Sapient Capital LLC Decreases Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sapient Capital LLC cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,223 shares of the specialty retailer’s stock after selling 2,186 shares during the quarter. Sapient Capital LLC’s holdings in O’Reilly Automotive were worth $32,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP boosted its position in O’Reilly Automotive by 65.3% during the 4th quarter. Quarry LP now owns 81 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 32 shares during the period. Syon Capital LLC boosted its holdings in O’Reilly Automotive by 27.7% in the fourth quarter. Syon Capital LLC now owns 659 shares of the specialty retailer’s stock valued at $626,000 after acquiring an additional 143 shares in the last quarter. Wellington Management Group LLP increased its position in O’Reilly Automotive by 656.2% during the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after purchasing an additional 397,108 shares during the period. SageView Advisory Group LLC bought a new position in O’Reilly Automotive in the 4th quarter worth $505,000. Finally, Sivia Capital Partners LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $252,000. 85.00% of the stock is currently owned by institutional investors.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction dated 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 transaction, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Chairman Gregory L. Henslee sold 18,264 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the transaction, the chairman now directly owns 13,347 shares of the company’s stock, valued at $15,049,409.85. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Gregory D. Johnson sold 15,364 shares of O’Reilly Automotive stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the completion of the sale, the director now directly owns 5,016 shares of the company’s stock, valued at $5,698,978.56. 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 valued at $56,846,062 over the last ninety days. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Up 1.4 %

NASDAQ:ORLY opened at $1,187.53 on Monday. The stock has a market cap of $69.94 billion, a price-to-earnings ratio of 30.14, a PEG ratio of 2.24 and a beta of 0.92. The company’s 50 day moving average price is $1,133.44 and its 200-day moving average price is $1,075.91. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,190.32.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS 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 analysts’ expectations of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $10.22 earnings per share. As a group, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.1 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on ORLY shares. Royal Bank of Canada lowered their price objective on shares of 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. Bank of America lifted their price target on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. UBS Group decreased their price objective on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Finally, DA Davidson increased their price target 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. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,166.79.

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.