O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Geneva Partners LLC

Geneva Partners LLC trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,764 shares of the specialty retailer’s stock after selling 17 shares during the quarter. O’Reilly Automotive accounts for 1.8% of Geneva Partners LLC’s holdings, making the stock its 21st largest holding. Geneva Partners LLC’s holdings in O’Reilly Automotive were worth $4,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. AlphaMark Advisors LLC purchased a new position in O’Reilly Automotive in the fourth quarter valued at approximately $30,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $32,000. Trifecta Capital Advisors LLC grew its position in shares of 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 last quarter. MidAtlantic Capital Management Inc. acquired a new stake in O’Reilly Automotive during the 3rd quarter worth $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in O’Reilly Automotive in the third quarter valued at $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated 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 represents a 99.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.18% of the company’s stock.

O’Reilly Automotive Trading Up 1.1 %

NASDAQ:ORLY opened at $1,348.24 on Thursday. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27. The firm has a market capitalization of $77.83 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 2.40 and a beta of 0.94. The firm’s fifty day simple moving average is $1,238.92 and its 200 day simple moving average is $1,184.53.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. On average, analysts predict that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Barclays lifted their price target on 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. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Finally, Guggenheim lifted their target price on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $1,301.82.

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.