Gradient Investments LLC Sells 39 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Gradient Investments LLC decreased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.5% during the 4th quarter, Holdings Channel reports. The firm owned 2,525 shares of the specialty retailer’s stock after selling 39 shares during the period. Gradient Investments LLC’s holdings in O’Reilly Automotive were worth $2,994,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORLY. Daymark Wealth Partners LLC grew its position in shares of O’Reilly Automotive by 20.2% in the 2nd quarter. Daymark Wealth Partners LLC now owns 428 shares of the specialty retailer’s stock valued at $452,000 after acquiring an additional 72 shares during the period. MBB Public Markets I LLC bought a new position in O’Reilly Automotive during the second quarter worth about $4,588,000. Legal & General Group Plc increased its position in O’Reilly Automotive by 5.2% during the second quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock worth $524,629,000 after buying an additional 24,767 shares during the last quarter. Scientech Research LLC increased its position in O’Reilly Automotive by 8.6% during the second quarter. Scientech Research LLC now owns 239 shares of the specialty retailer’s stock worth $252,000 after buying an additional 19 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in O’Reilly Automotive in the second quarter valued at approximately $1,584,000. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. Royal Bank of Canada boosted their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Guggenheim raised their target price on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Friday. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $1,295.94.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Trading Down 0.6 %

Shares of O’Reilly Automotive stock opened at $1,254.00 on Friday. The company has a 50 day moving average of $1,225.18 and a 200-day moving average of $1,168.42. The company has a market cap of $72.39 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the business posted $10.72 EPS. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts forecast that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current year.

O’Reilly Automotive Profile

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.