Rep. Jonathan L. Jackson Acquires O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY). In a filing disclosed on January 16th, the Representative disclosed that they had bought between $15,001 and $50,000 in O’Reilly Automotive stock on December 16th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of General Dynamics (NYSE:GD) on 12/16/2024.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 12/9/2024.
• Sold $15,001 – $50,000 in shares of TIM (NYSE:TIMB) on 12/9/2024.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 11/27/2024.
• Sold $15,001 – $50,000 in shares of Applied Materials (NASDAQ:AMAT) on 11/27/2024.
• Sold $15,001 – $50,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 11/13/2024.
• Purchased $15,001 – $50,000 in shares of Church & Dwight (NYSE:CHD) on 11/13/2024.
• Sold $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 11/1/2024.
• Purchased $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 10/28/2024.
• Sold $15,001 – $50,000 in shares of ASML (NASDAQ:ASML) on 10/28/2024.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,216.79 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,283.96. The stock has a 50 day moving average price of $1,223.72 and a two-hundred day moving average price of $1,160.87. The stock has a market capitalization of $70.25 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $10.72 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company’s stock.

Institutional Trading of O’Reilly Automotive

A number of hedge funds and other institutional investors have recently made changes to their positions in ORLY. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC increased its holdings in shares of O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the third quarter worth $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the third quarter worth $41,000. Finally, Retirement Wealth Solutions LLC bought a new stake in O’Reilly Automotive during the fourth quarter valued at $46,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ORLY shares. Morgan Stanley lifted their price target on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. upped their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, TD Cowen raised their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus target price of $1,270.69.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. Jackson assumed office on January 3, 2023. Jackson’s current term ends on January 3, 2025. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. Jackson declared candidacy for the 2024 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About O’Reilly Automotive

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.