CWA Asset Management Group LLC Sells 12 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

CWA Asset Management Group LLC decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,381 shares of the specialty retailer’s stock after selling 12 shares during the quarter. CWA Asset Management Group LLC’s holdings in O’Reilly Automotive were worth $6,380,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ORLY. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC boosted its holdings in O’Reilly Automotive by 383.3% during the 3rd 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 during the period. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive in the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC purchased a new stake in O’Reilly Automotive in the third quarter worth $41,000. Finally, Quarry LP lifted its position in shares of O’Reilly Automotive by 109.1% during the second quarter. Quarry LP now owns 92 shares of the specialty retailer’s stock worth $97,000 after purchasing an additional 48 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction 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 in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated 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 owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Up 1.4 %

Shares of NASDAQ ORLY traded up $17.33 during mid-day trading on Monday, hitting $1,221.55. 57,515 shares of the company were exchanged, compared to its average volume of 216,081. The firm has a market cap of $70.52 billion, a price-to-earnings ratio of 30.22, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94. The stock has a 50 day simple moving average of $1,218.96 and a 200-day simple moving average of $1,152.05. O’Reilly Automotive, Inc. has a 1-year low of $914.50 and a 1-year high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the previous year, the company posted $10.72 EPS. The company’s revenue was up 3.8% compared to the same quarter last year. Analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on ORLY shares. JPMorgan Chase & Co. raised their target price on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Wedbush reaffirmed a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Truist Financial raised their price target on shares of 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. Finally, BMO Capital Markets began coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They set an “outperform” rating and a $1,400.00 target price on the stock. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,269.31.

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.