O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Free Report) Director Dana Perlman sold 100 shares of the firm’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $974.24, for a total transaction of $97,424.00. Following the sale, the director now owns 1,197 shares in the company, valued at approximately $1,166,165.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded down $3.49 during midday trading on Wednesday, hitting $973.94. The company’s stock had a trading volume of 275,531 shares, compared to its average volume of 420,996. The company has a market cap of $57.62 billion, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 1.94 and a beta of 0.83. The business’s 50 day simple moving average is $938.82 and its 200 day simple moving average is $936.64. O’Reilly Automotive, Inc. has a 12-month low of $767.27 and a 12-month high of $1,005.96.

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of O’Reilly Automotive from $980.00 to $1,030.00 and gave the company an “overweight” rating in a research report on Wednesday, October 18th. Oppenheimer lowered shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $1,000.00 to $930.00 in a research report on Friday, October 6th. Stephens reaffirmed an “overweight” rating and set a $1,060.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 26th. Truist Financial increased their price objective on shares of O’Reilly Automotive from $1,068.00 to $1,080.00 and gave the company a “buy” rating in a report on Friday, October 27th. Finally, Wedbush reaffirmed a “neutral” rating and set a $940.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 26th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,007.63.

Check Out Our Latest Research Report on ORLY

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. American Century Companies Inc. grew its holdings in O’Reilly Automotive by 0.7% during the 1st quarter. American Century Companies Inc. now owns 33,667 shares of the specialty retailer’s stock worth $28,137,000 after acquiring an additional 222 shares in the last quarter. Mirabella Financial Services LLP acquired a new position in O’Reilly Automotive during the 2nd quarter worth approximately $1,973,000. Howland Capital Management LLC grew its holdings in O’Reilly Automotive by 32.8% during the 2nd quarter. Howland Capital Management LLC now owns 19,151 shares of the specialty retailer’s stock worth $18,295,000 after acquiring an additional 4,726 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in shares of O’Reilly Automotive by 17.0% during the 2nd quarter. Sage Mountain Advisors LLC now owns 323 shares of the specialty retailer’s stock worth $309,000 after buying an additional 47 shares during the last quarter. Finally, Forsta AP Fonden lifted its position in shares of O’Reilly Automotive by 10.8% during the 2nd quarter. Forsta AP Fonden now owns 12,300 shares of the specialty retailer’s stock worth $11,750,000 after buying an additional 1,200 shares during the last quarter. Institutional investors and hedge funds own 82.92% of the company’s stock.

O’Reilly Automotive Company Profile (Get Free Report)

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider O’Reilly Automotive, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and O’Reilly Automotive wasn’t on the list.

While O’Reilly Automotive currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Original: MarketBeat News Feed: O’Reilly Automotive, Inc. (NASDAQ:ORLY) Director Dana Perlman Sells 100 Shares