Nisa Investment Advisors LLC boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 4.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 356,584 shares of the specialty retailer’s stock after purchasing an additional 14,779 shares during the quarter. Nisa Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $38,443,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Oakworth Capital Inc. increased its position in shares of O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares in the last quarter. Canton Hathaway LLC grew its position in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares during the last quarter. ORG Partners LLC increased its holdings in O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares in the last quarter. Finally, Nemes Rush Group LLC increased its holdings in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 294 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
Shares of NASDAQ ORLY opened at $91.63 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $79.58 and a fifty-two week high of $108.71. The firm has a market capitalization of $77.34 billion, a P/E ratio of 31.74, a P/E/G ratio of 1.93 and a beta of 0.63. The company’s 50 day simple moving average is $95.53 and its 200 day simple moving average is $98.30.
Analyst Ratings Changes
A number of brokerages have recently weighed in on ORLY. Mizuho set a $112.00 target price on O’Reilly Automotive in a research note on Monday, October 20th. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research report on Wednesday, November 5th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Finally, Evercore ISI set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $112.05.
Check Out Our Latest Analysis on O’Reilly Automotive
Insider Activity at O’Reilly Automotive
In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the sale, the senior vice president directly owned 28 shares of the company’s stock, valued at $2,836.68. This represents a 98.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,980 shares of company stock worth $882,335. 1.01% of the stock is owned by insiders.
About O’Reilly Automotive
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
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