DAVENPORT & Co LLC Sells 268 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

DAVENPORT & Co LLC lowered its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 0.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,114 shares of the specialty retailer’s stock after selling 268 shares during the period. DAVENPORT & Co LLC owned about 0.13% of O’Reilly Automotive worth $74,845,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. National Bank of Canada FI grew its position in shares of O’Reilly Automotive by 22.6% in the 3rd quarter. National Bank of Canada FI now owns 42,044 shares of the specialty retailer’s stock valued at $37,751,000 after buying an additional 7,762 shares during the last quarter. SignalPoint Asset Management LLC lifted its stake in shares of O’Reilly Automotive by 3.3% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after purchasing an additional 1,642 shares during the period. HB Wealth Management LLC lifted its stake in shares of O’Reilly Automotive by 7.0% in the 4th quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock valued at $1,660,000 after purchasing an additional 114 shares during the period. LPL Financial LLC lifted its stake in shares of O’Reilly Automotive by 10.8% in the 3rd quarter. LPL Financial LLC now owns 34,746 shares of the specialty retailer’s stock valued at $31,579,000 after purchasing an additional 3,385 shares during the period. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of O’Reilly Automotive by 9.8% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 753 shares of the specialty retailer’s stock valued at $715,000 after purchasing an additional 67 shares during the period. Institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the completion of the transaction, the chairman now directly owns 205,095 shares of the company’s stock, valued at $217,933,947. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The disclosure for this sale can be found here. Insiders sold 27,468 shares of company stock valued at $28,769,333 over the last ninety days. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY traded up $9.93 during trading hours on Tuesday, reaching $1,140.21. The stock had a trading volume of 325,575 shares, compared to its average volume of 378,096. The stock has a 50 day simple moving average of $1,076.05 and a 200 day simple moving average of $993.36. O’Reilly Automotive, Inc. has a 12-month low of $851.22 and a 12-month high of $1,169.11. The stock has a market cap of $67.32 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same period last year, the business posted $8.37 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, equities analysts expect that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of recent analyst reports. Mizuho initiated coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective on the stock. Truist Financial boosted their price objective on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research note on Tuesday. Evercore ISI upped their price target on O’Reilly Automotive from $1,235.00 to $1,240.00 and gave the stock an “outperform” rating in a research note on Tuesday. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada upped their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

Read Our Latest Analysis on O’Reilly Automotive

O’Reilly Automotive Profile

(Free Report)

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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