Erste Asset Management GmbH Buys Shares of 10,000 O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Erste Asset Management GmbH bought a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,000 shares of the specialty retailer's stock, valued at approximately $11,460,000.

Other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of O'Reilly Automotive in the third quarter worth approximately $32,000. Trifecta Capital Advisors LLC grew its position in O'Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in O'Reilly Automotive during the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC purchased a new position in O'Reilly Automotive during the third quarter valued at approximately $41,000. Finally, Kings Path Partners LLC purchased a new position in O'Reilly Automotive during the second quarter valued at approximately $44,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Down 0.1 %

O'Reilly Automotive stock traded down $0.79 on Monday, hitting $1,243.22. The company's stock had a trading volume of 149,426 shares, compared to its average volume of 374,016. The firm has a market cap of $71.77 billion, a P/E ratio of 30.76, a price-to-earnings-growth ratio of 2.52 and a beta of 0.92. The company has a fifty day moving average price of $1,191.32 and a 200-day moving average price of $1,110.24. O'Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,255.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $10.72 EPS. Analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Transactions at O'Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of the company's stock in a transaction dated 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 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 is available through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction dated 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 transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of research analyst reports. DA Davidson reaffirmed a "buy" rating and set a $1,275.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, October 24th. BNP Paribas upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. TD Cowen lifted their target price on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Wedbush reiterated a "neutral" rating and issued a $1,200.00 target price on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Finally, Evercore ISI lifted their target price on shares of O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an "outperform" rating in a research note on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.