O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by CCLA Investment Management

CCLA Investment Management lessened its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 116,043 shares of the specialty retailer's stock after selling 4,950 shares during the period. O'Reilly Automotive makes up approximately 2.2% of CCLA Investment Management's portfolio, making the stock its 15th biggest holding. CCLA Investment Management owned 0.20% of O'Reilly Automotive worth $137,587,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Asset Dedication LLC boosted its stake in shares of O'Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock worth $178,000 after acquiring an additional 9 shares in the last quarter. Marks Group Wealth Management Inc raised its holdings in O'Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer's stock worth $697,000 after purchasing an additional 9 shares during the last quarter. Venturi Wealth Management LLC boosted its position in O'Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock worth $132,000 after purchasing an additional 9 shares in the last quarter. Metis Global Partners LLC grew its holdings in O'Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company increased its position in shares of O'Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer's stock valued at $753,000 after buying an additional 9 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 0.4 %

Shares of ORLY stock traded up $4.78 during trading hours on Wednesday, hitting $1,209.11. 42,166 shares of the company were exchanged, compared to its average volume of 288,947. The firm has a fifty day moving average of $1,224.54 and a 200 day moving average of $1,158.85. O'Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,283.96. The firm has a market cap of $69.80 billion, a PE ratio of 29.91, a PEG ratio of 2.58 and a beta of 0.94.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. During the same period in the prior year, the business earned $10.72 EPS. The business's revenue for the quarter was up 3.8% on a year-over-year basis. Analysts expect that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company's stock, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ORLY shares. Roth Mkm reiterated a "buy" rating and issued a $1,337.00 price objective on shares of O'Reilly Automotive in a research report on Wednesday, October 16th. DA Davidson reiterated a "buy" rating and issued a $1,275.00 price target on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Wedbush restated a "neutral" rating and set a $1,200.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, October 24th. StockNews.com cut O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Tuesday. Finally, Roth Capital raised O'Reilly Automotive to a "strong-buy" rating in a research report on Tuesday, October 15th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, O'Reilly Automotive has a consensus rating of "Moderate Buy" and an average price target of $1,270.69.

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.