O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 25.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,255 shares of the specialty retailer’s stock after selling 6,133 shares during the quarter. Sanctuary Advisors LLC’s holdings in O’Reilly Automotive were worth $22,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive in the 3rd quarter valued at about $32,000. Trifecta Capital Advisors LLC lifted its stake in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter worth $41,000. Finally, Kings Path Partners LLC acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter worth about $44,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares in the company, valued at $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ORLY. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. DA Davidson restated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Morgan Stanley raised their price objective on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Bank of America increased their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Wedbush restated a “neutral” rating and issued a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,248.06.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,269.72 on Friday. The stock has a market capitalization of $73.30 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 2.57 and a beta of 0.93. The company has a fifty day moving average of $1,210.82 and a 200-day moving average of $1,124.87. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,275.80.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.72 EPS. Equities analysts forecast that O’Reilly Automotive, Inc. will post 40.85 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.