ABC Arbitrage SA Buys Shares of 1,157 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

ABC Arbitrage SA bought a new stake 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 and Exchange Commission. The firm bought 1,157 shares of the specialty retailer’s stock, valued at approximately $1,372,000.

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ORLY. Barclays raised their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, UBS Group raised 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 report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Trading Down 1.3 %

ORLY opened at $1,318.80 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The firm has a market capitalization of $76.13 billion, a PE ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.94. The firm has a 50 day moving average of $1,249.77 and a two-hundred day moving average of $1,195.62.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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, analysts predict that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Insider Activity

In related news, Director Maria Sastre sold 248 shares of the business’s stock in a transaction 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 completion of the sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. The trade was a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock valued at $2,492,394 in the last three months. 1.55% 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.