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

TimesSquare Capital Management LLC decreased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 21.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,851 shares of the specialty retailer's stock after selling 19,901 shares during the quarter. O'Reilly Automotive accounts for approximately 1.2% of TimesSquare Capital Management LLC's portfolio, making the stock its 20th largest position. TimesSquare Capital Management LLC owned about 0.12% of O'Reilly Automotive worth $85,201,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC purchased a new stake in O'Reilly Automotive in the fourth quarter valued at approximately $30,000. Kestra Investment Management LLC purchased a new stake in O'Reilly Automotive in the fourth quarter valued at approximately $32,000. Darwin Wealth Management LLC purchased a new stake in O'Reilly Automotive in the third quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. purchased a new stake in O'Reilly Automotive in the third quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in O'Reilly Automotive in the third quarter valued at approximately $41,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company's stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Maria Sastre sold 248 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,201 shares of company stock worth $2,840,852 in the last quarter. Company insiders own 1.55% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on ORLY. StockNews.com raised O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. TD Cowen upped their price objective on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Guggenheim upped their price objective on O'Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Morgan Stanley raised O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, BNP Paribas raised O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $1,390.81.

O'Reilly Automotive Trading Down 0.7 %

Shares of ORLY stock traded down $9.03 on Friday, reaching $1,303.41. 275,102 shares of the stock were exchanged, compared to its average volume of 330,450. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27. The company has a market capitalization of $75.25 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 2.31 and a beta of 0.94. The business's 50 day moving average price is $1,253.69 and its 200 day moving average price is $1,201.75.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 44.01 earnings per share for the current 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.