Opal Wealth Advisors LLC Takes $203,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Opal Wealth Advisors LLC acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 171 shares of the specialty retailer’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaMark Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at $32,000. Trifecta Capital Advisors LLC lifted its position in shares of O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at $41,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,310.02 on Tuesday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27. The firm has a market cap of $75.63 billion, a P/E ratio of 32.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The stock has a 50-day simple moving average of $1,242.12 and a 200-day simple moving average of $1,189.28.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Truist Financial increased their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Roth Mkm reiterated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Guggenheim increased their target price on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research report on Friday. Wedbush increased their target price on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Finally, Evercore ISI increased their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $1,390.81.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the 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 transaction of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the 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 directly owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Company 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.