Montag A & Associates Inc. Sells 19 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Montag A & Associates Inc. decreased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 1.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,256 shares of the specialty retailer’s stock after selling 19 shares during the period. Montag A & Associates Inc.’s holdings in O’Reilly Automotive were worth $1,193,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fortune Financial Advisors LLC grew its position in shares of O’Reilly Automotive by 2.4% in the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock valued at $2,325,000 after purchasing an additional 57 shares during the last quarter. SignalPoint Asset Management LLC grew its position in shares of O’Reilly Automotive by 3.3% in the fourth quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after purchasing an additional 1,642 shares during the last quarter. Duality Advisers LP acquired a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $924,000. NewEdge Wealth LLC grew its position in shares of O’Reilly Automotive by 13.6% in the fourth quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock valued at $32,509,000 after purchasing an additional 4,101 shares during the last quarter. Finally, HB Wealth Management LLC grew its position in shares of O’Reilly Automotive by 7.0% in the fourth quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock valued at $1,660,000 after purchasing an additional 114 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY traded down $11.39 during trading hours on Friday, reaching $1,019.33. The stock had a trading volume of 282,761 shares, compared to its average volume of 393,681. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The stock has a market capitalization of $60.17 billion, a PE ratio of 25.87, a PEG ratio of 1.91 and a beta of 0.90. The company’s 50-day moving average is $1,089.17 and its two-hundred day moving average is $1,021.45.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion during 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%. O’Reilly Automotive’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $8.28 EPS. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the 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 sale, the chief financial officer now 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 32,000 shares of company stock valued at $33,391,813 in the last three months. Insiders own 1.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ORLY. Evercore ISI decreased their target price on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. Mizuho began coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Royal Bank of Canada increased their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Finally, Truist Financial reduced their price target on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,110.07.

Get Our Latest Analysis on ORLY

O’Reilly Automotive Profile

(Free Report)

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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