Golden State Equity Partners Buys 340 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Golden State Equity Partners grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 223.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 492 shares of the specialty retailer’s stock after purchasing an additional 340 shares during the quarter. Golden State Equity Partners’ holdings in O’Reilly Automotive were worth $583,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ORLY. Asset Dedication LLC lifted its stake in O’Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock valued at $178,000 after purchasing an additional 9 shares during the last quarter. Marks Group Wealth Management Inc lifted its stake in O’Reilly Automotive by 1.5% in the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after purchasing an additional 9 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC lifted its stake in O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company lifted its stake in O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ORLY. TD Cowen raised their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Roth Mkm restated a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Finally, Wells Fargo & Company raised their price objective on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, O’Reilly Automotive presently has an average rating of “Buy” and a consensus price target of $1,301.82.

O’Reilly Automotive Trading Down 1.2 %

NASDAQ ORLY opened at $1,294.42 on Monday. 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 50 day moving average of $1,233.49 and a 200-day moving average of $1,178.34. The company has a market cap of $74.73 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 2.40 and a beta of 0.94.

Insider Activity at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred 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 transaction, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade 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 currently owned by 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.