O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 22.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 629 shares of the specialty retailer’s stock after purchasing an additional 116 shares during the quarter. GAMMA Investing LLC’s holdings in O’Reilly Automotive were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in ORLY. Norges Bank acquired a new position in O’Reilly Automotive in the 4th quarter worth approximately $671,384,000. Wellington Management Group LLP boosted its stake in O’Reilly Automotive by 656.2% in the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after purchasing an additional 397,108 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of O’Reilly Automotive by 56.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after buying an additional 376,167 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of O’Reilly Automotive by 15.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,406,513 shares of the specialty retailer’s stock valued at $1,587,784,000 after buying an additional 183,296 shares during the period. Finally, Public Employees Retirement Association of Colorado boosted its stake in shares of O’Reilly Automotive by 4,574.1% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock valued at $122,698,000 after buying an additional 126,382 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 2.9 %

Shares of O’Reilly Automotive stock traded down $33.28 on Monday, hitting $1,103.74. The stock had a trading volume of 248,979 shares, compared to its average volume of 398,174. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The stock has a market cap of $65.00 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.15 and a beta of 0.92. The stock’s 50-day simple moving average is $1,035.57 and its two-hundred day simple moving average is $1,053.53.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the business posted $10.22 EPS. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 41.14 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other news, insider Philip M. Hopper 1,023 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the transaction, the senior vice president now owns 265 shares of the company’s stock, valued at approximately $296,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Philip M. Hopper 1,023 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The disclosure for this trade can be found here. Insiders sold a total of 35,541 shares of company stock worth $39,936,345 in the last three months. 1.55% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ORLY shares. Wells Fargo & Company cut their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Evercore ISI dropped their target price on shares of O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating on the stock in a report on Tuesday, July 16th. Truist Financial lifted their target price on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, DA Davidson lifted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average target price of $1,130.67.

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.