Cambridge Advisors Inc. cut its position in O'Reilly Automotive Inc (NASDAQ:ORLY) by 4.6% during the first quarter, Holdings Channel reports. The firm owned 2,615 shares of the specialty retailer’s stock after selling 125 shares during the period. Cambridge Advisors Inc.’s holdings in O'Reilly Automotive were worth $706,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ORLY. Smith Moore & CO. increased its stake in shares of O'Reilly Automotive by 0.3% in the fourth quarter. Smith Moore & CO. now owns 1,267 shares of the specialty retailer’s stock worth $353,000 after buying an additional 4 shares during the period. Proficio Capital Partners LLC increased its stake in shares of O'Reilly Automotive by 7.0% in the third quarter. Proficio Capital Partners LLC now owns 384 shares of the specialty retailer’s stock worth $108,000 after buying an additional 25 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of O'Reilly Automotive by 3.5% in the third quarter. Quadrant Capital Group LLC now owns 885 shares of the specialty retailer’s stock worth $240,000 after buying an additional 30 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of O'Reilly Automotive by 4.8% in the third quarter. Parkside Financial Bank & Trust now owns 743 shares of the specialty retailer’s stock worth $209,000 after buying an additional 34 shares during the last quarter. Finally, Cypress Wealth Advisors LLC increased its stake in shares of O'Reilly Automotive by 4.3% in the fourth quarter. Cypress Wealth Advisors LLC now owns 823 shares of the specialty retailer’s stock worth $229,000 after buying an additional 34 shares during the last quarter. 89.71% of the stock is owned by institutional investors and hedge funds.

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

Shares of O'Reilly Automotive Inc (NASDAQ:ORLY) traded up 1.60% during trading on Thursday, reaching $263.00. The company had a trading volume of 742,190 shares. The firm has a market capitalization of $24.10 billion, a price-to-earnings ratio of 24.51 and a beta of 0.69. The firm has a 50-day moving average of $265.86 and a 200 day moving average of $270.94. O'Reilly Automotive Inc has a 52 week low of $248.02 and a 52 week high of $292.84.

O'Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Tuesday, February 7th. The specialty retailer reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. The firm earned $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. O'Reilly Automotive had a return on equity of 57.99% and a net margin of 12.08%. O'Reilly Automotive’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.19 earnings per share. On average, equities research analysts forecast that O'Reilly Automotive Inc will post $12.37 earnings per share for the current year.

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A number of brokerages recently issued reports on ORLY. Credit Suisse Group AG set a $290.00 price objective on O'Reilly Automotive and gave the stock a “buy” rating in a research report on Saturday, March 4th. Atlantic Securities raised O'Reilly Automotive to an “overweight” rating and set a $307.00 price objective for the company in a research report on Friday, April 7th. They noted that the move was a valuation call. Deutsche Bank AG raised their price objective on O'Reilly Automotive from $275.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday, January 18th. Zacks Investment Research downgraded O'Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday, February 28th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $302.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, February 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $306.34.

In related news, CEO Gregory L. Henslee sold 10,000 shares of the stock in a transaction dated Wednesday, March 29th. The stock was sold at an average price of $275.00, for a total value of $2,750,000.00. Following the completion of the transaction, the chief executive officer now owns 32,599 shares of the company’s stock, valued at $8,964,725. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jay D. Burchfield sold 5,000 shares of the stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $270.03, for a total value of $1,350,150.00. Following the completion of the transaction, the director now directly owns 23,047 shares of the company’s stock, valued at approximately $6,223,381.41. The disclosure for this sale can be found here. Insiders sold 61,188 shares of company stock valued at $16,555,664 in the last three months. 3.37% of the stock is currently owned by company insiders.

O'Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

5 Day Chart for NASDAQ:ORLY

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