Geneva Capital Management LLC Sells 4,064 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Geneva Capital Management LLC decreased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 9.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,291 shares of the specialty retailer's stock after selling 4,064 shares during the quarter. Geneva Capital Management LLC owned approximately 0.07% of O'Reilly Automotive worth $46,399,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Trifecta Capital Advisors LLC boosted its position in shares of O'Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock valued at $33,000 after acquiring an additional 23 shares during the period. Princeton Global Asset Management LLC acquired a new stake in O'Reilly Automotive in the 3rd quarter worth $41,000. Crewe Advisors LLC bought a new position in shares of O'Reilly Automotive during the 1st quarter worth about $43,000. Kings Path Partners LLC acquired a new position in shares of O'Reilly Automotive during the second quarter valued at about $44,000. Finally, ORG Partners LLC bought a new stake in shares of O'Reilly Automotive in the second quarter valued at about $48,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other O'Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of O'Reilly Automotive stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the sale, the chairman now owns 183,583 shares of the company's stock, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other O'Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the firm's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the transaction, the chairman now owns 183,583 shares in the company, valued at approximately $205,407,347.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,322 shares of company stock valued at $18,280,698. 1.55% of the stock is currently owned by insiders.

O'Reilly Automotive Trading Up 0.5 %

Shares of ORLY traded up $5.84 during mid-day trading on Wednesday, hitting $1,242.69. 109,504 shares of the company traded hands, compared to its average volume of 374,039. The stock has a market capitalization of $71.74 billion, a price-to-earnings ratio of 30.79, a PEG ratio of 2.51 and a beta of 0.92. The business has a 50-day moving average of $1,165.19 and a 200 day moving average of $1,091.11. O'Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,252.54.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the business posted $10.72 earnings per share. The firm's quarterly revenue was up 3.8% on a year-over-year basis. As a group, analysts anticipate that O'Reilly Automotive, Inc. will post 40.81 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ORLY shares. Wedbush restated 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. Wells Fargo & Company lifted their target price on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a research report on Monday, October 14th. Roth Capital raised shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Tuesday, October 15th. Bank of America lifted their price objective on O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a "buy" rating in a report on Thursday, August 22nd. Finally, Roth Mkm reissued a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a report on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $1,242.13.

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.