O’Reilly Auto board members conduct trades

Three of O’Reilly Automotive Inc.’s (Nasdaq: ORLY) board members last month made millions of dollars worth of stock transactions.

The trades were made public in March 2 filings with the U.S. Securities and Exchange Commission.

The largest trades, conducted Feb. 12 and Feb. 16, were “bona fide gift” transactions by board director Rosalie O’Reilly Wooten, according to an SEC filing. She sold $5.3 million worth of O’Reilly Automotive stock through the trades.

Board member Larry O’Reilly on Feb. 27 sold 4,485 shares for $1.7 million. That same day, director Thomas Hendrickson sold 1,000 shares for $374,690, according to separate SEC filings.

Additionally, O’Reilly Automotive Senior Vice President of Information Technology Jeffrey Lauro on Feb. 28 bought 50 shares for an investment of $18,000, according to an SEC filing.

Springfield Business Journal previously reported Robert Dumas, the auto parts retailer’s senior vice president of eastern store operations and sales, made $7.6 million on a February trade.

O’Reilly Automotive recently announced 2019 revenue climbed 6.4% to $10.1 billion, marking the first time the company has hit that sales benchmark. Company officials project revenue could reach $11 billion in 2020, according to past SBJ reporting.

ORLY shares were trading at $$376.54 as of 11:13 a.m., compared with a 52-week range of $349.71 to $454.31.