Paradiem LLC Reduces Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Paradiem LLC lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,109 shares of the specialty retailer’s stock after selling 213 shares during the period. O’Reilly Automotive comprises approximately 1.6% of Paradiem LLC’s investment portfolio, making the stock its 28th biggest position. Paradiem LLC’s holdings in O’Reilly Automotive were worth $6,058,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $32,000. Trifecta Capital Advisors LLC boosted its holdings in shares of O’Reilly Automotive by 383.3% in the third 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 period. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $41,000. Finally, Retirement Wealth Solutions LLC bought a new position in O’Reilly Automotive in the fourth quarter worth approximately $46,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $1,241.33 on Thursday. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,283.96. The firm has a market capitalization of $71.66 billion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94. The company’s fifty day moving average price is $1,223.57 and its 200-day moving average price is $1,165.62.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period in the previous year, the company posted $10.72 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 40.86 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on ORLY. DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday. Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. Barclays boosted their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 9th. Finally, Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Buy” and an average price target of $1,289.44.

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.