Main Street Financial Solutions LLC Decreases Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Main Street Financial Solutions LLC lessened its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 43.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,163 shares of the specialty retailer's stock after selling 896 shares during the quarter. Main Street Financial Solutions LLC's holdings in O'Reilly Automotive were worth $1,339,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in ORLY. Vanguard Group Inc. lifted its position in shares of O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer's stock worth $5,739,462,000 after purchasing an additional 75,837 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of O'Reilly Automotive by 3.2% in the 2nd quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer's stock valued at $1,954,404,000 after purchasing an additional 57,194 shares during the period. Bank of New York Mellon Corp grew its stake in shares of O'Reilly Automotive by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer's stock valued at $1,505,649,000 after purchasing an additional 19,211 shares during the period. JPMorgan Chase & Co. grew its stake in shares of O'Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer's stock valued at $1,180,259,000 after purchasing an additional 376,167 shares during the period. Finally, International Assets Investment Management LLC grew its stake in shares of O'Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after purchasing an additional 853,633 shares during the period. Institutional investors own 85.00% of the company's stock.

Insiders Place Their Bets

In other news, Director Lawrence P. Oreilly sold 13,765 shares of the firm's stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the transaction, the director now owns 141,589 shares in the company, valued at $158,511,717.28. This trade represents a 8.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the transaction, the chairman now owns 183,583 shares in the company, valued at $205,407,347.04. This represents a 0.54 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,322 shares of company stock worth $18,280,698. Corporate insiders own 1.55% of the company's stock.

O'Reilly Automotive Stock Down 1.2 %

ORLY traded down $14.38 during trading on Thursday, reaching $1,224.40. 414,451 shares of the stock traded hands, compared to its average volume of 375,014. The stock has a market capitalization of $70.68 billion, a PE ratio of 31.05, a P/E/G ratio of 2.51 and a beta of 0.92. The stock's 50-day moving average is $1,167.21 and its 200 day moving average is $1,092.14. O'Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30.

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 16th. Barclays increased their price target on O'Reilly Automotive from $986.00 to $1,088.00 and gave the stock an "equal weight" rating in a research report on Friday, October 25th. BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Bank of America increased their price objective on O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a "buy" rating in a research report on Thursday, August 22nd. Finally, Royal Bank of Canada increased their price objective on O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, O'Reilly Automotive has a consensus rating of "Moderate Buy" and a consensus target price 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.