O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Lessened by Tredje AP fonden

Tredje AP fonden lessened its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 48.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,903 shares of the specialty retailer's stock after selling 11,997 shares during the period. Tredje AP fonden's holdings in O'Reilly Automotive were worth $15,300,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AlphaMark Advisors LLC bought a new stake in shares of O'Reilly Automotive in the fourth quarter worth $30,000. Darwin Wealth Management LLC bought a new stake in shares of O'Reilly Automotive in the third quarter worth $32,000. Kestra Investment Management LLC bought a new stake in shares of O'Reilly Automotive in the fourth quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new stake in shares of O'Reilly Automotive in the third quarter worth $37,000. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of O'Reilly Automotive in the fourth quarter worth $46,000. Institutional investors own 85.00% of the company's stock.

Insider Activity

In other O'Reilly Automotive news, Director Maria Sastre sold 248 shares of the firm's stock in a transaction dated 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 $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Mark Joseph Merz sold 500 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the transaction, the senior vice president now owns 275 shares of the company's stock, valued at approximately $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,894 shares of company stock worth $10,409,618. Corporate insiders own 1.18% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ORLY shares. DA Davidson lifted their price target on shares of O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. BMO Capital Markets increased their target price on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a report on Monday, February 10th. Wedbush increased their target price on shares of O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a report on Thursday, February 6th. Wells Fargo & Company increased their target price on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an "overweight" rating in a report on Tuesday, January 28th. Finally, Royal Bank of Canada increased their target price on shares of O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $1,390.81.

O'Reilly Automotive Trading Down 1.5 %

ORLY traded down $19.80 on Thursday, reaching $1,289.49. The company had a trading volume of 326,326 shares, compared to its average volume of 349,771. O'Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The company has a fifty day moving average of $1,288.56 and a 200-day moving average of $1,222.68. The company has a market capitalization of $73.85 billion, a P/E ratio of 31.71, a PEG ratio of 2.34 and a beta of 0.91.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share 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%. Research analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS 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.