O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Arizona State Retirement System

Arizona State Retirement System reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,681 shares of the specialty retailer’s stock after selling 190 shares during the period. Arizona State Retirement System’s holdings in O’Reilly Automotive were worth $19,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in ORLY. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive during the 3rd quarter worth $32,000. Kestra Investment Management LLC bought a new position in O’Reilly Automotive during the 4th quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive during the 3rd quarter worth $37,000. Finally, Retirement Wealth Solutions LLC bought a new position in O’Reilly Automotive during the 4th quarter worth $46,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. BMO Capital Markets upped 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 note on Monday, February 10th. Royal Bank of Canada upped their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Wedbush raised their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Finally, UBS Group raised their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Three investment 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,390.81.

O’Reilly Automotive Stock Down 1.3 %

NASDAQ:ORLY opened at $1,339.67 on Thursday. The business’s 50-day moving average price is $1,273.03 and its 200 day moving average price is $1,215.23. The firm has a market cap of $77.34 billion, a P/E ratio of 32.95, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the firm’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 of the company’s stock, valued at $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is owned by corporate insiders.

O’Reilly Automotive Company 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.