Insiders Make Significant Stock Sales in O'Reilly Automotive (ORLY) Shares Extending the Trend of Last Quarter
10:19 PM EDT, 05/07/2021 (MT Newswires) -- There was a notable level of net share sales at O'Reilly Automotive today, as revealed in filings with the SEC. Two insiders -- Lawrence P O'Reilly, Director, and David E O'Reilly, Director and Officer -- sold 72,250 shares in the company having a market value of approximately $40,333,672. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 350 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 72,600 shares and have averaged 24,200 shares per transaction over this time period.
Today's Insider Activity
Over the last 90 days, the number of insider buy/sell trades at O'Reilly Automotive is above its 7-company peer group average. The Automotive Parts & Accessories Retailers peer group saw 5 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares traded per transaction by O'Reilly Automotive insiders is lower than its peers. Within the peer group there were 0 shares purchased and 145,750 shares sold with company insiders having sold 29,150 shares on average over this time period.
Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in composing and writing this story.
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