The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. O’Reilly Automotive, Inc shares valued at $2,179,380 were sold by CONN TAMARA F. on Nov 29 ’24. At $1245.36 per share, CONN TAMARA F. sold 1,750 shares. The insider’s holdings dropped to 361 shares worth approximately $0.44 million following the completion of this transaction.
Also, CONN TAMARA F. purchased 1,750 shares, netting a total of over 2,179,380 in proceeds.
Before that, LOAFMAN JEFFERY THOMAS had sold 620 shares from its account. In a trade valued at $769,042, the SVP OF DISTRIBUTION OPERATIONS traded O’Reilly Automotive, Inc shares for $1240.39 each. Upon closing the transaction, the insider’s holdings decreased to 620 shares, worth approximately $6028.7.
As published in their initiating research note from BMO Capital Markets on December 13, 2024, O’Reilly Automotive, Inc [ORLY] has been an Outperform and the price target has been revised to $1400. As of March 19, 2024, Mizuho has initiated its “Buy” rating for ORLY. Earlier on October 10, 2023, TD Cowen initiated its rating. Their recommendation was “an Outperform” for ORLY stock.
Analyzing ORLY Stock Performance
During the last five days, there has been a surge of approximately 1.68%. Over the course of the year, O’Reilly Automotive, Inc shares have jumped approximately 1.68%. Shares of the company reached a 52-week high of $1,223.06 on 01/06/25 and a 52-week low of $1,182.38 on 01/02/25. A 50-day SMA is recorded $1,218.25, while a 200-day SMA reached $1,119.01. Nevertheless, trading volume fell to 0.26 million shares from 0.51 million shares the previous day.
Support And Resistance Levels for O’Reilly Automotive, Inc (ORLY)
According to the 24-hour chart, there is a support level at 1,198.21, which, if violated, would cause prices to drop to 1,190.67. In the upper region, resistance lies at 1,211.22. The next price resistance is at 1,216.69. RSI (Relative Strength Index) is 46.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.65, which suggests the price will decrease in the coming days. Percent R is at 59.03%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
