WoodTrust Financial Corp decreased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,488 shares of the specialty retailer’s stock after selling 8 shares during the quarter. WoodTrust Financial Corp’s holdings in O’Reilly Automotive were worth $1,765,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in the stock. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter valued at $30,000. Kestra Investment Management LLC purchased a new position in O’Reilly Automotive in the 4th quarter valued at about $32,000. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive in the 3rd quarter valued at about $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $37,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of O’Reilly Automotive during the fourth quarter worth about $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.
O’Reilly Automotive Trading Down 1.4 %
Shares of ORLY stock opened at $1,356.77 on Wednesday. The company has a market cap of $78.33 billion, a PE ratio of 33.37, a P/E/G ratio of 2.34 and a beta of 0.94. The company’s fifty day simple moving average is $1,270.67 and its 200-day simple moving average is $1,214.35. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05.
Insider Buying and Selling
In related news, EVP Jason Lee Tarrant sold 1,992 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the sale, the executive vice president now owns 1,398 shares of the company’s stock, valued at $1,872,061.80. The trade was a 58.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares in the company, valued at $988,000. This represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.55% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on ORLY. DA Davidson upped their price objective on shares of 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. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Wedbush lifted their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Finally, Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,390.81.
Check Out Our Latest Stock Analysis on ORLY
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.
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