O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Annex Advisory Services LLC

Annex Advisory Services LLC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 23.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 34,027 shares of the specialty retailer’s stock after acquiring an additional 6,418 shares during the quarter. O’Reilly Automotive comprises approximately 1.2% of Annex Advisory Services LLC’s holdings, making the stock its 19th largest position. Annex Advisory Services LLC’s holdings in O’Reilly Automotive were worth $40,349,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $32,000. Trifecta Capital Advisors LLC boosted its position in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the third quarter worth $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth $41,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive in the fourth quarter valued at $46,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company’s 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 completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ORLY has been the subject of several analyst reports. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Roth Mkm reissued a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. BMO Capital Markets started coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 target price on the stock. DA Davidson reiterated a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. Finally, Wedbush restated a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,270.69.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,216.79 on Monday. The company has a market capitalization of $70.25 billion, a P/E ratio of 30.10, a PEG ratio of 2.23 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,283.96. The stock has a 50-day simple moving average of $1,223.72 and a 200-day simple moving average of $1,161.74.

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

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, 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.