Values First Advisors Inc. Grows Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Values First Advisors Inc. increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 24.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 520 shares of the specialty retailer’s stock after acquiring an additional 101 shares during the quarter. Values First Advisors Inc.’s holdings in O’Reilly Automotive were worth $494,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC purchased a new stake in O’Reilly Automotive in the 2nd quarter worth approximately $25,000. Steward Financial Group LLC boosted its stake in O’Reilly Automotive by 141.7% in the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 17 shares during the period. Ancora Advisors LLC bought a new position in O’Reilly Automotive in the 4th quarter worth approximately $30,000. Householder Group Estate & Retirement Specialist LLC bought a new position in O’Reilly Automotive in the 3rd quarter worth approximately $34,000. Finally, Carmel Capital Partners LLC boosted its position in shares of O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 35 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock traded down $6.64 during trading hours on Thursday, hitting $1,128.88. The company’s stock had a trading volume of 292,987 shares, compared to its average volume of 381,275. O’Reilly Automotive, Inc. has a twelve month low of $821.61 and a twelve month high of $1,169.11. The firm has a fifty day moving average of $1,069.88 and a 200-day moving average of $988.83. The stock has a market cap of $66.65 billion, a price-to-earnings ratio of 29.34, a P/E/G ratio of 2.06 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the prior year, the company posted $8.37 EPS. The company’s quarterly revenue was up 5.1% on a year-over-year basis. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at approximately $228,141,159.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,500 shares of the company’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,468 shares of company stock worth $28,769,333. 1.55% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ORLY shares. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Monday. Barclays lifted their target price on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. The Goldman Sachs Group lifted their price target on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, Truist Financial lifted their price target on O’Reilly Automotive from $1,080.00 to $1,149.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,085.47.

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.