Knuff & Co LLC Invests $58,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Knuff & Co LLC bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 49 shares of the specialty retailer’s stock, valued at approximately $58,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sequoia Financial Advisors LLC lifted its position in shares of O’Reilly Automotive by 1.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,065 shares of the specialty retailer’s stock worth $2,449,000 after purchasing an additional 32 shares during the period. Saturna Capital Corp lifted its position in shares of O’Reilly Automotive by 0.3% in the 4th quarter. Saturna Capital Corp now owns 3,803 shares of the specialty retailer’s stock worth $4,510,000 after purchasing an additional 12 shares during the period. HighTower Advisors LLC lifted its position in shares of O’Reilly Automotive by 3.8% in the 4th quarter. HighTower Advisors LLC now owns 24,395 shares of the specialty retailer’s stock worth $28,927,000 after purchasing an additional 882 shares during the period. Moors & Cabot Inc. lifted its position in shares of O’Reilly Automotive by 6.2% in the 4th quarter. Moors & Cabot Inc. now owns 977 shares of the specialty retailer’s stock worth $1,159,000 after purchasing an additional 57 shares during the period. Finally, Wealthfront Advisers LLC lifted its position in shares of O’Reilly Automotive by 228.2% in the 4th quarter. Wealthfront Advisers LLC now owns 26,290 shares of the specialty retailer’s stock worth $31,175,000 after purchasing an additional 18,279 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Down 1.7 %

Shares of ORLY stock opened at $1,324.06 on Wednesday. The company has a 50 day moving average price of $1,284.05 and a 200-day moving average price of $1,221.60. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05. The firm has a market capitalization of $75.83 billion, a PE ratio of 32.56, a P/E/G ratio of 2.34 and a beta of 0.91.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Evercore ISI lifted their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Wedbush lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. UBS Group lifted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $1,390.81.

Insider Transactions at O’Reilly Automotive

In related news, Chairman Gregory L. Henslee sold 3,073 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the transaction, the chairman now owns 11,397 shares of the company’s stock, valued at approximately $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 248 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the completion of the transaction, the director now directly owns 452 shares in the company, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock worth $10,409,618 over the last three months. 1.18% of the stock is currently owned by company insiders.

O’Reilly Automotive Company Profile

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.