Custom Index Systems LLC Buys 38 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Custom Index Systems LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 964 shares of the specialty retailer’s stock after acquiring an additional 38 shares during the quarter. Custom Index Systems LLC’s holdings in O’Reilly Automotive were worth $1,143,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its stake in O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after acquiring an additional 853,633 shares during the period. Wellington Management Group LLP lifted its holdings in shares of O’Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after purchasing an additional 728,040 shares in the last quarter. Mizuho Securities USA LLC grew its position in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 shares during the period. Massachusetts Financial Services Co. MA increased its stake in O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after purchasing an additional 133,139 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in O’Reilly Automotive by 117.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 77,037 shares of the specialty retailer’s stock worth $88,716,000 after buying an additional 41,685 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction that occurred on 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 transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

Analysts Set New Price Targets

ORLY has been the subject of several research analyst reports. Royal Bank of Canada upped their price target on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. BMO Capital Markets began coverage on O’Reilly Automotive in a report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 target price for the company. Truist Financial lifted their price target on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Finally, Guggenheim lifted their target price on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $1,301.82.

O’Reilly Automotive Stock Down 1.2 %

ORLY opened at $1,294.42 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,311.78. The business has a 50 day moving average of $1,232.15 and a 200-day moving average of $1,175.66. The stock has a market cap of $74.73 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 2.39 and a beta of 0.94.

O’Reilly Automotive 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.