Assetmark Inc. Has $21.40 Million Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Assetmark Inc. lifted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 20.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,580 shares of the specialty retailer's stock after acquiring an additional 3,193 shares during the period. Assetmark Inc.'s holdings in O'Reilly Automotive were worth $21,396,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORLY. Roth Capital raised shares of O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. TD Cowen upped their target price on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Royal Bank of Canada raised their target price on O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a report on Friday, October 25th. BNP Paribas raised O'Reilly Automotive to a "strong-buy" rating in a report on Friday, October 25th. Finally, Barclays upped their price objective 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. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,242.13.

Insider Buying and Selling

In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the 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 transaction of $1,751,625.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Chairman David E. Oreilly sold 1,000 shares of the company's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the sale, the chairman now owns 183,583 shares in the company, valued at $205,407,347.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Insiders have sold a total of 16,322 shares of company stock valued at $18,280,698 over the last ninety days. 1.55% of the stock is owned by company insiders.

O'Reilly Automotive Trading Up 0.3 %

ORLY traded up $3.19 during trading on Friday, reaching $1,217.70. 313,310 shares of the company's stock were exchanged, compared to its average volume of 343,644. O'Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,239.65. The firm has a fifty day moving average price of $1,161.22 and a two-hundred day moving average price of $1,088.55. The stock has a market capitalization of $70.64 billion, a PE ratio of 30.13, a price-to-earnings-growth ratio of 2.47 and a beta of 0.92.

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