O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Unigestion Holding SA

Unigestion Holding SA cut its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 38.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,613 shares of the specialty retailer's stock after selling 9,708 shares during the period. Unigestion Holding SA's holdings in O'Reilly Automotive were worth $17,980,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC increased its holdings in O'Reilly Automotive by 4.0% during the second quarter. Sequoia Financial Advisors LLC now owns 1,700 shares of the specialty retailer's stock valued at $1,795,000 after buying an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of O'Reilly Automotive by 90.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer's stock worth $15,458,000 after acquiring an additional 6,954 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of O'Reilly Automotive during the 2nd quarter worth $48,000. Envestnet Portfolio Solutions Inc. grew its stake in O'Reilly Automotive by 1.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 4,963 shares of the specialty retailer's stock valued at $5,241,000 after purchasing an additional 75 shares during the last quarter. Finally, Wedge Capital Management L L P NC raised its holdings in O'Reilly Automotive by 8.4% in the second quarter. Wedge Capital Management L L P NC now owns 41,966 shares of the specialty retailer's stock worth $44,319,000 after purchasing an additional 3,246 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares of the company's stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company's stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.18% of the company's stock.

O'Reilly Automotive Trading Up 0.2 %

NASDAQ ORLY traded up $2.66 on Wednesday, reaching $1,269.01. 265,018 shares of the company were exchanged, compared to its average volume of 371,692. The business's fifty day moving average price is $1,206.13 and its 200 day moving average price is $1,122.84. The stock has a market capitalization of $73.26 billion, a P/E ratio of 31.43, a price-to-earnings-growth ratio of 2.55 and a beta of 0.93. O'Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,275.80.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O'Reilly Automotive's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $10.72 earnings per share. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Morgan Stanley increased their price target on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a research note on Thursday, October 24th. Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Tuesday, October 15th. Wedbush reiterated a "neutral" rating and issued a $1,200.00 price objective on shares of O'Reilly Automotive in a research note on Thursday, October 24th. JPMorgan Chase & Co. upped their price target on shares of O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Finally, Truist Financial boosted their price objective on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Moderate Buy" and an average target price of $1,248.06.

About O'Reilly Automotive

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.