O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,169 shares of the specialty retailer’s stock after selling 55 shares during the quarter. Valeo Financial Advisors LLC’s holdings in O’Reilly Automotive were worth $1,346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of O’Reilly Automotive by 38.5% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,033 shares of the specialty retailer’s stock worth $5,792,000 after purchasing an additional 1,400 shares during the period. Strong Tower Advisory Services grew its holdings in O’Reilly Automotive by 6.1% in the 3rd quarter. Strong Tower Advisory Services now owns 522 shares of the specialty retailer’s stock worth $601,000 after buying an additional 30 shares in the last quarter. Franklin Street Advisors Inc. NC bought a new position in O’Reilly Automotive in the 3rd quarter worth approximately $214,000. Tobam grew its holdings in O’Reilly Automotive by 40.7% in the 3rd quarter. Tobam now owns 121 shares of the specialty retailer’s stock worth $139,000 after buying an additional 35 shares in the last quarter. Finally, Wedmont Private Capital grew its holdings in O’Reilly Automotive by 4.8% in the 3rd quarter. Wedmont Private Capital now owns 888 shares of the specialty retailer’s stock worth $1,022,000 after buying an additional 41 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Truist Financial increased their price objective on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Royal Bank of Canada decreased their price objective on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a report on Friday, July 26th. Evercore ISI increased their price objective on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. UBS Group decreased their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research note on Thursday, July 18th. Finally, Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,166.79.

Insider Activity

In other news, Director Dana Perlman sold 48 shares of the company’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the transaction, the director now owns 1,097 shares in the company, valued at $1,217,406.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the completion of the sale, the chairman now owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dana Perlman sold 48 shares of the business’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the sale, the director now directly owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock worth $56,846,062 in the last 90 days. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 1.4 %

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

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

O’Reilly Automotive Company 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.