NorthCrest Asset Manangement LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 71.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,295 shares of the specialty retailer’s stock after buying an additional 1,371 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in O’Reilly Automotive were worth $2,797,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. D.A. Davidson & CO. boosted its stake in shares of O’Reilly Automotive by 0.7% in the first quarter. D.A. Davidson & CO. now owns 1,874 shares of the specialty retailer’s stock worth $1,591,000 after acquiring an additional 13 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of O’Reilly Automotive by 3.2% in the first quarter. Sequoia Financial Advisors LLC now owns 1,414 shares of the specialty retailer’s stock worth $1,200,000 after acquiring an additional 44 shares during the last quarter. Machina Capital S.A.S. acquired a new stake in shares of O’Reilly Automotive in the first quarter worth approximately $79,000. Linden Thomas Advisory Services LLC boosted its stake in shares of O’Reilly Automotive by 2.8% in the first quarter. Linden Thomas Advisory Services LLC now owns 3,009 shares of the specialty retailer’s stock worth $2,555,000 after acquiring an additional 82 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in shares of O’Reilly Automotive by 3.5% in the first quarter. Verdence Capital Advisors LLC now owns 357 shares of the specialty retailer’s stock worth $303,000 after acquiring an additional 12 shares during the last quarter. 85.08% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at O’Reilly Automotive
In other O’Reilly Automotive news, EVP Thomas Mcfall sold 20,849 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $926.96, for a total transaction of $19,326,189.04. Following the sale, the executive vice president now owns 5,901 shares in the company, valued at approximately $5,469,990.96. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 5,000 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $925.55, for a total transaction of $4,627,750.00. Following the sale, the chairman now owns 56,757 shares in the company, valued at approximately $52,531,441.35. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Thomas Mcfall sold 20,849 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $926.96, for a total value of $19,326,189.04. Following the sale, the executive vice president now owns 5,901 shares in the company, valued at approximately $5,469,990.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,183 shares of company stock worth $42,243,407. 1.55% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
O’Reilly Automotive Trading Down 1.0 %
ORLY stock opened at $934.47 on Monday. The company has a market capitalization of $56.89 billion, a PE ratio of 27.01, a P/E/G ratio of 1.91 and a beta of 0.88. O’Reilly Automotive, Inc. has a 12-month low of $647.54 and a 12-month high of $964.58. The business’s fifty day moving average price is $929.12 and its 200 day moving average price is $870.21.
O’Reilly Automotive (NASDAQ:ORLY – Free Report) last posted its quarterly earnings data on Thursday, April 27th. The specialty retailer reported $8.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.00 by $0.28. The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.58 billion. O’Reilly Automotive had a negative return on equity of 176.66% and a net margin of 14.90%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.17 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 37.22 EPS for the current fiscal year.
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 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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