YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
O’Reilly Automotive Inc. (Nasdaq: ORLY) stock has set multiple 52-week highs this month, prompting company executives to set trades in motion.
The auto parts retailer’s most recent high of $334.02 was set Aug. 21. It also was an all-time high for the company, according to stock records compiled by Yahoo Finance. ORLY shares were trading this morning at $329.66, and the company’s 52-week low is $190.
Through a combination of traditional share sales and executing stock options, board Chairman David O’Reilly made $14.7 million starting on Aug. 14 and going through Aug. 22, according to O’Reilly Automotive’s most recent filings with the U.S. Securities and Exchange Commission.
Those trades followed a $776,405 transaction on Aug. 3, which was previously reported by Springfield Business Journal.
Other stock moves this month included:
• board member Rosalie O’Reilly Wooten, whose trades that totaled $2.2 million were made up of traditional share sales and gifts;
• Senior Vice President of Real Estate and Expansion Scott Kraus, who made $1.4 million by utilizing the SEC transaction code M, through which executives can execute their rights to buy shares at set rates and sell them at market prices;
• board member Thomas Hendrickson, who made $798,283 in two days of trading Aug. 9-10;
• board member Ronald Rashkow, who sold 1,500 shares for $473,658 on Aug. 7;
• Jason Tarrant, senior vice president of western store operations and sales, who through the SEC’s code M made $280,736 on Aug. 8; and
• board member John Murphy, who sold 400 shares for $132,513 on Aug. 23.
For the second quarter, O’Reilly Automotive last month reported its earnings rose 25 percent to $353.1 million.
Alair Springfield is first Missouri franchise for Canada-based company.
