D.A. Davidson & CO. Purchases 124 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

D.A. Davidson & CO. lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,934 shares of the specialty retailer’s stock after acquiring an additional 124 shares during the period. D.A. Davidson & CO.’s holdings in O’Reilly Automotive were worth $3,379,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ORLY. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC grew its stake 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 buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $41,000. Finally, Kings Path Partners LLC purchased a new stake in shares of O’Reilly Automotive in the 2nd quarter worth approximately $44,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.0 %

ORLY stock opened at $1,244.01 on Friday. The business’s 50-day moving average price is $1,188.64 and its 200-day moving average price is $1,107.23. The stock has a market cap of $71.82 billion, a P/E ratio of 30.78, a PEG ratio of 2.51 and a beta of 0.92. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period last year, the company earned $10.72 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ORLY. Roth Mkm restated a “buy” rating and issued a $1,337.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Truist Financial increased their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Evercore ISI increased their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Barclays increased their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Finally, Bank of America increased their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,242.13.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive 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 sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction on 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 completion of the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by corporate insiders.

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.