Inceptionr LLC Purchases 862 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Inceptionr LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 168.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,374 shares of the specialty retailer’s stock after purchasing an additional 862 shares during the period. Inceptionr LLC’s holdings in O’Reilly Automotive were worth $1,629,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. AlphaMark Advisors LLC bought a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $30,000. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive in the third quarter valued at approximately $32,000. Kestra Investment Management LLC bought a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive in the third quarter valued at approximately $37,000. Finally, Retirement Wealth Solutions LLC bought a new stake in O’Reilly Automotive in the fourth quarter valued at approximately $46,000. 85.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ORLY has been the topic of several analyst reports. Barclays upped their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. UBS Group upped their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Evercore ISI increased their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. BMO Capital Markets increased their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Finally, Wells Fargo & Company increased their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, fourteen 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 “Moderate Buy” and an average target price of $1,390.81.

O’Reilly Automotive Stock Down 1.3 %

NASDAQ:ORLY opened at $1,339.67 on Thursday. The business’s 50-day moving average price is $1,273.03 and its two-hundred day moving average price is $1,215.23. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05. The stock has a market cap of $77.34 billion, a P/E ratio of 32.95, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, Chairman Gregory L. Henslee sold 3,073 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the transaction, the chairman now directly owns 11,397 shares of the company’s stock, valued at approximately $14,988,764.55. This trade represents a 21.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the transaction, the chief executive officer now directly owns 760 shares in the company, valued at approximately $988,000. This represents a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.55% of the company’s stock.

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.