O’Reilly Automotive Inc Just Recorded A Sigfniciant Bearish Options Activity

 O'Reilly Automotive Inc Just Recorded A Sigfniciant Bearish Options Activity

In today’s session O’Reilly Automotive Inc (ORLY) recorded an unusually high (216) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious ORLY decrease. With 216 contracts traded and 8954 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: ORLY161216P00250000 closed last at: $3.7 or 5.1% down. About 385,021 shares traded hands. O’Reilly Automotive Inc (NASDAQ:ORLY) has declined 3.62% since April 7, 2016 and is downtrending. It has underperformed by 8.40% the S&P500.

O’Reilly Automotive Inc (NASDAQ:ORLY) Ratings Coverage

Out of 15 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 12 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 80% are positive. O’Reilly Automotive has been the topic of 24 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of O’Reilly Automotive Inc (NASDAQ:ORLY) earned “Buy” rating by Deutsche Bank on Monday, January 25. The company was downgraded on Monday, September 21 by Zacks. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, April 29 report. The rating was downgraded by Zacks on Friday, August 21 to “Buy”. As per Friday, August 26, the company rating was initiated by Susquehanna. The stock of O’Reilly Automotive Inc (NASDAQ:ORLY) has “Buy” rating given on Friday, October 28 by Deutsche Bank. Citigroup upgraded O’Reilly Automotive Inc (NASDAQ:ORLY) on Thursday, December 17 to “Buy” rating. The company was upgraded on Monday, January 25 by Sterne Agee CRT. The firm has “Buy” rating by Gabelli given on Friday, April 15. As per Tuesday, September 15, the company rating was initiated by Jefferies.

According to Zacks Investment Research, “O’Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both do-it-yourself customers and professional mechanics or service technicians. O’Reilly stores carry an extensive product line consisting of new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, and brake shoes and pads, maintenance items, such as oil, antifreeze, fluids, engine additives and appearance products, accessories, such as floor mats and seat covers.”

Insitutional Activity: The institutional sentiment decreased to 0.76 in 2016 Q2. Its down 0.11, from 0.87 in 2016Q1. The ratio turned negative, as 52 funds sold all O’Reilly Automotive Inc shares owned while 276 reduced positions. 52 funds bought stakes while 196 increased positions. They now own 82.23 million shares or 8.48% less from 89.85 million shares in 2016Q1.
Teachers, a New York-based fund reported 287,713 shares. Tiger Eye Capital Limited Co holds 21,040 shares or 0.8% of its portfolio. Alpine Woods Investors Limited Com owns 1,000 shares or 0.02% of their US portfolio. Allianz Asset Management Ag holds 0.01% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY) for 46,807 shares. Blackrock Fund Advsrs accumulated 0.1% or 1.67 million shares. Dubuque Commercial Bank & Com last reported 0.01% of its portfolio in the stock. Moreover, Bnp Paribas Inv Prtnrs Sa has 0.41% invested in O’Reilly Automotive Inc (NASDAQ:ORLY) for 177,945 shares. The Texas-based 1St Glob Advsr has invested 0.1% in O’Reilly Automotive Inc (NASDAQ:ORLY). Monetary Mgmt Group Inc owns 1,900 shares or 0.24% of their US portfolio. The New York-based Guardian Life Of America has invested 0.01% in O’Reilly Automotive Inc (NASDAQ:ORLY). Ibm Retirement Fund has invested 0.12% of its portfolio in O’Reilly Automotive Inc (NASDAQ:ORLY). Nuveen Asset Limited Company holds 93,952 shares or 0.16% of its portfolio. Creative Planning owns 10,163 shares or 0.02% of their US portfolio. Woodstock reported 59,297 shares or 3.32% of all its holdings. Retirement Sys Of Alabama has 0.08% invested in the company for 49,175 shares.

Insider Transactions: Since May 13, 2016, the stock had 4 insider buys, and 11 selling transactions for $52.19 million net activity. On Thursday, August 11 the insider WOOTEN ROSALIE OREILLY sold $2.90 million. Another trade for 367 shares valued at $97,360 was made by RASHKOW RONALD on Friday, May 27. 140,000 shares were sold by OREILLY DAVID E, worth $40.64 million. 4,000 shares were sold by BECKHAM BRAD W, worth $1.14M on Thursday, August 18. BARTHOLOMEW TONY E also bought $435,200 worth of O’Reilly Automotive Inc (NASDAQ:ORLY) on Monday, May 23. SHAW JEFF M sold $2.90M worth of stock or 10,000 shares. Shares for $26,000 were bought by LAURO JEFFREY ALAN.

O’Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The company has a market cap of $24.70 billion. The Firm offers its products to both do-it-yourself and professional service well-known provider customers. It has a 25.25 P/E ratio. The Company’s stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

ORLY Company Profile

O’Reilly Automotive, Inc., incorporated on December 20, 2010, is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Firm offers its products to both do-it-yourself (DIY) and professional service well-known provider customers. The Firm operates approximately 4,570 stores in over 40 states. The Company’s stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline 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. The Firm operates approximately 30 distribution centers and over 300 Hub stores.

More recent O’Reilly Automotive Inc (NASDAQ:ORLY) news were published by: Seekingalpha.com which released: “Is The Plunge Of O’Reilly Automotive Justified?” on October 31, 2016. Also Fool.com published the news titled: “Why Community Health Systems, O’Reilly Auto Parts, and Cliffs Natural …” on October 27, 2016. Reuters.com‘s news article titled: “BRIEF-O’Reilly Automotive reports Q3 results” with publication date: October 26, 2016 was also an interesting one.

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