Ownership Change: An Insider Charles Oreilly Unloaded 10000 shares of O’Reilly Automotive Inc (NASDAQ:ORLY)

November 23, 2016 - By Marguerite Chambers

Ownership Change: An Insider Charles Oreilly Unloaded 10000 shares of O'Reilly Automotive Inc (NASDAQ:ORLY)

Charles Oreilly Insider Sell

At an average price-per-share of $268.4, Charles Oreilly, the O Reilly Automotive Inc’s director unloaded 10,000 shares of O Reilly Automotive Inc worth roughly $2,684,183 USD. The posibility that the trade stays hidden are nil owing to the massive amount of cash involved. Currently, Charles Oreilly owns 215,303 shares which make up about 0.23% of O Reilly Automotive Inc’s total market cap.

O’Reilly Automotive Inc (NASDAQ:ORLY) Ratings Coverage

Out of 15 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 12 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 80% are positive. $343 is the highest target while $230 is the lowest. The $292.40 average target is 6.15% above today’s ($275.47) stock price. O’Reilly Automotive has been the topic of 24 analyst reports since July 30, 2015 according to StockzIntelligence Inc. As per Thursday, December 17, the company rating was upgraded by Citigroup. Susquehanna initiated O’Reilly Automotive Inc (NASDAQ:ORLY) rating on Friday, August 26. Susquehanna has “Positive” rating and $343 price target. The firm has “Hold” rating by Deutsche Bank given on Friday, October 30. Cleveland upgraded O’Reilly Automotive Inc (NASDAQ:ORLY) on Thursday, April 14 to “Buy” rating. The firm has “Buy” rating given on Friday, April 15 by Gabelli. Zacks downgraded the stock to “Buy” rating in Friday, August 21 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, April 29. The rating was upgraded by Oppenheimer on Tuesday, March 22 to “Outperform”. On Thursday, February 11 the stock rating was maintained by Wedbush with “Outperform”. The firm has “Buy” rating by Citigroup given on Friday, April 29.

Insitutional Activity: The institutional sentiment decreased to 0.68 in Q2 2016. Its down 0.08, from 0.76 in 2016Q1. The ratio turned negative, as 52 funds sold all O’Reilly Automotive Inc shares owned while 276 reduced positions. 52 funds bought stakes while 196 increased positions. They now own 82.23 million shares or 8.48% less from 89.85 million shares in 2016Q1.

Silvercrest Asset Mgmt Grp Lc has 1,270 shares for 0% of their US portfolio. Apg Asset Management Nv has 0.09% invested in the company for 166,929 shares. Next Fincl Group Inc holds 0.01% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY) for 125 shares. Moreover, Exxonmobil Inv Mgmt Tx has 0.14% invested in O’Reilly Automotive Inc (NASDAQ:ORLY) for 24,968 shares. Strategy Asset Managers Lc has 1.02% invested in the company for 16,491 shares. Private Trust Co Na has invested 0.06% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY). Employees Retirement Systems Of Texas accumulated 0.24% or 65,600 shares. Advantus Cap Mgmt reported 9,710 shares or 0.07% of all its holdings. Brc Inv Mngmt Limited Liability Corporation accumulated 1.97% or 41,741 shares. Incline Glob Mngmt Lc holds 6.91% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY) for 109,712 shares. Associated Banc has invested 0.03% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY). Glob X Mngmt Limited has invested 0% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY). Hightower Advsr Limited Company has 0.06% invested in the company for 16,511 shares. Qs Invsts Ltd Liability Corporation holds 0.07% or 29,947 shares in its portfolio. Pine River Cap Mgmt Limited Partnership holds 23,846 shares or 0.08% of its portfolio.

Insider Transactions: Since May 26, 2016, the stock had 1 buy, and 9 sales for $51.08 million net activity. SHAW JEFF M sold 10,000 shares worth $2.90M. 367 shares with value of $97,360 were sold by RASHKOW RONALD on Friday, May 27. $157,780 worth of O’Reilly Automotive Inc (NASDAQ:ORLY) shares were sold by HENDRICKSON THOMAS. The insider ELLIS LARRY LEE sold 2,000 shares worth $533,081. OREILLY LAWRENCE P also sold $1.74M worth of O’Reilly Automotive Inc (NASDAQ:ORLY) on Friday, August 5. 10,000 shares were sold by WOOTEN ROSALIE OREILLY, worth $2.90M. $1.17 million worth of shares were sold by DUMAS ROBERT ALLEN on Friday, November 18.

The stock increased 0.17% or $0.47 during the last trading session, hitting $275.47. About 801,952 shares traded hands. O’Reilly Automotive Inc (NASDAQ:ORLY) has risen 1.94% since April 21, 2016 and is uptrending. It has underperformed by 3.39% the S&P500.

O’Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The company has a market cap of $26.50 billion. The Firm offers its products to both do-it-yourself and professional service well-known provider customers. It has a 26.67 P/E ratio. The Company’s stores’ 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 and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

According to Zacks Investment Research, “O’Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both do-it-yourself customers and professional mechanics or service technicians. O’Reilly stores carry an extensive product line consisting of new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, and brake shoes and pads, maintenance items, such as oil, antifreeze, fluids, engine additives and appearance products, accessories, such as floor mats and seat covers.”

Analysts await O’Reilly Automotive Inc (NASDAQ:ORLY) to report earnings on February, 8. They expect $2.55 EPS, up 16.44% or $0.36 from last year’s $2.19 per share. ORLY’s profit will be $245.31M for 27.01 P/E if the $2.55 EPS becomes a reality. After $2.90 actual EPS reported by O’Reilly Automotive Inc for the previous quarter, Wall Street now forecasts -12.07% negative EPS growth.

More important recent O’Reilly Automotive Inc (NASDAQ:ORLY) news were published by: Seekingalpha.com which released: “O’Reilly Automotive Is A Must-Buy” on November 21, 2016, also Fool.com published article titled: “Has Advance Auto Parts Inc. Turned the Corner?”, Seekingalpha.com published: “Is The Plunge Of O’Reilly Automotive Justified?” on October 31, 2016. More interesting news about O’Reilly Automotive Inc (NASDAQ:ORLY) was released by: Fool.com and their article: “Why Community Health Systems, O’Reilly Auto Parts, and Cliffs Natural ..” with publication date: October 27, 2016.

ORLY Company Profile

O’Reilly Automotive, Inc., incorporated on December 20, 2010, is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Firm offers its products to both do-it-yourself (DIY) and professional service well-known provider customers. The Firm operates approximately 4,570 stores in over 40 states. The Company’s stores’ 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. The Firm operates approximately 30 distribution centers and over 300 Hub stores.

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