In a filing, O’Reilly Automotive, Inc. revealed its CEO BECKHAM BRAD W unloaded Company’s shares for reported $6.12 million on May 03 ’24. In the deal valued at $1015.00 per share,6,032 shares were sold. As a result of this transaction, BECKHAM BRAD W now holds 716 shares worth roughly $0.73 million.
Then, JOHNSON GREGORY D sold 32,291 shares, generating $34,806,953 in total proceeds. Upon selling the shares at $1077.91, the FORMER RETIRED CEO now owns 4,829 shares.
Before that, REAVES SHARI LYNNE sold 86 shares. O’Reilly Automotive, Inc. shares valued at $93,499 were divested by the SVP OF HR AND TRAINING at a price of $1087.20 per share. As a result of the transaction, REAVES SHARI LYNNE now holds 970 shares, worth roughly $0.99 million.
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 0.45% to $1020.71. Over the last five days, the stock has gained 0.74%. O’Reilly Automotive, Inc. shares have risen nearly 7.43% since the year began. Nevertheless, the stocks have risen 8.50% 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 $1,090.82, while 200 days put it at $993.03. A total of 0.4 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For ORLY Stock
The 24-hour chart illustrates a support level at 1,014.78, which if violated will result in even more drops to 1,008.85. On the upside, there is a resistance level at 1,024.78. A further resistance level may holdings at 1,028.85. The Relative Strength Index (RSI) on the 14-day chart is 32.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -31.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.59%. Stochastics %K at 14.74% indicates the stock is a buying.
