ETF Store Inc. Sells 102 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

ETF Store Inc. reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 709 shares of the specialty retailer’s stock after selling 102 shares during the quarter. O’Reilly Automotive comprises 1.0% of ETF Store Inc.’s holdings, making the stock its 24th biggest position. ETF Store Inc.’s holdings in O’Reilly Automotive were worth $841,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC raised its holdings in O’Reilly Automotive by 8.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC raised its holdings in O’Reilly Automotive by 0.5% during the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after purchasing an additional 9 shares during the last quarter. L.M. Kohn & Company raised its holdings in O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after purchasing an additional 9 shares during the last quarter. Advisory Alpha LLC raised its holdings in O’Reilly Automotive by 4.4% during the 4th quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock worth $255,000 after purchasing an additional 9 shares during the last quarter. Finally, Catalina Capital Group LLC raised its holdings in O’Reilly Automotive by 3.6% during the 4th quarter. Catalina Capital Group LLC now owns 262 shares of the specialty retailer’s stock worth $311,000 after purchasing an additional 9 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several analyst reports. Royal Bank of Canada boosted their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Evercore ISI boosted their target price 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. Mizuho boosted their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Guggenheim restated a “buy” rating and set a $1,475.00 target price on shares of O’Reilly Automotive in a research report on Monday. Finally, Barclays boosted their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Down 1.5 %

Shares of ORLY opened at $1,289.49 on Friday. The stock has a market capitalization of $73.85 billion, a P/E ratio of 31.71, a P/E/G ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05. The company has a 50 day moving average of $1,288.56 and a 200-day moving average of $1,222.68.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate 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%. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 500 shares of the 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 value 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 approximately $364,375. This represents a 64.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maria Sastre sold 248 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock valued at $10,409,618 in the last ninety days. 1.18% of the stock is currently owned by corporate insiders.

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.