D.A. Davidson & CO. Has $3.78 Million Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

D.A. Davidson & CO. raised its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,185 shares of the specialty retailer's stock after buying an additional 251 shares during the quarter. D.A. Davidson & CO.'s holdings in O'Reilly Automotive were worth $3,777,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AlphaMark Advisors LLC purchased a new position in shares of O'Reilly Automotive in the 4th quarter worth about $30,000. Darwin Wealth Management LLC purchased a new position in shares of O'Reilly Automotive in the 3rd quarter worth about $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O'Reilly Automotive in the 3rd quarter worth about $37,000. Princeton Global Asset Management LLC purchased a new position in shares of O'Reilly Automotive in the 3rd quarter worth about $41,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of O'Reilly Automotive in the 4th quarter worth about $46,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Activity

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction that occurred 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 sale, the senior vice president now owns 275 shares of the company's stock, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares of the company's stock, valued at $988,000. This trade represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,201 shares of company stock valued at $2,840,852 in the last 90 days. 1.55% of the stock is currently owned by insiders.

O'Reilly Automotive Trading Down 0.7 %

ORLY traded down $9.03 on Friday, hitting $1,303.41. 275,102 shares of the company were exchanged, compared to its average volume of 330,450. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27. The company has a market cap of $75.25 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. The firm has a 50-day moving average price of $1,253.03 and a two-hundred day moving average price of $1,200.38.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS 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%. Equities analysts expect that O'Reilly Automotive, Inc. will post 44.01 EPS for the current year.

Analyst Upgrades and Downgrades

ORLY has been the subject of several research analyst reports. Evercore ISI lifted their price objective on O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an "outperform" rating in a report on Tuesday, December 3rd. Wedbush lifted their price objective on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a report on Thursday, February 6th. StockNews.com upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. Barclays boosted their price target on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an "equal weight" rating in a research note on Friday, February 7th. Finally, Truist Financial boosted 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. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $1,390.81.

O'Reilly Automotive 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.