Achmea Investment Management B.V. grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 4.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,627 shares of the specialty retailer’s stock after purchasing an additional 288 shares during the quarter. Achmea Investment Management B.V.’s holdings in O’Reilly Automotive were worth $7,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its position in O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the period. Nations Financial Group Inc. IA ADV purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at approximately $228,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in O’Reilly Automotive by 5.7% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 801 shares of the specialty retailer’s stock worth $922,000 after buying an additional 43 shares during the period. Savvy Advisors Inc. purchased a new position in O’Reilly Automotive in the 3rd quarter valued at approximately $266,000. Finally, Haverford Trust Co raised its holdings in O’Reilly Automotive by 23.2% during the 3rd quarter. Haverford Trust Co now owns 281 shares of the specialty retailer’s stock valued at $324,000 after acquiring an additional 53 shares during the period. Institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Down 1.5 %
ORLY opened at $1,289.49 on Friday. The business’s fifty day simple moving average is $1,288.56 and its 200 day simple moving average is $1,222.68. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05. The stock has a market cap of $73.85 billion, a PE ratio of 31.71, a P/E/G ratio of 2.34 and a beta of 0.91.
Insider Buying and Selling at O’Reilly Automotive
In related news, Director Maria Sastre sold 248 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jason Lee Tarrant sold 1,992 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the completion of the sale, the executive vice president now directly owns 1,398 shares of the company’s stock, valued at $1,872,061.80. This represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,894 shares of company stock worth $10,409,618 over the last ninety days. Insiders own 1.18% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. DA Davidson upped their price target on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Wedbush increased their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Finally, UBS Group boosted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $1,390.81.
Get Our Latest Stock Report on O’Reilly Automotive
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.
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