Crestmont Private Wealth LLC Takes $212,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Crestmont Private Wealth LLC bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 184 shares of the specialty retailer’s stock, valued at approximately $212,000.

Several other large investors also recently bought and sold shares of ORLY. Annex Advisory Services LLC boosted its stake in shares of O’Reilly Automotive by 6.1% in the 3rd quarter. Annex Advisory Services LLC now owns 27,609 shares of the specialty retailer’s stock valued at $31,795,000 after buying an additional 1,598 shares during the period. Ritholtz Wealth Management raised its holdings in O’Reilly Automotive by 1.4% in the third quarter. Ritholtz Wealth Management now owns 2,371 shares of the specialty retailer’s stock valued at $2,730,000 after acquiring an additional 33 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in O’Reilly Automotive by 38.5% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,033 shares of the specialty retailer’s stock worth $5,792,000 after acquiring an additional 1,400 shares during the last quarter. Strong Tower Advisory Services grew its holdings in O’Reilly Automotive by 6.1% during the 3rd quarter. Strong Tower Advisory Services now owns 522 shares of the specialty retailer’s stock worth $601,000 after acquiring an additional 30 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $214,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ORLY. DA Davidson boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Royal Bank of Canada cut their target price on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Bank of America upped their price target on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Finally, UBS Group cut their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a report on Thursday, July 18th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,166.79.

Insider Activity

In other O’Reilly Automotive news, Director Gregory D. Johnson sold 15,364 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the transaction, the director now owns 5,016 shares in the company, valued at approximately $5,698,978.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other O’Reilly Automotive news, Director Gregory D. Johnson sold 15,364 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now owns 5,016 shares in the company, valued at approximately $5,698,978.56. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 413 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,411 shares of company stock valued at $56,846,062. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,187.53 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,190.32. The stock has a market cap of $69.94 billion, a P/E ratio of 30.14, a P/E/G ratio of 2.24 and a beta of 0.92. The firm has a fifty day moving average price of $1,133.44 and a 200 day moving average price of $1,076.33.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). The business had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. O’Reilly Automotive’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company posted $10.22 EPS. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.1 EPS for the current fiscal year.

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.