O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. grew its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 117.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,037 shares of the specialty retailer's stock after buying an additional 41,685 shares during the quarter. Assenagon Asset Management S.A. owned 0.13% of O'Reilly Automotive worth $88,716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. 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 buying an additional 75,837 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of O'Reilly Automotive by 3.2% during 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 in the last quarter. Bank of New York Mellon Corp grew its position in shares of O'Reilly Automotive by 1.4% during 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 in the last quarter. JPMorgan Chase & Co. grew its position in shares of O'Reilly Automotive by 56.2% during 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 in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of O'Reilly Automotive by 99,957.0% during 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 in the last quarter. Institutional investors own 85.00% of the company's stock.

Insider Buying and Selling

In related news, Chairman Gregory L. Henslee sold 18,264 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the completion of the transaction, the chairman now owns 13,347 shares in the company, valued at approximately $15,049,409.85. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, SVP Mark Joseph Merz sold 413 shares of the business's stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Gregory L. Henslee sold 18,264 shares of the company's stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the sale, the chairman now owns 13,347 shares of the company's stock, valued at approximately $15,049,409.85. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,411 shares of company stock worth $56,846,062. Insiders own 1.55% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Tuesday, October 15th. UBS Group lowered their price objective on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating for the company in a research note on Thursday, July 18th. Evercore ISI increased their price target on shares of O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an "outperform" rating in a research note on Thursday, August 22nd. Bank of America increased their price target on shares of O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a "buy" rating in a research note on Thursday, August 22nd. Finally, DA Davidson restated a "buy" rating and issued a $1,275.00 price objective on shares of O'Reilly Automotive in a report on Thursday. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and an average price target of $1,209.56.

O'Reilly Automotive Price Performance

ORLY stock traded up $0.52 during midday trading on Thursday, hitting $1,199.77. 430,628 shares of the stock traded hands, compared to its average volume of 261,559. The firm has a market cap of $69.60 billion, a P/E ratio of 30.20, a PEG ratio of 2.29 and a beta of 0.92. The stock's fifty day simple moving average is $1,147.32 and its 200-day simple moving average is $1,080.64. O'Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,221.18.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. O'Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $10.72 earnings per share. On average, research analysts predict that O'Reilly Automotive, Inc. will post 41.05 earnings per share for the current year.

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.