Intelligence Driven Advisers LLC Purchases Shares of 183 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Intelligence Driven Advisers LLC bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 183 shares of the specialty retailer’s stock, valued at approximately $211,000.

Several other large investors have also made changes to their positions in the business. Tokio Marine Asset Management Co. Ltd. raised its stake in shares of O’Reilly Automotive by 17.9% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 21,065 shares of the specialty retailer’s stock worth $24,258,000 after buying an additional 3,203 shares during the period. Metis Global Partners LLC raised its stake in O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. Curi RMB Capital LLC raised its stake in O’Reilly Automotive by 12.0% in the 3rd quarter. Curi RMB Capital LLC now owns 586 shares of the specialty retailer’s stock valued at $675,000 after purchasing an additional 63 shares during the last quarter. Huntington National Bank raised its stake in O’Reilly Automotive by 25.4% in the 3rd quarter. Huntington National Bank now owns 68,117 shares of the specialty retailer’s stock valued at $78,444,000 after purchasing an additional 13,783 shares during the last quarter. Finally, Fortis Capital Management LLC raised its stake in O’Reilly Automotive by 80.1% in the 3rd quarter. Fortis Capital Management LLC now owns 4,355 shares of the specialty retailer’s stock valued at $5,015,000 after purchasing an additional 1,937 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, Director Lawrence P. Oreilly sold 13,765 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the sale, the director now directly owns 141,589 shares in the company, valued at $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 13,765 shares of O’Reilly Automotive stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at approximately $158,511,717.28. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,322 shares of company stock worth $18,280,698 over the last three months. 1.55% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on ORLY shares. JPMorgan Chase & Co. upped their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Wells Fargo & Company upped their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. Bank of America upped their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Stock Up 0.2 %

NASDAQ:ORLY traded up $2.01 during mid-day trading on Thursday, reaching $1,240.79. 45,264 shares of the stock were exchanged, compared to its average volume of 373,356. The company has a 50 day simple moving average of $1,167.21 and a 200-day simple moving average of $1,092.14. The stock has a market capitalization of $71.63 billion, a P/E ratio of 31.05, a P/E/G ratio of 2.51 and a beta of 0.92. O’Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the prior year, the business earned $10.72 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 40.81 EPS for the current 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.