242 Shares in O'Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by Headinvest LLC

Headinvest LLC bought a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 242 shares of the specialty retailer's stock, valued at approximately $204,000.

Several other institutional investors have also recently made changes to their positions in ORLY. Cibc World Market Inc. grew its position in shares of O'Reilly Automotive by 305.4% during the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer's stock worth $2,213,000 after purchasing an additional 2,434 shares in the last quarter. Sei Investments Co. boosted its stake in O'Reilly Automotive by 51.3% during the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer's stock valued at $10,894,000 after buying an additional 5,376 shares during the last quarter. Prudential PLC bought a new position in O'Reilly Automotive during the first quarter valued at approximately $1,847,000. Cetera Investment Advisers boosted its stake in O'Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer's stock valued at $1,343,000 after buying an additional 644 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its stake in O'Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer's stock valued at $262,000 after buying an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 90.50% of the company's stock.

In other news, Chairman David E. Oreilly sold 5,000 shares of the business's stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $925.55, for a total value of $4,627,750.00. Following the completion of the transaction, the chairman now owns 56,757 shares of the company's stock, valued at approximately $52,531,441.35. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, EVP Thomas Mcfall sold 4,025 shares of O'Reilly Automotive stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $962.02, for a total value of $3,872,130.50. Following the completion of the transaction, the executive vice president now owns 5,901 shares in the company, valued at approximately $5,676,880.02. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman David E. Oreilly sold 5,000 shares of O'Reilly Automotive stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $925.55, for a total value of $4,627,750.00. Following the completion of the transaction, the chairman now owns 56,757 shares of the company's stock, valued at approximately $52,531,441.35. The disclosure for this sale can be found here. In the last 90 days, insiders sold 45,183 shares of company stock valued at $42,243,407. 1.55% of the stock is owned by company insiders.

A number of equities analysts recently commented on ORLY shares. Oppenheimer increased their price target on O'Reilly Automotive from $800.00 to $890.00 and gave the company an "outperform" rating in a research note on Friday, February 10th. Citigroup raised their price objective on O'Reilly Automotive from $893.00 to $916.00 in a research note on Friday, April 28th. Wells Fargo & Company raised their price objective on O'Reilly Automotive from $925.00 to $985.00 and gave the company an "overweight" rating in a research note on Monday, April 17th. Truist Financial raised their price objective on O'Reilly Automotive from $921.00 to $992.00 in a research note on Friday, April 28th. Finally, Wedbush raised their price objective on O'Reilly Automotive from $820.00 to $920.00 in a research note on Thursday, April 27th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $933.38.

ORLY traded up $4.72 on Friday, reaching $911.40. 109,639 shares of the stock were exchanged, compared to its average volume of 441,993. The company's 50-day moving average price is $910.47 and its 200 day moving average price is $856.20. O'Reilly Automotive, Inc. has a fifty-two week low of $580.01 and a fifty-two week high of $964.58. The firm has a market capitalization of $55.49 billion, a PE ratio of 26.20, a PEG ratio of 1.80 and a beta of 0.88.

O'Reilly Automotive (NASDAQ:ORLY - Get Rating) last issued its quarterly earnings results on Thursday, April 27th. The specialty retailer reported $8.28 EPS for the quarter, topping analysts' consensus estimates of $8.00 by $0.28. O'Reilly Automotive had a negative return on equity of 176.66% and a net margin of 14.90%. The company had revenue of $3.71 billion during the quarter, compared to analysts' expectations of $3.58 billion. During the same quarter in the previous year, the firm posted $7.17 EPS. The firm's revenue was up 12.5% compared to the same quarter last year. As a group, equities analysts forecast that O'Reilly Automotive, Inc. will post 37.16 earnings per share for the current fiscal year.

O'Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.

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