Gulf International Bank UK Ltd Sells 55 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Gulf International Bank UK Ltd lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,758 shares of the specialty retailer’s stock after selling 55 shares during the quarter. Gulf International Bank UK Ltd’s holdings in O’Reilly Automotive were worth $5,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC purchased a new stake in O’Reilly Automotive during the fourth quarter worth about $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Kestra Investment Management LLC purchased a new stake in shares of O’Reilly Automotive during the 4th quarter worth approximately $32,000. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Finally, Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive in the third quarter valued at approximately $41,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction that occurred on 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 sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jason Lee Tarrant sold 1,992 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the sale, the executive vice president now directly owns 1,398 shares of the company’s stock, valued at $1,872,061.80. This represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,894 shares of company stock worth $10,409,618 over the last quarter. Insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ORLY shares. UBS Group lifted their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wedbush boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. DA Davidson lifted their price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,390.81.

O’Reilly Automotive Stock Performance

ORLY opened at $1,353.46 on Friday. The stock has a market capitalization of $78.14 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.34 and a beta of 0.94. The company has a fifty day moving average of $1,261.51 and a 200 day moving average of $1,207.86. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,359.19.

O’Reilly Automotive (NASDAQ:ORLY) last posted its 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 net margin of 14.28% and a negative return on equity of 166.88%. On average, equities research 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.