O’Reilly Automotive: Major Shareholders Cashing Stock in Q3
By, Wall St. Cheat Sheet
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of O’Reilly Automotive Inc. (NASDAQ:ORLY).
SEC data indicate these insiders have sold O’Reilly Automotive Inc.’s stock since 06/30/2011:
Oreilly David E: act as Chairman of the Board. On 11/30/2011, sold 200,000 shares, worth $15,290,000.
Swearengin Michael D: act as SVP of Merchandise. On 09/01/2011, sold 50,000 shares, worth $3,256,500.
Oreilly David E: act as Chairman of the Board. On 08/17/2011, sold 39,253 shares, worth $2,394,800.
Oreilly Lawrence P: act as Director. On 09/19/2011, sold 31,000 shares, worth $2,199,100.
Henslee Gregory L: act as CEO & Co-President(Click HERE for the list of stocks that their CEOs have bought). On 11/11/2011, sold 20,000 shares, worth $1,561,000.
SEC data indicate that these institutions significantly reduced their stock shares of O’Reilly Automotive Inc. in Q3 2011:
DEUTSCHE BANK AG”,592385.0,755892.0,163507.0
FRIESS ASSOCIATES LLC”: On 06/30/2011, held 735,500 shares, worth $49,006,365. On 09/30/2011, held 0 shares.
GOODMAN & COMPANY, INVESTMENT COUNSEL LTD.: On 06/30/2011, held 518,951 shares, worth $34,577,705. On 09/30/2011, held 0 shares.
LATEEF INVESTMENT MANAGEMENT, L.P.: On 06/30/2011, held 432,746 shares, worth $28,833,866. On 09/30/2011, held 0 shares.
SCHRODER INVESTMENT MANAGEMENT GROUP: On 06/30/2011, held 377,805 shares, worth $25,173,147. On 09/30/2011, held 0 shares.
SIGMA CAPITAL MANAGEMENT LLC: On 06/30/2011, held 250,000 shares, worth $16,657,500. On 09/30/2011, held 0 shares.
