O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Reduced by Louisbourg Investments Inc.

Louisbourg Investments Inc. decreased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89 shares of the specialty retailer’s stock after selling 20 shares during the period. Louisbourg Investments Inc.’s holdings in O’Reilly Automotive were worth $106,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ORLY. AlphaMark Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth approximately $30,000. Darwin Wealth Management LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC lifted its holdings in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Finally, Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $41,000. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

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

Wall Street Analyst Weigh In

ORLY has been the topic of several recent research reports. 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 report on Tuesday, January 28th. DA Davidson raised their target price on 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. Mizuho raised their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. JPMorgan Chase & Co. raised their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Stock Up 1.1 %

Shares of O’Reilly Automotive stock opened at $1,323.94 on Wednesday. The stock has a market cap of $76.43 billion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The business has a fifty day simple moving average of $1,244.91 and a 200-day simple moving average of $1,192.31. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate 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%. Analysts expect that O’Reilly Automotive, Inc. will post 44.16 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.