Sanctuary Advisors LLC Sells 6,133 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Sanctuary Advisors LLC lessened its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 25.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,255 shares of the specialty retailer's stock after selling 6,133 shares during the period. Sanctuary Advisors LLC's holdings in O'Reilly Automotive were worth $22,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ORLY. Darwin Wealth Management LLC bought a new position in O'Reilly Automotive in the third quarter valued at about $32,000. Trifecta Capital Advisors LLC grew its holdings 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 valued at $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in O'Reilly Automotive during the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC bought a new position in O'Reilly Automotive in the 3rd quarter valued at approximately $41,000. Finally, Kings Path Partners LLC acquired a new stake in O'Reilly Automotive in the second quarter valued at approximately $44,000. 85.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ORLY shares. DA Davidson reissued a "buy" rating and set a $1,275.00 price objective on shares of O'Reilly Automotive in a report on Thursday, October 24th. Roth Mkm reissued a "buy" rating and set a $1,337.00 price target on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. BNP Paribas raised O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. Morgan Stanley lifted their target price on shares of O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 24th. Finally, Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Tuesday, October 15th. Four research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,257.00.

Insider Activity

In related news, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares of the company's stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

O'Reilly Automotive Stock Up 0.5 %

ORLY traded up $6.39 during trading on Friday, hitting $1,276.11. The company's stock had a trading volume of 92,080 shares, compared to its average volume of 369,970. The firm has a market capitalization of $73.67 billion, a P/E ratio of 31.41, a PEG ratio of 2.57 and a beta of 0.93. O'Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,281.95. The stock's fifty day moving average price is $1,210.82 and its 200-day moving average price is $1,124.87.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results 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 net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the previous year, the firm earned $10.72 EPS. The firm's revenue was up 3.8% on a year-over-year basis. Equities research analysts expect that O'Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

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.