Centricity Wealth Management LLC Purchases Shares of 41 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Centricity Wealth Management LLC acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 41 shares of the specialty retailer’s stock, valued at approximately $49,000.

Several other institutional investors have also modified their holdings of the stock. AlphaMark Advisors LLC acquired a new stake 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 during the third quarter worth about $32,000. Kestra Investment Management LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $32,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.7 %

NASDAQ:ORLY opened at $1,303.41 on Friday. The firm’s fifty day simple moving average is $1,253.69 and its 200-day simple moving average is $1,201.75. The stock has a market cap of $75.25 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 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%. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 44.01 earnings per share for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction 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 sale, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares of the company’s stock, valued at approximately $988,000. This represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,201 shares of company stock worth $2,840,852 in the last quarter. Company insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of research reports. Barclays boosted their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. UBS Group upped their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Finally, DA Davidson boosted their price target on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, O’Reilly Automotive has a consensus rating of “Buy” and an average target price of $1,390.81.

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.