Valmark Advisers Inc. Decreases Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Valmark Advisers Inc. trimmed its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 34.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 386 shares of the specialty retailer's stock after selling 202 shares during the period. Valmark Advisers Inc.'s holdings in O'Reilly Automotive were worth $458,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AlphaMark Advisors LLC purchased a new position in O'Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC purchased a new position in O'Reilly Automotive during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. purchased a new position in O'Reilly Automotive during the 3rd quarter worth $37,000. Princeton Global Asset Management LLC purchased a new position in O'Reilly Automotive during the 3rd quarter worth $41,000. Finally, Retirement Wealth Solutions LLC purchased a new position in O'Reilly Automotive during the 4th quarter worth $46,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O'Reilly Automotive Price Performance

ORLY traded down $9.03 during midday trading on Friday, reaching $1,303.41. 275,102 shares of the company's stock were exchanged, compared to its average volume of 330,450. The business's 50-day moving average price is $1,253.03 and its 200 day moving average price is $1,200.38. The stock has a market capitalization of $75.25 billion, a PE ratio of 32.06, a P/E/G ratio of 2.31 and a beta of 0.94. O'Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,350.27.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts' consensus estimates 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%. As a group, analysts expect that O'Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Brad W. Beckham sold 833 shares of the business's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now owns 760 shares in the company, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction dated 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 sale, the senior vice president now owns 5 shares of the company's stock, valued at $6,201.95. The trade was a 99.20 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,201 shares of company stock valued at $2,840,852. Insiders own 1.55% of the company's stock.

Wall Street Analyst Weigh In

ORLY has been the topic of several research reports. BNP Paribas raised shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. BMO Capital Markets lifted their target price on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an "outperform" rating in a report on Monday, February 10th. TD Cowen lifted their target price on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a report on Friday, October 25th. Mizuho lifted their target price on shares of O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Finally, DA Davidson lifted their target price on shares of O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a "buy" rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive has an average rating of "Buy" and a consensus price target of $1,390.81.

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.