Callan Family Office LLC Purchases New Stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Callan Family Office LLC purchased a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,637 shares of the specialty retailer's stock, valued at approximately $1,941,000.

A number of other institutional investors and hedge funds have also modified their holdings of ORLY. AlphaMark Advisors LLC acquired a new stake in O'Reilly Automotive in the fourth quarter valued at $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O'Reilly Automotive in the 3rd quarter worth about $32,000. Kestra Investment Management LLC purchased a new stake in shares of O'Reilly Automotive in the 4th quarter worth about $32,000. MidAtlantic Capital Management Inc. purchased a new position in O'Reilly Automotive during the 3rd quarter valued at about $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in O'Reilly Automotive during the fourth quarter worth about $46,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Transactions at O'Reilly Automotive

In other news, SVP Mark Joseph Merz sold 500 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the transaction, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the sale, the director now directly owns 971 shares in the company, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock valued at $10,409,618 over the last quarter. Company insiders own 1.55% of the company's stock.

Remove Ads

O'Reilly Automotive Trading Down 1.7 %

Shares of O'Reilly Automotive stock traded down $22.52 during trading hours on Tuesday, reaching $1,324.06. The stock had a trading volume of 403,380 shares, compared to its average volume of 350,947. O'Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,389.05. The firm has a market capitalization of $75.83 billion, a price-to-earnings ratio of 32.56, a P/E/G ratio of 2.34 and a beta of 0.91. The firm has a 50 day simple moving average of $1,281.29 and a two-hundred day simple moving average of $1,220.14.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Sell-side analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Evercore ISI raised their price objective on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 3rd. UBS Group raised their price target on O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Wells Fargo & Company upped their price objective on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a research report on Tuesday, January 28th. DA Davidson increased their price objective on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, BMO Capital Markets upped their target price on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $1,390.81.

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.