Callan Family Office LLC Buys Shares of 1,637 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Callan Family Office LLC bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,637 shares of the specialty retailer’s stock, valued at approximately $1,941,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ORLY. AlphaMark Advisors LLC bought a new stake in O’Reilly Automotive during the 4th quarter valued at $30,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Kestra Investment Management LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new position in shares of O’Reilly Automotive in the 3rd quarter worth $37,000. Finally, Retirement Wealth Solutions LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth $46,000. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,319.01 on Friday. The business’s 50-day simple moving average is $1,277.95 and its two-hundred day simple moving average is $1,217.40. The company has a market cap of $75.54 billion, a PE ratio of 32.44, a PEG ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several recent research reports. UBS Group boosted their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Wells Fargo & Company boosted their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Barclays boosted their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. BMO Capital Markets boosted their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Finally, Royal Bank of Canada boosted their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

Insider Buying and Selling at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 833 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares of the company’s stock, valued at $988,000. The trade was a 52.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,894 shares of company stock worth $10,409,618. 1.55% of the stock is currently owned by insiders.

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.