Graypoint LLC Buys 34 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Graypoint LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 300 shares of the specialty retailer’s stock after buying an additional 34 shares during the quarter. Graypoint LLC’s holdings in O’Reilly Automotive were worth $285,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ORLY. NewEdge Wealth LLC increased its holdings in shares of O’Reilly Automotive by 13.6% during the fourth quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock worth $32,509,000 after buying an additional 4,101 shares in the last quarter. Alpha Financial Partners LLC acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $204,000. Perigon Wealth Management LLC grew its stake in shares of O’Reilly Automotive by 14.2% in the 4th quarter. Perigon Wealth Management LLC now owns 346 shares of the specialty retailer’s stock valued at $329,000 after buying an additional 43 shares during the period. Valeo Financial Advisors LLC lifted its position in O’Reilly Automotive by 46.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 828 shares of the specialty retailer’s stock valued at $786,000 after acquiring an additional 262 shares in the last quarter. Finally, Sapient Capital LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $23,260,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,500 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, SVP Christopher Andrew Mancini sold 1,500 shares of O’Reilly Automotive stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $1,000.00, for a total value of $1,500,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the sale, the chief financial officer now owns 2,335 shares in the company, valued at $2,400,380. The disclosure for this sale can be found here. Insiders sold a total of 27,468 shares of company stock valued at $28,769,333 over the last 90 days. 1.18% of the stock is owned by company insiders.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $1,069.27 on Tuesday. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The stock has a market capitalization of $63.12 billion, a PE ratio of 27.79, a P/E/G ratio of 1.95 and a beta of 0.86. The company has a fifty day moving average of $1,089.77 and a two-hundred day moving average of $1,005.60.

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

Analyst Ratings Changes

A number of research firms recently commented on ORLY. Mizuho started coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target on the stock. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Barclays boosted their price target on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Finally, Evercore ISI boosted their price target 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, April 2nd. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,090.76.

About O’Reilly Automotive

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.