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The Attractiveness of Investing In O’Reilly Automotive, Inc. (ORLY) is Growing

O’Reilly Automotive, Inc.’s filing revealed that its FORMER RETIRED CEO JOHNSON GREGORY D unloaded Company’s shares for reported $34.81 million on Mar 04 ’24. In the deal valued at $1077.91 per share,32,291 shares were sold. As a result of this transaction, JOHNSON GREGORY D now holds 4,829 shares worth roughly $5.27 million.

Then, REAVES SHARI LYNNE sold 86 shares, generating $93,499 in total proceeds. Upon selling the shares at $1087.20, the SVP OF HR AND TRAINING now owns 970 shares.

Before that, MANCINI CHRISTOPHER ANDREW sold 3,500 shares. O’Reilly Automotive, Inc. shares valued at $3,815,000 were divested by the SVP OF CENTRAL STORE OPS/SALES at a price of $1090.00 per share. As a result of the transaction, MANCINI CHRISTOPHER ANDREW now holds 0 shares, worth roughly $0.0.

Mizuho initiated its O’Reilly Automotive, Inc. [ORLY] rating to a Buy in a research note published on March 19, 2024; the price target was $1225. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Oppenheimer also remained covering ORLY and has decreased its forecast on October 06, 2023 with a “Perform” recommendation from previously “an Outperform” rating. Citigroup revised its rating on October 05, 2023. It rated ORLY as “a Buy” which previously was an “a Neutral”.

Price Performance Review of ORLY

On Tuesday, O’Reilly Automotive, Inc. [NASDAQ:ORLY] saw its stock jump 0.08% to $1092.35. Over the last five days, the stock has gained 0.26%. O’Reilly Automotive, Inc. shares have risen nearly 14.97% since the year began. Nevertheless, the stocks have risen 20.86% over the past one year. While a 52-week high of $1169.11 was reached on 03/21/24, a 52-week low of $860.10 was recorded on 01/08/24. SMA at 50 days reached $1,094.06, while 200 days put it at $989.61. A total of 0.33 million shares were traded, compared to the trading of 0.34 million shares in the previous session.

Levels Of Support And Resistance For ORLY Stock

The 24-hour chart illustrates a support level at 1,085.61, which if violated will result in even more drops to 1,078.87. On the upside, there is a resistance level at 1,099.92. A further resistance level may holdings at 1,107.49. The Relative Strength Index (RSI) on the 14-day chart is 47.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.80%. Stochastics %K at 30.68% indicates the stock is a holding.

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