Denali Advisors LLC Sells 26 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Denali Advisors LLC reduced its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,222 shares of the specialty retailer’s stock after selling 26 shares during the period. Denali Advisors LLC’s holdings in O’Reilly Automotive were worth $1,449,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Wellington Management Group LLP grew its stake in shares of O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after acquiring an additional 728,040 shares during the last quarter. Geode Capital Management LLC boosted its holdings in O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after purchasing an additional 24,135 shares during the period. Massachusetts Financial Services Co. MA grew its position in O’Reilly Automotive by 28.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after purchasing an additional 133,139 shares during the last quarter. Mizuho Securities USA LLC grew its position in O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after purchasing an additional 482,670 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of O’Reilly Automotive by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 365,124 shares of the specialty retailer’s stock worth $420,477,000 after purchasing an additional 989 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ORLY. BMO Capital Markets increased their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Guggenheim boosted their price objective on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, Barclays lifted their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating, fourteen 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 an average rating of “Moderate Buy” and an average target price of $1,390.81.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, EVP Jason Lee Tarrant sold 1,992 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the completion of the sale, the executive vice president now owns 1,398 shares in the company, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock valued at $10,409,618 over the last ninety days. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Trading Down 1.2 %

NASDAQ ORLY opened at $1,330.42 on Thursday. The firm has a market cap of $76.81 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.34 and a beta of 0.94. 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 50 day moving average of $1,258.72 and a 200-day moving average of $1,206.84.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.