O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,114 shares of the specialty retailer’s stock after selling 268 shares during the period. DAVENPORT & Co LLC’s holdings in O’Reilly Automotive were worth $74,845,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Cibc World Market Inc. lifted its stake in shares of O’Reilly Automotive by 305.4% during the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock worth $2,213,000 after buying an additional 2,434 shares during the period. Sei Investments Co. lifted its stake in shares of O’Reilly Automotive by 51.3% during the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock worth $10,894,000 after buying an additional 5,376 shares during the period. Prudential PLC acquired a new stake in shares of O’Reilly Automotive during the first quarter worth $1,847,000. Cetera Investment Advisers lifted its stake in shares of O’Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock worth $1,343,000 after buying an additional 644 shares during the period. Finally, Moors & Cabot Inc. lifted its stake in shares of O’Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock worth $262,000 after buying an additional 39 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at O’Reilly Automotive

In other news, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the sale, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the sale, the executive vice president now owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman David E. Oreilly sold 6,444 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the sale, the chairman now directly owns 205,095 shares of the company’s stock, valued at approximately $217,933,947. 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 90 days. Corporate insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on ORLY shares. Mizuho began coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. TD Cowen boosted their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “outperform” rating in a research report on Friday, December 8th. Evercore ISI boosted their target price on shares of O’Reilly Automotive from $1,235.00 to $1,240.00 and gave the company an “outperform” rating in a research report on Tuesday. The Goldman Sachs Group boosted their target price on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, Truist Financial boosted their target price on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research report on Tuesday. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,090.76.

Read Our Latest Report on ORLY

O’Reilly Automotive Stock Performance

Shares of ORLY stock traded up $9.93 on Tuesday, reaching $1,140.21. 325,575 shares of the company were exchanged, compared to its average volume of 378,096. The company has a market cap of $67.32 billion, a price-to-earnings ratio of 29.63, a P/E/G ratio of 2.05 and a beta of 0.86. The business has a 50-day moving average price of $1,076.05 and a 200 day moving average price of $993.36. O’Reilly Automotive, Inc. has a 1 year low of $851.22 and a 1 year high of $1,169.11.

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

O’Reilly Automotive Company 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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