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More O’Reilly Auto executives sell shares

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Amid multiple 52-week stock highs for O’Reilly Automotive Inc. (Nasdaq: ORLY), more of its executives sold company shares.

Board member Rosalie O’Reilly Wooten, Senior Vice President of Western Store Operations and Sales Jason Tarrant and Senior Vice President of Distribution Larry Ellis were the latest to make transactions, according to the most recent disclosures to the U.S. Securities and Exchange Commission.

The leading transaction was made by Wooten, who on Feb. 15 sold 10,000 shares at $387.35 apiece, making $3.9 million on the sale. Separately, she sold 1,085 shares valued at $410,662 as a “bona fide gift” on Feb. 12, according to an SEC filing.

Tarrant on Feb. 19 bought and sold 1,500 shares to net $520,728. He utilized SEC code M, through which executives can execute their rights to buy shares at set rates and sell them at market prices, netting a profit on the difference.

Ellis also bought and sold shares under SEC code M. He made $230,318 when he sold 800 shares on Feb. 14, according to a filing.

The most recent sales follow transactions by three executives and one board member earlier in the month totaling 95,115 shares valued at $33 million, Springfield Business Journal previously reported.

O’Reilly Automotive’s most recent 52-week stock high was recorded on Feb. 19, when shares rose to $394.42. The company’s stock has hit around a half-dozen new highs this month, according to SBJ reporting on data collected by Yahoo Finance.

Earlier this month, O’Reilly Automotive reported earnings and sales grew during the fourth quarter and full year compared with the prior periods.

ORLY shares were trading at $381.28 as of 8:48 a.m., compared with a 52-week range of $217.64 to $394.42.


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