O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,482 shares of the specialty retailer’s stock after selling 38 shares during the period. Integrated Advisors Network LLC’s holdings in O’Reilly Automotive were worth $1,408,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ORLY. Norges Bank acquired a new stake in O’Reilly Automotive during the 4th quarter worth $671,384,000. International Assets Investment Management LLC lifted its stake in shares of O’Reilly Automotive by 89,319.3% in the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after acquiring an additional 652,924 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of O’Reilly Automotive by 269.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock worth $205,965,000 after acquiring an additional 158,075 shares during the period. Public Employees Retirement Association of Colorado lifted its stake in shares of O’Reilly Automotive by 4,574.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock worth $122,698,000 after acquiring an additional 126,382 shares during the period. Finally, TD Asset Management Inc lifted its stake in shares of O’Reilly Automotive by 148.1% in the 4th quarter. TD Asset Management Inc now owns 176,374 shares of the specialty retailer’s stock worth $167,569,000 after acquiring an additional 105,291 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several recent analyst reports. Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 14th. Wells Fargo & Company reduced their target price on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Truist Financial reduced their price objective on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a research note on Friday, April 26th. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Finally, Mizuho started coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective for the company. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,123.64.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY traded up $11.53 during mid-day trading on Friday, hitting $1,007.31. 539,056 shares of the company’s stock traded hands, compared to its average volume of 430,953. The firm’s 50 day simple moving average is $1,022.55 and its 200 day simple moving average is $1,027.58. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The company has a market cap of $59.32 billion, a PE ratio of 25.57, a price-to-earnings-growth ratio of 1.85 and a beta of 0.89.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $8.28 earnings per share. On average, research analysts expect that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at $726,740. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the sale, the director now owns 31,613 shares of the company’s stock, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

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.