O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Raised by CX Institutional

CX Institutional raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261 shares of the specialty retailer’s stock after acquiring an additional 25 shares during the quarter. CX Institutional’s holdings in O’Reilly Automotive were worth $309,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Scientech Research LLC increased its stake in O’Reilly Automotive by 8.6% in the 2nd quarter. Scientech Research LLC now owns 239 shares of the specialty retailer’s stock valued at $252,000 after buying an additional 19 shares during the period. Susquehanna Fundamental Investments LLC purchased a new position in shares of O’Reilly Automotive during the 2nd quarter valued at $1,584,000. SkyView Investment Advisors LLC increased its stake in shares of O’Reilly Automotive by 12.2% in the second quarter. SkyView Investment Advisors LLC now owns 848 shares of the specialty retailer’s stock worth $896,000 after acquiring an additional 92 shares during the last quarter. Ascent Group LLC raised its holdings in shares of O’Reilly Automotive by 6.2% during the second quarter. Ascent Group LLC now owns 3,394 shares of the specialty retailer’s stock worth $3,584,000 after acquiring an additional 199 shares in the last quarter. Finally, Copperwynd Financial LLC boosted its position in O’Reilly Automotive by 18.6% during the second quarter. Copperwynd Financial LLC now owns 2,024 shares of the specialty retailer’s stock valued at $2,280,000 after purchasing an additional 317 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,254.00 on Monday. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,283.96. The company has a fifty day moving average price of $1,225.18 and a 200 day moving average price of $1,169.49. The stock has a market cap of $72.39 billion, a P/E ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94.

Insider Transactions at O’Reilly Automotive

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

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ORLY shares. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Wells Fargo & Company raised their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Truist Financial raised their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, DA Davidson reiterated a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $1,295.94.

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.