Rosenberg Matthew Hamilton boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 21.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 170 shares of the specialty retailer’s stock after purchasing an additional 30 shares during the period. Rosenberg Matthew Hamilton’s holdings in O’Reilly Automotive were worth $202,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of ORLY. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $32,000. Trifecta Capital Advisors LLC raised its position 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 during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $41,000. Finally, Kieckhefer Group LLC purchased a new position in shares of O’Reilly Automotive during the fourth quarter valued at approximately $59,000. 85.00% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.
O’Reilly Automotive Stock Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the business earned $10.72 EPS. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.
Analyst Ratings Changes
A number of brokerages recently commented on ORLY. Evercore ISI raised their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada raised their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. DA Davidson reissued a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Morgan Stanley lifted their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research report on Thursday, October 24th. Three 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,270.69.
Read Our Latest Report on O’Reilly Automotive
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.
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