SteelPeak Wealth LLC Buys Shares of 903 O'Reilly Automotive, Inc. (NASDAQ:ORLY)

SteelPeak Wealth LLC bought a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 903 shares of the specialty retailer's stock, valued at approximately $1,071,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Susquehanna Fundamental Investments LLC acquired a new position in shares of O'Reilly Automotive in the 2nd quarter valued at $1,584,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of O'Reilly Automotive by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,191 shares of the specialty retailer's stock worth $8,651,000 after purchasing an additional 510 shares during the period. Sunbelt Securities Inc. boosted its position in O'Reilly Automotive by 2.7% in the second quarter. Sunbelt Securities Inc. now owns 530 shares of the specialty retailer's stock valued at $560,000 after buying an additional 14 shares during the last quarter. Quarry LP increased its holdings in O'Reilly Automotive by 109.1% in the 2nd quarter. Quarry LP now owns 92 shares of the specialty retailer's stock worth $97,000 after buying an additional 48 shares during the period. Finally, Regal Investment Advisors LLC lifted its stake in O'Reilly Automotive by 9.9% during the 2nd quarter. Regal Investment Advisors LLC now owns 488 shares of the specialty retailer's stock valued at $515,000 after acquiring an additional 44 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Price Performance

Shares of NASDAQ ORLY traded up $22.08 during midday trading on Thursday, hitting $1,310.16. 301,579 shares of the company's stock were exchanged, compared to its average volume of 321,491. The firm's fifty day simple moving average is $1,230.04 and its 200-day simple moving average is $1,174.72. The company has a market cap of $75.64 billion, a PE ratio of 32.41, a P/E/G ratio of 2.30 and a beta of 0.94. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,311.78.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company's stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. TD Cowen raised their target price on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Roth Capital raised O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. DA Davidson reiterated a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Wedbush reissued a "neutral" rating and set a $1,200.00 price target on shares of O'Reilly Automotive in a report on Thursday, October 24th. Finally, Wells Fargo & Company lifted their price objective on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a report on Tuesday. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, O'Reilly Automotive has an average rating of "Buy" and an average price target of $1,301.82.

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.