Financial Group Inc. boosted its position in O’Reilly Automotive by 45.7% during the third quarter. Principal Financial Group Inc. now owns 2,583,140 shares of the specialty retailer’s stock valued at $556,331,000 after purchasing an additional 809,647 shares in the last quarter. Polen Capital Management LLC boosted its position in O’Reilly Automotive by 29.4% during the third quarter. Polen Capital Management LLC now owns 2,672,521 shares of the specialty retailer’s stock valued at $575,581,000 after purchasing an additional 607,076 shares in the last quarter. BlackRock Inc. boosted its holdings in O’Reilly Automotive by 9.1% in the second quarter. BlackRock Inc. now owns 6,213,274 shares of the specialty retailer’s stock worth $1,359,092,000 after acquiring an additional 520,626 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in O’Reilly Automotive by 69.7% in the second quarter. Renaissance Technologies LLC now owns 861,994 shares of the specialty retailer’s stock worth $188,553,000 after acquiring an additional 354,094 shares in the last quarter. Institutional investors own 88.56% of the company’s stock.

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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)

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