Crew Capital Management Ltd. Purchases 445 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Crew Capital Management Ltd. increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 206.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 661 shares of the specialty retailer’s stock after purchasing an additional 445 shares during the quarter. Crew Capital Management Ltd.’s holdings in O’Reilly Automotive were worth $784,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth $30,000. Kestra Investment Management LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth $32,000. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive during the third quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive during the third quarter worth $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth $46,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Down 1.4 %

O’Reilly Automotive stock opened at $1,356.77 on Wednesday. The business’s 50-day simple moving average is $1,270.67 and its 200 day simple moving average is $1,214.35. The stock has a market cap of $78.33 billion, a price-to-earnings ratio of 33.37, a P/E/G ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,389.05.

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, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insiders Place Their Bets

In other O’Reilly Automotive news, EVP Jason Lee Tarrant sold 1,992 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the transaction, the executive vice president now owns 1,398 shares in the company, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the transaction, the chief executive officer now owns 760 shares in the company, valued at approximately $988,000. This trade represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,894 shares of company stock worth $10,409,618. Insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

ORLY has been the subject of several recent analyst reports. UBS Group increased their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Evercore ISI increased 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 note on Tuesday, December 3rd. Wells Fargo & Company raised their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. DA Davidson raised their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,390.81.

O’Reilly Automotive Company 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.