O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Inceptionr LLC

Inceptionr LLC raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 168.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,374 shares of the specialty retailer's stock after purchasing an additional 862 shares during the quarter. Inceptionr LLC's holdings in O'Reilly Automotive were worth $1,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC purchased a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $30,000. Darwin Wealth Management LLC purchased a new stake in O'Reilly Automotive in the third quarter valued at approximately $32,000. Kestra Investment Management LLC acquired a new position in O'Reilly Automotive during the fourth quarter worth $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O'Reilly Automotive during the third quarter worth $37,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O'Reilly Automotive in the fourth quarter valued at $46,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Buying and Selling

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the company's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now owns 275 shares of the company's stock, valued at approximately $364,375. This 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 the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of O'Reilly Automotive stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the transaction, the chairman now directly owns 11,397 shares of the company's stock, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 in the last quarter. Company insiders own 1.55% of the company's stock.

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Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Royal Bank of Canada increased their target price on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. UBS Group increased their price target on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Guggenheim reissued a "buy" rating and issued a $1,475.00 price objective on shares of O'Reilly Automotive in a research note on Monday. Morgan Stanley raised shares of O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Finally, Wedbush upped their price target 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. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $1,390.81.

O'Reilly Automotive Stock Up 2.1 %

Shares of O'Reilly Automotive stock traded up $27.57 during trading on Monday, reaching $1,346.58. The company's stock had a trading volume of 464,616 shares, compared to its average volume of 349,770. The business has a 50 day moving average price of $1,277.95 and a 200-day moving average price of $1,218.60. O'Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,389.05. The company has a market capitalization of $77.12 billion, a P/E ratio of 33.12, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating 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%. Research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.