Wealthspire Advisors LLC Has $854,000 Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Wealthspire Advisors LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 26.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 720 shares of the specialty retailer’s stock after acquiring an additional 152 shares during the quarter. Wealthspire Advisors LLC’s holdings in O’Reilly Automotive were worth $854,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ORLY. AlphaMark Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive during the third quarter worth approximately $32,000. Kestra Investment Management LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth approximately $32,000. MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive in the third quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of recent analyst reports. Barclays boosted their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday. Wedbush lifted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Finally, UBS Group increased their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $1,390.81.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $1,346.58 on Wednesday. The company has a market cap of $77.74 billion, a price-to-earnings ratio of 33.12, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The stock has a fifty day moving average price of $1,256.62 and a 200-day moving average price of $1,205.97.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at $988,000. This represents a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lawrence P. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $1,303.68, for a total value of $1,303,680.00. Following the completion of the transaction, the director now owns 135,377 shares in the company, valued at approximately $176,488,287.36. The trade was a 0.73 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,581 shares of company stock valued at $3,375,490. Company insiders own 1.55% of the company’s stock.

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.