O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 8.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,496 shares of the specialty retailer's stock after selling 12,992 shares during the period. Natixis Advisors LLC owned 0.25% of O'Reilly Automotive worth $165,250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Trifecta Capital Advisors LLC raised its position in shares of O'Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock worth $33,000 after acquiring an additional 23 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of O'Reilly Automotive in the 3rd quarter valued at $41,000. Crewe Advisors LLC purchased a new stake in shares of O'Reilly Automotive in the 1st quarter valued at about $43,000. Kings Path Partners LLC acquired a new stake in O'Reilly Automotive during the 2nd quarter worth $44,000. Finally, ORG Partners LLC purchased a new position in O'Reilly Automotive during the 2nd quarter worth $48,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ORLY shares. Wells Fargo & Company boosted their price target on 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 O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. Morgan Stanley boosted their price objective on shares of O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a research note on Thursday, October 24th. 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. Finally, BNP Paribas raised O'Reilly Automotive to a "strong-buy" rating in a report on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $1,242.13.

O'Reilly Automotive Trading Down 0.9 %

Shares of NASDAQ ORLY traded down $11.03 during midday trading on Friday, reaching $1,213.37. 437,650 shares of the stock were exchanged, compared to its average volume of 375,309. The stock has a 50 day moving average price of $1,170.83 and a 200-day moving average price of $1,094.28. The company has a market capitalization of $70.05 billion, a P/E ratio of 30.02, a P/E/G ratio of 2.51 and a beta of 0.92. O'Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,255.30.

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 negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion during the quarter, compared to analysts' expectations of $4.42 billion. During the same period in the previous year, the firm posted $10.72 earnings per share. The firm's revenue was up 3.8% on a year-over-year basis. On average, analysts forecast that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm's stock in a transaction that occurred on 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction 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 sale, the chairman now owns 183,583 shares of the company's stock, valued at approximately $205,407,347.04. This represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,322 shares of company stock valued at $18,280,698. 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.