Evergreen Wealth Management LLC Sells 246 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Evergreen Wealth Management LLC lessened its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 33.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 481 shares of the specialty retailer's stock after selling 246 shares during the period. Evergreen Wealth Management LLC's holdings in O'Reilly Automotive were worth $571,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC bought a new stake in O'Reilly Automotive during the fourth quarter worth about $30,000. Darwin Wealth Management LLC bought a new stake in O'Reilly Automotive during the third quarter worth about $32,000. MidAtlantic Capital Management Inc. bought a new stake in O'Reilly Automotive during the third quarter worth about $37,000. Princeton Global Asset Management LLC bought a new stake in O'Reilly Automotive during the third quarter worth about $41,000. Finally, Retirement Wealth Solutions LLC bought a new stake in O'Reilly Automotive during the fourth quarter worth about $46,000. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Mark Joseph Merz sold 500 shares of the firm'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 owns 275 shares of the company's stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maria Sastre sold 248 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares of the company's stock, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,968 shares of company stock worth $2,492,394 over the last ninety days. Company insiders own 1.55% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on ORLY. BNP Paribas raised shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. Wells Fargo & Company increased their price target on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a research note on Tuesday, January 28th. BMO Capital Markets increased their price target on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. Morgan Stanley raised shares of O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Finally, StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Buy" and a consensus target price of $1,390.81.

O'Reilly Automotive Price Performance

ORLY traded up $16.64 during mid-day trading on Thursday, hitting $1,312.44. The stock had a trading volume of 278,208 shares, compared to its average volume of 332,128. The stock's fifty day simple moving average is $1,252.18 and its 200-day simple moving average is $1,199.59. The firm has a market capitalization of $75.77 billion, a price-to-earnings ratio of 32.28, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. O'Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,350.27.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate 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%. As a group, research analysts expect that O'Reilly Automotive, Inc. will post 44.01 earnings per share for the current fiscal year.

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.