O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Keybank National Association OH

Keybank National Association OH trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,067 shares of the specialty retailer’s stock after selling 9 shares during the period. Keybank National Association OH’s holdings in O’Reilly Automotive were worth $2,451,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive during the 3rd quarter worth $32,000. Kestra Investment Management LLC purchased a new stake in O’Reilly Automotive during the 4th quarter worth $32,000. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive during the 3rd quarter worth $37,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in O’Reilly Automotive during the 4th quarter worth $46,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Brad W. Beckham sold 833 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the sale, the chief executive officer now owns 760 shares in the company, valued at $988,000. This represents 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 available through this hyperlink. Also, Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares in the company, valued at approximately $14,988,764.55. This trade represents a 21.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 over the last quarter. 1.55% of the stock is owned by company insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of research reports. Royal Bank of Canada upped their price target on shares of 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. DA Davidson upped their price target on shares of 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. Evercore ISI upped their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Barclays upped their price target on shares of 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. Finally, Mizuho upped their price objective on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,331.06 on Friday. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The company’s 50-day simple moving average is $1,275.52 and its 200-day simple moving average is $1,216.03. The stock has a market capitalization of $76.84 billion, a price-to-earnings ratio of 32.74, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping 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%. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.