Transcend Capital Advisors LLC lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 12.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 591 shares of the specialty retailer’s stock after selling 85 shares during the quarter. Transcend Capital Advisors LLC’s holdings in O’Reilly Automotive were worth $502,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Meritage Portfolio Management bought a new position in O’Reilly Automotive during the fourth quarter valued at about $6,399,000. Diversified Trust Co grew its position in O’Reilly Automotive by 75.5% during the first quarter. Diversified Trust Co now owns 951 shares of the specialty retailer’s stock valued at $807,000 after buying an additional 409 shares during the period. Brinker Capital Investments LLC grew its position in O’Reilly Automotive by 2.1% during the fourth quarter. Brinker Capital Investments LLC now owns 786 shares of the specialty retailer’s stock valued at $663,000 after buying an additional 16 shares during the period. M&G Investment Management Ltd. purchased a new stake in O’Reilly Automotive during the fourth quarter valued at about $205,000. Finally, First Republic Investment Management Inc. lifted its holdings in O’Reilly Automotive by 43.7% during the fourth quarter. First Republic Investment Management Inc. now owns 22,837 shares of the specialty retailer’s stock valued at $19,275,000 after purchasing an additional 6,946 shares during the last quarter. Institutional investors own 85.08% of the company’s stock.
O’Reilly Automotive Price Performance
Shares of ORLY opened at $924.76 on Friday. The firm’s 50 day simple moving average is $921.72 and its 200 day simple moving average is $861.57. The company has a market capitalization of $56.30 billion, a P/E ratio of 26.73, a P/E/G ratio of 1.89 and a beta of 0.88. O’Reilly Automotive, Inc. has a 1-year low of $624.85 and a 1-year high of $964.58.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 740 shares of the stock in a transaction that occurred on Friday, April 14th. The shares were sold at an average price of $890.00, for a total transaction of $658,600.00. Following the transaction, the senior vice president now directly owns 773 shares in the company, valued at $687,970. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 740 shares of the stock in a transaction that occurred on Friday, April 14th. The shares were sold at an average price of $890.00, for a total transaction of $658,600.00. Following the transaction, the senior vice president now directly owns 773 shares in the company, valued at $687,970. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas Mcfall sold 4,025 shares of the stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $962.02, for a total transaction of $3,872,130.50. Following the transaction, the executive vice president now owns 5,901 shares in the company, valued at $5,676,880.02. The disclosure for this sale can be found here. Insiders have sold 45,183 shares of company stock worth $42,243,407 over the last ninety days. Insiders own 1.55% of the company’s stock.
Analyst Ratings Changes
ORLY has been the topic of several recent research reports. StockNews.com downgraded shares of O’Reilly Automotive from a “strong-buy” rating to a “buy” rating in a report on Wednesday. 1-800-FLOWERS.COM reaffirmed a “maintains” rating on shares of O’Reilly Automotive in a report on Friday, April 28th. Roth Mkm upped their price objective on shares of O’Reilly Automotive from $940.00 to $995.00 and gave the company a “buy” rating in a report on Friday, May 12th. Barclays upped their price objective on shares of O’Reilly Automotive from $815.00 to $868.00 in a report on Monday, May 1st. Finally, Wells Fargo & Company increased their price target on shares of O’Reilly Automotive from $925.00 to $985.00 and gave the stock an “overweight” rating in a report on Monday, April 17th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $933.38.
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 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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