O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Portfolio Design Labs LLC

Portfolio Design Labs LLC decreased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 398 shares of the specialty retailer’s stock after selling 46 shares during the period. Portfolio Design Labs LLC’s holdings in O’Reilly Automotive were worth $472,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ORLY. Asset Dedication LLC lifted its holdings in O’Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock valued at $178,000 after acquiring an additional 9 shares during the last quarter. Marks Group Wealth Management Inc lifted its holdings in O’Reilly Automotive by 1.5% in the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after acquiring an additional 9 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after acquiring an additional 9 shares during the last quarter. Metis Global Partners LLC lifted its holdings in O’Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after acquiring an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company lifted its holdings in O’Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after acquiring an additional 9 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,323.94 on Wednesday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27. The company has a market capitalization of $76.43 billion, a PE ratio of 32.56, a P/E/G ratio of 2.50 and a beta of 0.94. The company has a fifty day moving average of $1,243.39 and a two-hundred day moving average of $1,190.81.

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

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Mizuho upped their price objective on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Evercore ISI upped their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Wedbush upped their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, Roth Mkm reissued a “buy” rating and issued a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

Insider Transactions at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

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.