O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Atria Investments Inc

Atria Investments Inc lessened its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 12.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,016 shares of the specialty retailer's stock after selling 714 shares during the quarter. Atria Investments Inc's holdings in O'Reilly Automotive were worth $5,777,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. International Assets Investment Management LLC lifted its position in O'Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock worth $984,027,000 after buying an additional 853,633 shares during the period. JPMorgan Chase & Co. boosted its stake in O'Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer's stock worth $1,180,259,000 after purchasing an additional 376,167 shares during the period. CCLA Investment Management purchased a new stake in shares of O'Reilly Automotive during the 1st quarter worth about $95,481,000. Marshall Wace LLP grew its holdings in O'Reilly Automotive by 809.8% during the second quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer's stock valued at $96,078,000 after purchasing an additional 80,978 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in O'Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer's stock worth $5,739,462,000 after acquiring an additional 75,837 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insiders Place Their Bets

In other O'Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the firm's stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the sale, the chairman now owns 183,583 shares of the company's stock, valued at $205,407,347.04. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman David E. Oreilly sold 1,000 shares of the company's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the transaction, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,322 shares of company stock valued at $18,280,698 in the last 90 days. 1.55% of the stock is currently owned by insiders.

O'Reilly Automotive Stock Up 0.7 %

Shares of ORLY stock traded up $8.33 during mid-day trading on Tuesday, reaching $1,236.85. The company's stock had a trading volume of 298,352 shares, compared to its average volume of 375,247. O'Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,244.50. The firm has a market capitalization of $71.74 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 2.47 and a beta of 0.92. The company's 50 day simple moving average is $1,163.19 and its 200-day simple moving average is $1,089.75.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $4.42 billion. During the same quarter in the previous year, the firm posted $10.72 earnings per share. The company's revenue for the quarter was up 3.8% on a year-over-year basis. As a group, research analysts anticipate that O'Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on ORLY. Morgan Stanley raised their price objective on shares of O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a research report on Thursday, October 24th. UBS Group lowered their target price on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating on the stock in a report on Thursday, July 18th. 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. Barclays boosted their target price on shares of O'Reilly Automotive from $986.00 to $1,088.00 and gave the company an "equal weight" rating in a research report on Friday, October 25th. Finally, Roth Capital raised shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and an average target price of $1,242.13.

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.