O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.0% during the fourth quarter, Holdings Channel reports. The fund owned 449 shares of the specialty retailer’s stock after selling 9 shares during the quarter. Signal Advisors Wealth LLC’s holdings in O’Reilly Automotive were worth $532,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive in the 3rd quarter valued at about $32,000. Trifecta Capital Advisors LLC raised its position in shares of 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 buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive during the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive during the third quarter worth approximately $41,000. Finally, Kieckhefer Group LLC purchased a new stake in O’Reilly Automotive in the 4th quarter worth approximately $59,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,204.33 on Wednesday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,283.96. The business’s 50-day moving average is $1,224.54 and its two-hundred day moving average is $1,158.85. The firm has a market capitalization of $69.53 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $10.72 earnings per share. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Activity

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s 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 $6,201.95. The trade was 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.

Analyst Ratings Changes

A number of research analysts have weighed in on ORLY shares. DA Davidson reissued a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Wedbush reiterated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Finally, Evercore ISI boosted their target price on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,270.69.

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.