O'Reilly, Jack Henry execs sell shares

Executives from O’Reilly Automotive Inc. (Nasdaq: ORLY) and Jack Henry & Associates Inc. this week sold thousands of shares.

On June 29, O’Reilly Auto Executive Vice President of Expansion Ted Wise sold 15,000 shares at $229.56 apiece, for a value of $3.4 million. He also exercised rights to buy 13,546 shares at $81.54 apiece, for $1.1 million, and 1,454 shares at $58.21 apiece, for $84,637, according to a U.S. Securities and Exchange Commission filing.

Wise, who is transitioning toward retirement, earlier this year sold nearly $50 million in stock after the company’s shares crossed the $200 threshold, according to Springfield Business Journal archives.

At Jack Henry, Chief Technology Officer Mark Forbis let go of 3,000 shares at $65.68 apiece, for a total of $197,047, according to an SEC filing.

Following the June 29 sale reported to the SEC yesterday, Forbis still owns 2,119 shares directly and 14,077 indirectly via his 401(k) plan.

According to SEC filings, the sale marks only the second disposal this year by a Jack Henry officer. In January, President David Foss sold 1,457 shares at $62.21 apiece, a value of $90,640.

Jack Henry, a Monett-based banking software and technology company, yesterday announced its purchase of Birmingham, Ala., portfolio management firm Bayside Business Solutions Inc.

JKHY shares were trading at $65.42 as of 11:33 a.m., compared to a 52-week range of $51.86 to $70.25. ORLY shares were trading at $230.26, compared to a 52-week range of $145.51 to $233.84.[[In-content Ad]]