O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Litman Gregory Wealth Management LLC

Litman Gregory Wealth Management LLC reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,743 shares of the specialty retailer’s stock after selling 47 shares during the period. Litman Gregory Wealth Management LLC’s holdings in O’Reilly Automotive were worth $3,253,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at approximately $30,000. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive in the third quarter worth $32,000. Trifecta Capital Advisors LLC lifted its holdings in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in O’Reilly Automotive in the third quarter valued at $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter worth $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.2 %

NASDAQ ORLY opened at $1,294.42 on Friday. The business’s 50-day moving average price is $1,233.49 and its 200 day moving average price is $1,177.41. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,311.78. The company has a market capitalization of $74.73 billion, a PE ratio of 32.02, a price-to-earnings-growth ratio of 2.39 and a beta of 0.94.

Insider Transactions at O’Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ORLY. JPMorgan Chase & Co. increased their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. TD Cowen boosted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Barclays raised their price objective on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Finally, Wedbush reiterated a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Buy” and an average price target of $1,301.82.

About O’Reilly Automotive

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.