O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 477 shares of the specialty retailer’s stock after acquiring an additional 60 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in O’Reilly Automotive were worth $563,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. AlphaMark Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at approximately $30,000. Kestra Investment Management LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth $32,000. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter valued at $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $37,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of O’Reilly Automotive during the 4th quarter worth $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Jason Lee Tarrant sold 1,992 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the completion of the transaction, the executive vice president now directly owns 1,398 shares in the company, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock worth $10,409,618 over the last 90 days. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,356.77 on Wednesday. The stock has a market capitalization of $78.33 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The business has a 50-day moving average of $1,270.67 and a 200 day moving average of $1,214.35. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate 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%. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on ORLY. Barclays upped their price objective on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Mizuho increased their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Wedbush raised their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Evercore ISI upped their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, BMO Capital Markets increased their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Three 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 a consensus target price of $1,390.81.

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.