O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,857 shares of the specialty retailer's stock after selling 1,762 shares during the period. PNC Financial Services Group Inc. owned about 0.06% of O'Reilly Automotive worth $40,148,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of ORLY. Assetmark Inc. boosted its stake in shares of O'Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer's stock valued at $21,396,000 after purchasing an additional 3,193 shares during the period. Annex Advisory Services LLC grew its stake in O'Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock worth $40,349,000 after purchasing an additional 6,418 shares in the last quarter. CIBC Asset Management Inc increased its holdings in O'Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock worth $22,568,000 after purchasing an additional 882 shares during the period. Montecito Bank & Trust acquired a new stake in O'Reilly Automotive in the 4th quarter valued at about $365,000. Finally, Y Intercept Hong Kong Ltd grew its position in shares of O'Reilly Automotive by 824.6% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer's stock worth $4,276,000 after buying an additional 3,216 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling

In related news, Director Andrea Weiss sold 248 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total value of $325,185.04. Following the transaction, the director now owns 452 shares in the company, valued at approximately $592,675.96. This trade represents a 35.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares of the company's stock, valued at approximately $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. Insiders own 1.55% of the company's stock.

Analyst Ratings Changes

ORLY has been the topic of a number of recent analyst reports. BMO Capital Markets increased their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Evercore ISI raised their price target on O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research note on Tuesday, December 3rd. StockNews.com raised O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Barclays boosted their target price on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Finally, Guggenheim reiterated a "buy" rating and issued a $1,475.00 price target on shares of O'Reilly Automotive in a research note on Monday. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $1,390.81.

O'Reilly Automotive Price Performance

Shares of ORLY stock traded down $20.67 during midday trading on Tuesday, hitting $1,325.91. The company had a trading volume of 191,930 shares, compared to its average volume of 345,840. The company's 50 day simple moving average is $1,281.29 and its 200 day simple moving average is $1,220.14. O'Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,389.05. The stock has a market cap of $75.94 billion, a price-to-earnings ratio of 32.59, a PEG ratio of 2.34 and a beta of 0.91.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.