AEGON ASSET MANAGEMENT UK Plc Sells 41,802 Shares of O’Reilly Automotive, Inc. $ORLY

AEGON ASSET MANAGEMENT UK Plc reduced its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 19.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 170,070 shares of the specialty retailer’s stock after selling 41,802 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in O’Reilly Automotive were worth $18,334,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. True Wealth Design LLC raised its position in shares of O’Reilly Automotive by 127.7% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 152 shares in the last quarter. Oakworth Capital Inc. grew its stake in O’Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 264 shares during the period. HighMark Wealth Management LLC grew its stake in O’Reilly Automotive by 1,400.0% in the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the period. Canton Hathaway LLC raised its holdings in O’Reilly Automotive by 1,400.0% in the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares in the last quarter. Finally, Westfuller Advisors LLC purchased a new position in O’Reilly Automotive during the third quarter valued at $32,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORLY has been the topic of a number of research reports. Mizuho set a $112.00 target price on shares of O’Reilly Automotive in a report on Monday, October 20th. Raymond James Financial raised shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research report on Wednesday, November 5th. Morgan Stanley set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Thursday, January 15th. UBS Group reaffirmed a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Finally, Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $111.80.

O’Reilly Automotive Trading Up 0.4%

Shares of ORLY opened at $99.23 on Monday. The business’s fifty day simple moving average is $95.42 and its two-hundred day simple moving average is $98.83. O’Reilly Automotive, Inc. has a 12 month low of $82.90 and a 12 month high of $108.71. The company has a market cap of $83.76 billion, a price-to-earnings ratio of 34.38, a P/E/G ratio of 2.11 and a beta of 0.63.

Insider Buying and Selling

In other news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total transaction of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at $485,190. The trade was a 42.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 8,980 shares of company stock worth $882,335. 1.01% of the stock is owned by corporate insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.