CVA Family Office LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,846 shares of the specialty retailer’s stock after purchasing an additional 1,723 shares during the period. CVA Family Office LLC’s holdings in O’Reilly Automotive were worth $166,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of ORLY. GAMMA Investing LLC boosted its stake in shares of O’Reilly Automotive by 22.3% during the 1st quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after acquiring an additional 232 shares during the period. Golden State Wealth Management LLC boosted its position in O’Reilly Automotive by 191.1% during the first quarter. Golden State Wealth Management LLC now owns 131 shares of the specialty retailer’s stock worth $188,000 after purchasing an additional 86 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of O’Reilly Automotive by 3.4% in the first quarter. Sequoia Financial Advisors LLC now owns 2,135 shares of the specialty retailer’s stock valued at $3,059,000 after purchasing an additional 70 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of O’Reilly Automotive by 95.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 359 shares of the specialty retailer’s stock valued at $514,000 after purchasing an additional 175 shares during the last quarter. Finally, Aaron Wealth Advisors LLC raised its position in shares of O’Reilly Automotive by 10.1% in the first quarter. Aaron Wealth Advisors LLC now owns 427 shares of the specialty retailer’s stock valued at $612,000 after purchasing an additional 39 shares during the period. Institutional investors own 85.00% of the company’s stock.
Insider Activity
In related news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares in the company, valued at $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by company insiders.
O’Reilly Automotive Price Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages recently commented on ORLY. Guggenheim lifted their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a report on Wednesday, October 8th. Royal Bank Of Canada set a $110.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday. Argus assumed coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target for the company. Finally, Mizuho set a $112.00 price objective on O’Reilly Automotive in a report on Monday, October 20th. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $112.00.
View Our Latest Analysis 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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