Geneos Wealth Management Inc. cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 27.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78 shares of the specialty retailer’s stock after selling 30 shares during the quarter. Geneos Wealth Management Inc.’s holdings in O’Reilly Automotive were worth $66,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Moloney Securities Asset Management LLC boosted its position in shares of O’Reilly Automotive by 228.0% during the fourth quarter. Moloney Securities Asset Management LLC now owns 1,322 shares of the specialty retailer’s stock valued at $1,116,000 after buying an additional 919 shares during the last quarter. New York State Common Retirement Fund boosted its position in shares of O’Reilly Automotive by 0.5% during the fourth quarter. New York State Common Retirement Fund now owns 86,728 shares of the specialty retailer’s stock valued at $73,201,000 after buying an additional 418 shares during the last quarter. Paragon Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the fourth quarter valued at $857,000. Lester Murray Antman dba SimplyRich purchased a new stake in shares of O’Reilly Automotive during the fourth quarter valued at $212,000. Finally, Howland Capital Management LLC boosted its position in shares of O’Reilly Automotive by 487.5% during the fourth quarter. Howland Capital Management LLC now owns 10,398 shares of the specialty retailer’s stock valued at $8,776,000 after buying an additional 8,628 shares during the last quarter. 90.50% of the stock is currently owned by institutional investors.
O’Reilly Automotive Stock Up 0.6 %
NASDAQ ORLY opened at $897.28 on Tuesday. The stock’s 50-day moving average price is $838.59 and its 200-day moving average price is $817.67. The company has a market capitalization of $55.48 billion, a P/E ratio of 26.79, a price-to-earnings-growth ratio of 1.88 and a beta of 0.88. O’Reilly Automotive, Inc. has a 52 week low of $562.90 and a 52 week high of $904.55.
Insider Activity at O’Reilly Automotive
In related news, SVP Jeffrey Alan Lauro sold 500 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, February 24th. The stock was sold at an average price of $834.31, for a total transaction of $417,155.00. Following the sale, the senior vice president now owns 768 shares of the company’s stock, valued at approximately $640,750.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.55% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
ORLY has been the topic of several recent analyst reports. Barclays initiated coverage on O’Reilly Automotive in a research report on Tuesday, February 7th. They set an “equal weight” rating and a $815.00 price objective on the stock. Wedbush reissued a “neutral” rating and issued a $820.00 target price on shares of O’Reilly Automotive in a research report on Thursday, February 9th. Morgan Stanley raised their target price on O’Reilly Automotive from $780.00 to $830.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 17th. Stephens reissued an “overweight” rating and issued a $900.00 target price on shares of O’Reilly Automotive in a research report on Thursday, February 9th. Finally, Truist Financial raised their target price on O’Reilly Automotive from $892.00 to $921.00 and gave the stock a “buy” rating in a research report on Friday, February 10th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $863.60.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.
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