Paradiem LLC Decreases Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Paradiem LLC lowered its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,545 shares of the specialty retailer’s stock after selling 422 shares during the period. Paradiem LLC’s holdings in O’Reilly Automotive were worth $3,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ORLY. Steward Financial Group LLC lifted its holdings in O’Reilly Automotive by 141.7% in the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 17 shares in the last quarter. Carmel Capital Partners LLC lifted its holdings in O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 35 shares in the last quarter. Arlington Trust Co LLC purchased a new position in O’Reilly Automotive in the 3rd quarter valued at $39,000. Washington Trust Advisors Inc. lifted its holdings in O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its holdings in O’Reilly Automotive by 29.5% in the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock valued at $27,269,333 in the last three months. 1.55% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Barclays raised their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Mizuho began coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Wedbush reiterated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday. Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Finally, StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $1,106.31.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY traded down $10.20 during midday trading on Friday, reaching $1,043.93. 335,739 shares of the company’s stock were exchanged, compared to its average volume of 330,021. The stock has a market cap of $61.62 billion, a price-to-earnings ratio of 26.50, a P/E/G ratio of 1.91 and a beta of 0.86. The firm’s 50 day simple moving average is $1,097.20 and its two-hundred day simple moving average is $1,016.19. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. O’Reilly Automotive’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $8.28 EPS. Equities research analysts predict that O’Reilly Automotive, Inc. will post 41.79 earnings per share for the current fiscal 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.