O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 35.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,758 shares of the specialty retailer’s stock after selling 5,846 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in O’Reilly Automotive were worth $10,221,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Caprock Group LLC grew its position in shares of O’Reilly Automotive by 2.4% in the third quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock valued at $432,000 after purchasing an additional 11 shares during the period. Western Pacific Wealth Management LP boosted its stake in shares of O’Reilly Automotive by 11.6% in the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock worth $96,000 after acquiring an additional 11 shares during the last quarter. Sunbelt Securities Inc. increased its position in shares of O’Reilly Automotive by 2.4% during the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after purchasing an additional 11 shares in the last quarter. Atlas Brown Inc. raised its stake in O’Reilly Automotive by 2.8% in the 4th quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock valued at $380,000 after purchasing an additional 11 shares during the last quarter. Finally, TFG Advisers LLC lifted its holdings in O’Reilly Automotive by 5.1% in the 3rd quarter. TFG Advisers LLC now owns 248 shares of the specialty retailer’s stock valued at $225,000 after purchasing an additional 12 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares in the company, valued at approximately $1,000,200.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at $1,000,200.69. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,968 shares of company stock worth $27,269,333. Corporate insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on ORLY shares. Mizuho began coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price for the company. Truist Financial upped their price objective on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. UBS Group raised their target price on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Monday, March 25th. Finally, Wedbush increased their price target on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Four research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,102.53.

O’Reilly Automotive Trading Down 0.9 %

Shares of ORLY opened at $1,090.94 on Friday. The firm has a market capitalization of $64.40 billion, a PE ratio of 28.35, a P/E/G ratio of 2.00 and a beta of 0.86. The stock’s 50 day moving average is $1,093.98 and its two-hundred day moving average is $1,009.47. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $8.37 earnings per share. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 42.09 EPS for the current year.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.