O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,883 shares of the specialty retailer’s stock after acquiring an additional 31 shares during the period. DAVENPORT & Co LLC owned about 0.14% of O’Reilly Automotive worth $96,904,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of ORLY. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at about $32,000. Trifecta Capital Advisors LLC grew its position in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive during the third quarter worth about $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth approximately $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 1.2 %

NASDAQ ORLY opened at $1,294.42 on Friday. The business’s 50-day moving average price is $1,233.49 and its 200 day moving average price is $1,177.41. The firm has a market cap of $74.73 billion, a P/E ratio of 32.02, a P/E/G ratio of 2.39 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,311.78.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of recent research reports. Truist Financial lifted their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Evercore ISI raised their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, Barclays upped their price objective on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $1,301.82.

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.