YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Amid rising stock prices in 2018, O’Reilly Automotive Inc. (Nasdaq: ORLY) officers executed contractual rights to buy and sell shares.
O’Reilly Auto shares have risen from a Dec. 29 close of $240.54 to a new 52-week high of $279.23 set Jan. 25. That represents 16 percent growth, according to Nasdaq stock records. The company’s 52-week low is $169.43, and its shares were trading at $273.90 as of 9:32 a.m.
Company executives who recently made trades include Senior Vice President of Finance and Controller Jeremy Fletcher, who bought 10,000 shares at a set rate and sold them at market prices under the U.S. Securities and Exchange Commission’s transaction code M. Fletcher made $2.4 million off the Jan. 24 trading.
Fletcher on Jan. 19 and Jan. 5 made similar code M trades, netting $925,600 and $324,600, respectively, according to SEC filings.
Atop Jan. 3 trades that netted him $2.2 million, Jeffrey Groves, O’Reilly Auto’s senior vice president of legal and general counsel, on Jan. 19 executed his contractual code M rights to buy and sell 5,000 shares. He earned $1.2 million on the latest trades.
Springfield Business Journal previously reported on Co-President Jeff Shaw’s Jan. 3 trading that netted him $2.3 million, as well as Senior Vice President of Inventory Management Randy Johnson making $227,438 early this month.
A safe room and classroom addition at Willard Central Elementary School will be used by the music, arts and athletic programs for a district that had 4,536 students last year, according to Missouri Department of Elementary and Secondary Education figures, but school officials say enrollment is projected to grow.
