Cetera Advisor Networks LLC Purchases 143 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cetera Advisor Networks LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,800 shares of the specialty retailer’s stock after purchasing an additional 143 shares during the quarter. Cetera Advisor Networks LLC’s holdings in O’Reilly Automotive were worth $9,311,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORLY. Avantax Advisory Services Inc. boosted its position in O’Reilly Automotive by 26.6% during the 3rd quarter. Avantax Advisory Services Inc. now owns 1,166 shares of the specialty retailer’s stock worth $1,060,000 after buying an additional 245 shares during the period. Janney Montgomery Scott LLC boosted its position in O’Reilly Automotive by 0.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 14,376 shares of the specialty retailer’s stock worth $13,066,000 after buying an additional 66 shares during the period. D.A. Davidson & CO. boosted its position in O’Reilly Automotive by 14.0% during the 3rd quarter. D.A. Davidson & CO. now owns 2,355 shares of the specialty retailer’s stock worth $2,140,000 after buying an additional 290 shares during the period. AMG National Trust Bank boosted its position in O’Reilly Automotive by 15.0% during the 3rd quarter. AMG National Trust Bank now owns 245 shares of the specialty retailer’s stock worth $223,000 after buying an additional 32 shares during the period. Finally, Van ECK Associates Corp boosted its position in O’Reilly Automotive by 10.0% during the 3rd quarter. Van ECK Associates Corp now owns 7,303 shares of the specialty retailer’s stock worth $6,637,000 after buying an additional 666 shares during the period. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares in the company, valued at $726,740. The disclosure for this sale can be found here. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $978.70 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The firm has a market cap of $57.64 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 1.80 and a beta of 0.89. The company has a fifty day moving average price of $1,035.31 and a 200-day moving average price of $1,026.92.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the prior year, the firm posted $8.28 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Evercore ISI boosted their price target on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 14th. Mizuho assumed coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target on the stock. The Goldman Sachs Group boosted their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, Wells Fargo & Company lowered their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,123.64.

Read Our Latest Stock Report on ORLY

About O’Reilly Automotive

(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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