Shares of OReilly Automotive (ORLY) Sees Large Outflow of Money

OReilly Automotive (ORLY) : The total money flow in OReilly Automotive (ORLY) was negative ($16.65 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $48.77 million. Transactions on upticks were comparatively lower at $32.13 million. The uptick to downtick ratio was 0.66. The total block trades on downticks were valued at $12.46 million. The money flow during block trades was negative ($12.46 million) when the stock traded with a gain of $92 cent. OReilly Automotive (ORLY) was $274.14, an increase of 0.34% over the previous days close.


Also, BTIG Research initiates coverage on OReilly Automotive (NASDAQ:ORLY). In the latest research report, BTIG Research announces the target price to $310 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 1, 2016.

OReilly Automotive (NASDAQ:ORLY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $273.66 and $273.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $275.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $274.14, notching a gain of 0.34% for the day. The total traded volume was 542,040 . The stock had closed at $273.22 on the previous day.

The stock has recorded a 20-day Moving Average of 0.57% and the 50-Day Moving Average is 3.23%. In a related news, The Officer (Cfo & Evp Of Finance), of O REILLY AUTOMOTIVE INC, Mcfall Thomas had unloaded 10,000 shares at $270 per share in a transaction on June 28, 2016. The total value of transaction was $2,700,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

OReilly Automotive, Inc. (OReilly) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Companys stores carry a product line, including new and remanufactured automotive hard parts, maintenance items and various automotive accessories. As of December 31, 2014, the Company owned and operated 4,366 stores in 43 states, servicing both the do-it-yourself (DIY) customers and the professional service providers. OReillys stores offer new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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