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

TimesSquare Capital Management LLC decreased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 11.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 91,752 shares of the specialty retailer's stock after selling 11,915 shares during the quarter. O'Reilly Automotive makes up 1.6% of TimesSquare Capital Management LLC's investment portfolio, making the stock its 10th largest position. TimesSquare Capital Management LLC owned approximately 0.16% of O'Reilly Automotive worth $105,662,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ORLY. Trifecta Capital Advisors LLC boosted its stake 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 worth $33,000 after purchasing an additional 23 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of O'Reilly Automotive in the 3rd quarter valued at about $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 purchased a new position in shares of O'Reilly Automotive during the 2nd quarter valued at about $44,000. Finally, ORG Partners LLC purchased a new position in shares of O'Reilly Automotive during the 2nd quarter valued at about $48,000. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of NASDAQ ORLY traded up $3.19 during mid-day trading on Friday, hitting $1,217.70. 313,310 shares of the stock traded hands, compared to its average volume of 343,644. The stock has a fifty day moving average price of $1,161.22 and a 200-day moving average price of $1,088.55. O'Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,239.65. The company has a market cap of $70.64 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 2.47 and a beta of 0.92.

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 company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same period last year, the firm posted $10.72 earnings per share. The company's revenue was up 3.8% compared to the same quarter last year. As a group, sell-side analysts predict that O'Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the business's stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 value of $1,118,880.00. Following the completion of the transaction, the chairman now owns 183,583 shares of the company's stock, valued at approximately $205,407,347.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company'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 disclosure for this sale can be found here. Over the last three months, insiders have sold 16,322 shares of company stock valued at $18,280,698. 1.55% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. 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. Evercore ISI lifted their price target on 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. Truist Financial lifted their price target on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Barclays lifted their price target on O'Reilly Automotive from $986.00 to $1,088.00 and gave the stock an "equal weight" rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company lifted their price objective on O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a research report on Monday, October 14th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on 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 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.