Custom Index Systems LLC Purchases 38 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Custom Index Systems LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 964 shares of the specialty retailer’s stock after purchasing an additional 38 shares during the period. Custom Index Systems LLC’s holdings in O’Reilly Automotive were worth $1,143,000 at the end of the most recent reporting period.

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

O’Reilly Automotive Trading Down 1.2 %

Shares of O’Reilly Automotive stock opened at $1,294.42 on Friday. The business has a 50-day moving average price of $1,232.15 and a two-hundred day moving average price of $1,175.66. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,311.78. The company has a market cap of $74.73 billion, a P/E ratio of 32.02, a PEG ratio of 2.39 and a beta of 0.94.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated 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 sale, the director now directly 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. 1.55% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ORLY has been the subject of several research reports. Barclays increased their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. JPMorgan Chase & Co. boosted their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Finally, BMO Capital Markets initiated coverage on O’Reilly Automotive in a research note on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price target on the stock. Two 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 has an average rating of “Buy” and a consensus target price of $1,301.82.

O’Reilly Automotive Company 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.