170 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 170 shares of the specialty retailer’s stock, valued at approximately $202,000.

A number of other large investors have also added to or reduced their stakes in ORLY. Wellington Management Group LLP grew its holdings in shares of O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after purchasing an additional 728,040 shares in the last quarter. Proficio Capital Partners LLC lifted its position in O’Reilly Automotive by 205,600.0% during the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock valued at $597,602,000 after purchasing an additional 503,720 shares during the last quarter. Mizuho Securities USA LLC grew its stake in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after buying an additional 482,670 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth about $208,248,000. Finally, Massachusetts Financial Services Co. MA raised its position in shares of O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after buying an additional 133,139 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, EVP Jason Lee Tarrant sold 1,992 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the sale, the executive vice president now owns 1,398 shares of the company’s stock, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. The trade was a 64.52 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,894 shares of company stock valued at $10,409,618. Company insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Down 1.1 %

Shares of NASDAQ:ORLY opened at $1,309.29 on Thursday. The business’s 50 day moving average is $1,286.52 and its 200 day moving average is $1,222.22. The stock has a market cap of $74.99 billion, a P/E ratio of 32.20, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Guggenheim reissued a “buy” rating and set a $1,475.00 target price on shares of O’Reilly Automotive in a research report on Monday. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. DA Davidson boosted their price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Barclays increased their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

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.