Fairvoy Private Wealth LLC Makes New Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Fairvoy Private Wealth LLC acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 1,375 shares of the specialty retailer’s stock, valued at approximately $1,630,000.

Other large investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC bought a new stake in O’Reilly Automotive during the fourth quarter valued at about $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $32,000. Trifecta Capital Advisors LLC raised its stake in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in O’Reilly Automotive during the 3rd quarter valued at approximately $41,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated 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 completion of the sale, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,330.74 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The company has a market cap of $76.82 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 2.40 and a beta of 0.94. The business’s 50 day moving average price is $1,238.92 and its 200-day moving average price is $1,184.53.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ORLY shares. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Guggenheim increased their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a report on Friday, January 24th. Truist Financial lifted their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. BMO Capital Markets began coverage on O’Reilly Automotive in a research note on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price target for the company. Finally, BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $1,310.65.

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.