Focus Financial Network Inc. Sells 8 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Focus Financial Network Inc. reduced its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 504 shares of the specialty retailer’s stock after selling 8 shares during the period. Focus Financial Network Inc.’s holdings in O’Reilly Automotive were worth $598,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Summit Trail Advisors LLC grew its holdings in shares of O’Reilly Automotive by 29.3% during the 4th quarter. Summit Trail Advisors LLC now owns 1,072 shares of the specialty retailer’s stock valued at $1,272,000 after purchasing an additional 243 shares during the last quarter. Sapient Capital LLC boosted its position in O’Reilly Automotive by 0.7% during the fourth quarter. Sapient Capital LLC now owns 28,419 shares of the specialty retailer’s stock valued at $33,699,000 after buying an additional 196 shares during the period. Arlington Trust Co LLC grew its stake in shares of O’Reilly Automotive by 3.4% during the fourth quarter. Arlington Trust Co LLC now owns 750 shares of the specialty retailer’s stock valued at $889,000 after buying an additional 25 shares during the last quarter. Soltis Investment Advisors LLC purchased a new position in shares of O’Reilly Automotive in the fourth quarter worth about $2,615,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $203,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on ORLY. Wedbush raised their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. BMO Capital Markets raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday. 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 report on Friday, February 7th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Finally, Royal Bank of Canada boosted their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average target price of $1,390.81.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on 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 sale, the director now owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,324.30 on Thursday. The firm has a market capitalization of $76.45 billion, a P/E ratio of 32.57, a P/E/G ratio of 2.50 and a beta of 0.94. The stock has a 50 day moving average price of $1,244.91 and a 200-day moving average price of $1,192.31. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data 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 negative return on equity of 166.88% and a net margin of 14.28%. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal 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.