180 Wealth Advisors LLC Takes Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

180 Wealth Advisors LLC acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 1st quarter, HoldingsChannel reports. The firm acquired 273 shares of the specialty retailer’s stock, valued at approximately $308,000.

Several other institutional investors and hedge funds have also bought and sold shares of ORLY. Paralel Advisors LLC raised its stake in shares of O’Reilly Automotive by 1.2% during the 3rd quarter. Paralel Advisors LLC now owns 2,253 shares of the specialty retailer’s stock valued at $2,048,000 after purchasing an additional 26 shares during the period. Mutual Advisors LLC boosted its stake in O’Reilly Automotive by 119.4% in the third quarter. Mutual Advisors LLC now owns 825 shares of the specialty retailer’s stock worth $750,000 after buying an additional 449 shares in the last quarter. Teza Capital Management LLC grew its holdings in shares of O’Reilly Automotive by 279.8% during the 3rd quarter. Teza Capital Management LLC now owns 2,446 shares of the specialty retailer’s stock valued at $2,223,000 after purchasing an additional 1,802 shares during the last quarter. Sherbrooke Park Advisers LLC purchased a new position in shares of O’Reilly Automotive in the third quarter worth about $818,000. Finally, Eventide Asset Management LLC increased its stake in O’Reilly Automotive by 1.0% in the 3rd quarter. Eventide Asset Management LLC now owns 30,732 shares of the specialty retailer’s stock worth $27,931,000 after purchasing an additional 290 shares during the period. 85.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ORLY shares. UBS Group increased their price target on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Truist Financial decreased their target price on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a report on Friday, April 26th. Evercore ISI lifted their price target on shares of O’Reilly Automotive from $1,265.00 to $1,275.00 and gave the company an “outperform” rating in a report on Thursday, June 20th. Finally, StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,123.64.

Insider Buying and Selling at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Stock Performance

Shares of ORLY traded up $3.74 during mid-day trading on Friday, reaching $1,061.16. The company had a trading volume of 94,812 shares, compared to its average volume of 395,271. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The company has a market capitalization of $62.49 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 1.93 and a beta of 0.89. The firm has a 50-day moving average price of $1,018.58 and a 200 day moving average price of $1,032.68.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $8.28 earnings per share. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.

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.