Nykredit A S acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 425,575 shares of the specialty retailer’s stock, valued at approximately $39,191,000. Nykredit A S owned approximately 0.05% of O’Reilly Automotive at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of ORLY. Tucker Asset Management LLC bought a new stake in shares of O’Reilly Automotive during the fourth quarter worth $26,000. Wilkerson Advisory Group LLC acquired a new position in O’Reilly Automotive during the 4th quarter valued at about $27,000. Kelleher Financial Advisors bought a new position in shares of O’Reilly Automotive in the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter worth approximately $28,000. Finally, Whipplewood Advisors LLC raised its stake in shares of O’Reilly Automotive by 1,552.6% during the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after buying an additional 295 shares during the last quarter. 85.00% of the stock is owned by institutional investors.
O’Reilly Automotive Stock Performance
Shares of ORLY opened at $87.38 on Friday. The stock has a 50 day simple moving average of $89.05 and a 200 day simple moving average of $90.63. O’Reilly Automotive, Inc. has a 52-week low of $82.59 and a 52-week high of $108.71. The firm has a market capitalization of $70.69 billion, a PE ratio of 27.83, a P/E/G ratio of 2.16 and a beta of 0.52.
Insider Buying and Selling
In other O’Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the transaction, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Mancini sold 3,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% 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 6,000 shares of company stock valued at $550,530. Company insiders own 0.77% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Roth Capital reaffirmed a “buy” rating and set a $111.00 target price on shares of O’Reilly Automotive in a report on Friday, July 31st. Citigroup reaffirmed a “buy” rating and set a $106.00 price objective (up from $104.00) on shares of O’Reilly Automotive in a research note on Monday, August 3rd. Wolfe Research set a $98.00 target price on O’Reilly Automotive in a research note on Wednesday, July 15th. Raymond James Financial restated an “outperform” rating and set a $110.00 target price on shares of O’Reilly Automotive in a report on Friday, July 31st. Finally, Wells Fargo & Company set a $100.00 price target on O’Reilly Automotive in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $107.24.
Check Out Our Latest Report on ORLY
O’Reilly Automotive Profile
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.
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