Geneos Wealth Management Inc. Sells 11 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Geneos Wealth Management Inc. reduced its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 657 shares of the specialty retailer’s stock after selling 11 shares during the period. Geneos Wealth Management Inc.’s holdings in O’Reilly Automotive were worth $779,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB raised its holdings in shares of O’Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after purchasing an additional 727 shares in the last quarter. Assetmark Inc. raised its stake in O’Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock worth $21,396,000 after buying an additional 3,193 shares in the last quarter. Annex Advisory Services LLC raised its stake in O’Reilly Automotive by 23.2% in the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after buying an additional 6,418 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in O’Reilly Automotive by 4.7% during the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after buying an additional 882 shares during the period. Finally, 3Chopt Investment Partners LLC bought a new stake in O’Reilly Automotive during the 2nd quarter valued at $851,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

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 value of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This 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 currently owned by insiders.

O’Reilly Automotive Trading Up 2.3 %

Shares of NASDAQ ORLY opened at $1,282.53 on Tuesday. The company has a 50 day simple moving average of $1,225.18 and a two-hundred day simple moving average of $1,170.48. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,285.90. The stock has a market cap of $74.04 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 2.30 and a beta of 0.94.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Roth Mkm reissued a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. TD Cowen lifted their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Guggenheim boosted their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Barclays raised their target price on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Two research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Buy” and an average price target of $1,295.94.

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.