O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Reduced by Headlands Technologies LLC

Headlands Technologies LLC cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 51.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,979 shares of the specialty retailer’s stock after selling 2,058 shares during the quarter. Headlands Technologies LLC’s holdings in O’Reilly Automotive were worth $1,880,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Groesbeck Investment Management Corp NJ raised its holdings in O’Reilly Automotive by 0.7% during the 4th quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock worth $1,306,000 after buying an additional 10 shares during the period. Lindbrook Capital LLC raised its holdings in O’Reilly Automotive by 3.9% during the 4th quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock worth $251,000 after buying an additional 10 shares during the period. Caprock Group LLC raised its holdings in O’Reilly Automotive by 2.4% during the 3rd quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after buying an additional 11 shares during the period. Western Pacific Wealth Management LP raised its holdings in O’Reilly Automotive by 11.6% during the 3rd quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock worth $96,000 after buying an additional 11 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in O’Reilly Automotive by 2.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after buying an additional 11 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Chairman David E. Oreilly sold 6,444 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffrey Alan Lauro sold 431 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the transaction, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock valued at $27,269,333 over the last 90 days. 1.55% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have issued reports on ORLY. Royal Bank of Canada boosted their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research note on Thursday. UBS Group lifted their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Mizuho started coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average target price of $1,106.31.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,043.93 on Friday. The stock has a market cap of $61.62 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 1.91 and a beta of 0.86. The business has a 50 day simple moving average of $1,097.20 and a 200 day simple moving average of $1,016.19. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The firm had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $8.28 earnings per share. On average, analysts predict that O’Reilly Automotive, Inc. will post 41.79 EPS for the current 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.