Valmark Advisers Inc. Decreases Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Valmark Advisers Inc. lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 34.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 386 shares of the specialty retailer’s stock after selling 202 shares during the quarter. Valmark Advisers Inc.’s holdings in O’Reilly Automotive were worth $458,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. AlphaMark Advisors LLC purchased a new stake in O’Reilly Automotive during the 4th quarter valued at $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $32,000. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive in the third quarter worth about $37,000. Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive during the 3rd quarter valued at about $41,000. Finally, Retirement Wealth Solutions LLC purchased a new position in O’Reilly Automotive during the 4th quarter valued at about $46,000. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were 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. This represents a 46.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares of the company’s stock, valued at $364,375. This represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock worth $2,492,394 in the last three months. Insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ORLY. Evercore ISI lifted their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Wedbush lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. TD Cowen upped their price objective on shares of 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. UBS Group raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Trading Down 1.7 %

Shares of NASDAQ:ORLY opened at $1,295.82 on Wednesday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The stock has a market capitalization of $74.81 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 2.50 and a beta of 0.94. The stock has a fifty day simple moving average of $1,251.05 and a two-hundred day simple moving average of $1,197.80.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

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.