Toth Financial Advisory Corp trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,438 shares of the specialty retailer’s stock after selling 15 shares during the period. Toth Financial Advisory Corp’s holdings in O’Reilly Automotive were worth $5,263,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of ORLY. Linden Thomas Advisory Services LLC lifted its holdings in shares of O’Reilly Automotive by 8.0% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 2,846 shares of the specialty retailer’s stock worth $3,375,000 after acquiring an additional 212 shares during the period. Cyndeo Wealth Partners LLC increased its stake in shares of O’Reilly Automotive by 6.1% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 2,661 shares of the specialty retailer’s stock valued at $3,155,000 after purchasing an additional 153 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of O’Reilly Automotive by 320.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 3,591 shares of the specialty retailer’s stock worth $4,258,000 after buying an additional 2,736 shares in the last quarter. CX Institutional lifted its position in shares of O’Reilly Automotive by 10.6% during the 4th quarter. CX Institutional now owns 261 shares of the specialty retailer’s stock worth $309,000 after buying an additional 25 shares during the last quarter. Finally, Private Capital Advisors Inc. bought a new position in O’Reilly Automotive in the fourth quarter valued at about $242,000. 85.00% of the stock is owned by institutional investors.
O’Reilly Automotive Stock Down 0.6 %
Shares of NASDAQ ORLY opened at $1,254.00 on Friday. The company’s fifty day simple moving average is $1,225.18 and its 200 day simple moving average is $1,168.42. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,283.96. The firm has a market cap of $72.39 billion, a PE ratio of 31.02, a P/E/G ratio of 2.30 and a beta of 0.94.
Insider Buying and Selling at O’Reilly Automotive
In related news, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction on Monday, November 25th. The stock was 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of the firm’s 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 transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently commented on ORLY shares. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. TD Cowen boosted their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. BMO Capital Markets initiated coverage on O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price target for the company. Truist Financial lifted their price target 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. Finally, Barclays upped their price objective on 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. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $1,295.94.
Get Our Latest Report on O’Reilly Automotive
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.
Further Reading
- Five stocks we like better than O’Reilly Automotive
- Bank Stocks – Best Bank Stocks to Invest In
- Bloom Energy: Powering the Future With Decentralized Energy
- What is Short Interest? How to Use It
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- What is a buyback in stocks? A comprehensive guide for investors
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.