Whipplewood Advisors LLC purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 47 shares of the specialty retailer’s stock, valued at approximately $56,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of ORLY. AlphaMark Advisors LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Kestra Investment Management LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the 3rd quarter worth approximately $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
NASDAQ ORLY opened at $1,373.64 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,378.76. The firm has a market cap of $79.30 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 2.34 and a beta of 0.94. The company has a fifty day moving average price of $1,264.60 and a 200-day moving average price of $1,209.61.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on ORLY. Wedbush lifted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research note on Thursday, February 6th. UBS Group lifted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. DA Davidson lifted their price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Mizuho lifted their price objective on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company lifted their price objective on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,390.81.
Read Our Latest Stock Report on ORLY
Insider Transactions at O’Reilly Automotive
In related news, Director Andrea Weiss sold 248 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total value of $325,185.04. Following the transaction, the director now directly owns 452 shares of the company’s stock, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the completion of the transaction, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock worth $10,409,618 in the last quarter. 1.55% of the stock is currently owned by corporate insiders.
O’Reilly Automotive Company 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.
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