YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

O’Reilly Auto chairman sells 30K shares

Posted online

O’Reilly Automotive Inc. (Nasdaq: ORLY) board Chairman David O’Reilly this week sold 30,000 shares of the auto retailer’s stock.

The May 2 transaction by O’Reilly was valued at $7.8 million, according to a U.S. Securities and Exchange Commission filing.

The only other trade so far in May by an O’Reilly Automotive official was by board member John Murphy. On May 1, he sold 600 shares to earn $153,460, according to a separate SEC filing.

O’Reilly Automotive recently reported first-quarter profits rose 15 percent to $304.9 million. The company’s shares have spiked by as much as 17 percent.

ORLY shares were trading at $260.39 as of 10:17 a.m., compared with a 52-week range of $169.43 to $279.23.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Startup Corner: Brian Hillman and Tyy Ward, Weekend Warrior Fisherman/Beyond Adventure Productions

The company's brand is designed "for those who primarily recreate or have goal-driven outdoor adventures on the weekends."

Most Read
SBJ.net Poll
Which medical marijuana initiative(s) will you vote for on Nov. 6?

View results