O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Decreased by Shaker Investments LLC OH

Shaker Investments LLC OH lowered its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,977 shares of the specialty retailer’s stock after selling 23 shares during the period. O’Reilly Automotive comprises about 1.5% of Shaker Investments LLC OH’s investment portfolio, making the stock its 24th biggest holding. Shaker Investments LLC OH’s holdings in O’Reilly Automotive were worth $3,530,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive during the 4th quarter valued at about $30,000. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC raised its stake in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive during the 3rd quarter worth $37,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive in the third quarter worth $41,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Barclays lifted their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday. TD Cowen boosted their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Guggenheim raised their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research report on Friday. Wells Fargo & Company raised their target price 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. Finally, StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $1,390.81.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,310.02 on Tuesday. The business has a 50 day simple moving average of $1,242.12 and a 200 day simple moving average of $1,189.28. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27. The company has a market capitalization of $75.63 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

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, 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.