Aigen Investment Management LP Takes Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Aigen Investment Management LP purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 669 shares of the specialty retailer’s stock, valued at approximately $793,000.

Several other hedge funds have also recently bought and sold shares of ORLY. AlphaMark Advisors LLC purchased a new position in O’Reilly Automotive in the 4th quarter valued at approximately $30,000. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive in the 3rd quarter valued at approximately $32,000. Kestra Investment Management LLC purchased a new position in O’Reilly Automotive in the 4th quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive in the 3rd quarter valued at approximately $37,000. Finally, Retirement Wealth Solutions LLC purchased a new position in O’Reilly Automotive in the 4th quarter valued at approximately $46,000. 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, CEO Brad W. Beckham sold 833 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now owns 760 shares of the company’s stock, valued at approximately $988,000. The trade was a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jason Lee Tarrant sold 1,992 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total value 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 approximately $1,872,061.80. This trade represents a 58.76 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,894 shares of company stock worth $10,409,618. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Trading Down 0.6 %

O’Reilly Automotive stock opened at $1,331.06 on Friday. The firm has a market capitalization of $76.84 billion, a P/E ratio of 32.74, a PEG ratio of 2.34 and a beta of 0.94. The stock has a fifty day moving average price of $1,275.52 and a 200 day moving average price of $1,216.03. 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 EPS for the quarter, beating the consensus estimate 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%. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ORLY. Mizuho raised their price objective on 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. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Barclays raised their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Guggenheim raised their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, DA Davidson raised their price target on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

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.