Floyd Financial Group LLC Purchases Shares of 853 O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Floyd Financial Group LLC purchased a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 853 shares of the specialty retailer's stock, valued at approximately $1,022,000.

Other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of O'Reilly Automotive during the 3rd quarter worth about $32,000. Trifecta Capital Advisors LLC boosted 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 worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in O'Reilly Automotive during the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC bought a new position in shares of O'Reilly Automotive in the third quarter valued at approximately $41,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of O'Reilly Automotive in the fourth quarter worth $59,000. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock opened at $1,214.93 on Wednesday. The firm has a 50 day simple moving average of $1,224.54 and a 200 day simple moving average of $1,158.85. O'Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,283.96. The firm has a market cap of $70.14 billion, a P/E ratio of 30.06, a P/E/G 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). The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company's quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $10.72 earnings per share. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Activity at O'Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the business's 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 completion of the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. The trade was a 99.20 % 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 Andrea Weiss sold 600 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. 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. Barclays lifted their price objective on O'Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 9th. Evercore ISI increased their target price on O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research note on Tuesday, December 3rd. Morgan Stanley lifted their price target on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 24th. Finally, Roth Mkm reissued 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. Four investment 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. Based on data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Moderate Buy" and a consensus price target of $1,270.69.

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.