Stony Point Capital LLC Sells 3,510 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Stony Point Capital LLC lowered its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 34.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,821 shares of the specialty retailer’s stock after selling 3,510 shares during the period. O’Reilly Automotive makes up 2.1% of Stony Point Capital LLC’s investment portfolio, making the stock its 24th largest position. Stony Point Capital LLC’s holdings in O’Reilly Automotive were worth $5,791,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. First Trust Advisors LP raised its holdings in shares of O’Reilly Automotive by 4.3% in the 1st quarter. First Trust Advisors LP now owns 57,743 shares of the specialty retailer’s stock valued at $49,023,000 after acquiring an additional 2,356 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of O’Reilly Automotive by 1.8% in the 1st quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer’s stock valued at $1,262,904,000 after acquiring an additional 26,201 shares in the last quarter. Graham Capital Management L.P. raised its holdings in shares of O’Reilly Automotive by 399.5% in the 1st quarter. Graham Capital Management L.P. now owns 7,333 shares of the specialty retailer’s stock valued at $6,226,000 after acquiring an additional 5,865 shares in the last quarter. AQR Capital Management LLC increased its position in shares of O’Reilly Automotive by 4.5% during the 1st quarter. AQR Capital Management LLC now owns 85,239 shares of the specialty retailer’s stock valued at $72,310,000 after purchasing an additional 3,665 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of O’Reilly Automotive by 4.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 566,561 shares of the specialty retailer’s stock valued at $480,999,000 after purchasing an additional 25,767 shares during the last quarter. Hedge funds and other institutional investors own 82.92% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 200 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $935.20, for a total value of $187,040.00. Following the completion of the transaction, the chairman now owns 8,378 shares in the company, valued at $7,835,105.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Chairman Gregory L. Henslee sold 200 shares of O’Reilly Automotive stock in a transaction on Friday, August 4th. The stock was sold at an average price of $935.20, for a total value of $187,040.00. Following the completion of the sale, the chairman now owns 8,378 shares of the company’s stock, valued at $7,835,105.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lawrence P. Oreilly sold 1,060 shares of O’Reilly Automotive stock in a transaction on Friday, September 1st. The stock was sold at an average price of $945.57, for a total value of $1,002,304.20. Following the completion of the sale, the director now directly owns 157,764 shares of the company’s stock, valued at approximately $149,176,905.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,241 shares of company stock worth $22,733,544. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Trading Down 1.5 %

NASDAQ:ORLY traded down $13.78 during trading hours on Tuesday, reaching $928.72. 225,375 shares of the company traded hands, compared to its average volume of 426,301. The business’s 50-day moving average price is $944.93 and its two-hundred day moving average price is $909.45. The stock has a market capitalization of $55.96 billion, a P/E ratio of 26.15, a P/E/G ratio of 1.88 and a beta of 0.85. O’Reilly Automotive, Inc. has a 1 year low of $680.00 and a 1 year high of $975.72.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, July 27th. The specialty retailer reported $10.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.05 by $0.17. The business had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.01 billion. O’Reilly Automotive had a negative return on equity of 163.68% and a net margin of 14.84%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.78 earnings per share. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 37.64 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wedbush increased their price objective on O’Reilly Automotive from $920.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, July 27th. Evercore ISI increased their price objective on O’Reilly Automotive from $990.00 to $1,010.00 and gave the company an “outperform” rating in a research report on Friday. Wells Fargo & Company raised their price target on O’Reilly Automotive from $985.00 to $1,075.00 in a research report on Thursday, July 20th. William Blair began coverage on O’Reilly Automotive in a research report on Thursday, August 3rd. They set an “outperform” rating on the stock. Finally, Royal Bank of Canada raised their price target on O’Reilly Automotive from $975.00 to $988.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $971.40.

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 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.