231 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Bought by Savvy Advisors Inc.

Savvy Advisors Inc. acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 231 shares of the specialty retailer’s stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Trifecta Capital Advisors LLC grew its holdings 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 in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive in the third quarter worth $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive during the first quarter valued at $43,000. Kings Path Partners LLC bought a new stake in shares of O’Reilly Automotive during the second quarter valued at about $44,000. Finally, ORG Partners LLC acquired a new stake in O’Reilly Automotive in the second quarter worth about $48,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.2 %

ORLY stock opened at $1,238.78 on Thursday. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,252.54. The firm has a 50-day moving average of $1,165.19 and a two-hundred day moving average of $1,091.11. The firm has a market capitalization of $71.51 billion, a PE ratio of 30.65, a P/E/G ratio of 2.51 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter last year, the company posted $10.72 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.81 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In related news, Director Lawrence P. Oreilly sold 13,765 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at approximately $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Lawrence P. Oreilly sold 13,765 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at approximately $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the sale, the chairman now owns 183,583 shares of the company’s stock, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,322 shares of company stock valued at $18,280,698 over the last quarter. Company insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on ORLY. Bank of America raised their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. TD Cowen boosted their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Wedbush restated a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. UBS Group dropped their price objective on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Finally, BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,242.13.

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.