Nine executives and board members of O’Reilly Automotive Inc. (Nasdaq: ORLY) bought and sold company shares in recent days, according to U.S. Securities and Exchange Commission reports filed the last two weeks.
CEO Greg Henslee exercised his contractual right to purchase stock under the SEC’s Code M rule, according to a filing this week. Henslee on Feb. 16 purchased 5,370 shares at a set price of $22.65 and then sold the shares at $269.41 apiece. He reported a net profit of $1.3 million, according to an SEC filing.
Other filings this week indicated board member Ronald Rashkow acquired 500 shares under Code M and then sold them for a profit of $109,650. Senior Vice President of Information Technology Jeff Lauro acquired 25 shares for $6,688, and he also bought 25 shares on Feb. 13 for $6,750.
Highlights from SEC filings last week:
• Senior Vice President of Central Store Operations and Sales Brad Beckham bought and sold shares last week that resulted in a profit of nearly $2 million.
• Senior Vice President of Legal and General Counsel Jeffrey Groves bought 4,000 shares at a set rate and sold them at market prices or a $944,480 profit.
• Board member Thomas Hendrickson sold 688 shares for $186,471.
• Board member Larry O’Reilly sold 11,500 shares for $3.1 million.
• Board member Paul Lederer exercised his right to buy 5,000 shares at a set price of $48.31 for an investment of $241,550.
• Board member Jay Burchfield bought 5,000 shares at a set price and sold them at market prices for a profit of $1.1 million.
O’Reilly Automotive
recently reported an 11.4 percent increase in 2016 earnings to $1 billion.
ORLY shares were trading at $267.85 of 11:46 a.m., compared with a 52-week range of $248.02 to $292.84.
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