O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Silvant Capital Management LLC

Silvant Capital Management LLC trimmed its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 9.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,865 shares of the specialty retailer's stock after selling 640 shares during the period. Silvant Capital Management LLC's holdings in O'Reilly Automotive were worth $6,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Asset Dedication LLC grew its position in shares of O'Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock worth $178,000 after buying an additional 9 shares during the last quarter. Industrial Alliance Investment Management Inc. lifted its holdings in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 390 shares of the specialty retailer's stock valued at $440,000 after purchasing an additional 10 shares during the last quarter. Marcum Wealth LLC grew its stake in O'Reilly Automotive by 5.1% during the 2nd quarter. Marcum Wealth LLC now owns 206 shares of the specialty retailer's stock worth $218,000 after buying an additional 10 shares during the last quarter. Ausdal Financial Partners Inc. raised its stake in O'Reilly Automotive by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 352 shares of the specialty retailer's stock valued at $372,000 after buying an additional 10 shares during the last quarter. Finally, KCM Investment Advisors LLC raised its stake in O'Reilly Automotive by 0.6% in the first quarter. KCM Investment Advisors LLC now owns 1,838 shares of the specialty retailer's stock valued at $2,075,000 after buying an additional 11 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on ORLY. JPMorgan Chase & Co. increased their price objective on shares of O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a research report on Wednesday, October 16th. Wells Fargo & Company boosted their price objective on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a report on Monday, October 14th. BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. DA Davidson reiterated a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Finally, Roth Capital upgraded O'Reilly Automotive to a "strong-buy" rating in a research note on Tuesday, October 15th. Four equities research 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. According to data from MarketBeat, O'Reilly Automotive has an average rating of "Moderate Buy" and an average target price of $1,242.13.

O'Reilly Automotive Trading Down 0.6 %

ORLY traded down $6.55 on Friday, hitting $1,146.59. 496,806 shares of the company were exchanged, compared to its average volume of 299,915. The firm has a 50-day moving average price of $1,154.60 and a two-hundred day moving average price of $1,084.94. O'Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,221.18. The company has a market cap of $66.51 billion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 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 analyst estimates of $4.42 billion. During the same period in the prior year, the firm posted $10.72 earnings per share. The business's quarterly revenue was up 3.8% compared to the same quarter last year. Equities analysts expect that O'Reilly Automotive, Inc. will post 40.82 EPS for the current year.

Insider Buying and Selling

In other O'Reilly Automotive news, Director Dana Perlman sold 48 shares of the firm's stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other O'Reilly Automotive news, Director Dana Perlman sold 48 shares of the firm's stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the sale, the director now owns 1,097 shares of the company's stock, valued at approximately $1,217,406.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 16,370 shares of company stock worth $18,333,966. Corporate insiders own 1.55% of the company's stock.

O'Reilly Automotive 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.