J. Goldman & Co LP bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 40,322 shares of the specialty retailer’s stock, valued at approximately $3,713,000.
Several other large investors also recently bought and sold shares of the business. Tucker Asset Management LLC bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth about $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of 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 bought a new position in shares of O’Reilly Automotive in the 2nd quarter valued at about $28,000. Finally, Whipplewood Advisors LLC grew its position in O’Reilly Automotive by 1,552.6% in the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 295 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Performance
ORLY opened at $90.32 on Wednesday. The stock has a market cap of $73.07 billion, a price-to-earnings ratio of 28.76, a P/E/G ratio of 1.98 and a beta of 0.51. The stock’s 50 day moving average price is $88.92 and its 200-day moving average price is $90.93. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71.
Insider Transactions at O’Reilly Automotive
In other news, SVP Christopher Andrew Mancini sold 3,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas Hendrickson sold 1,200 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $88.32, for a total transaction of $105,984.00. Following the completion of the transaction, the director owned 19,675 shares in the company, valued at approximately $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 6,200 shares of company stock worth $568,684. 0.77% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on ORLY shares. The Goldman Sachs Group restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, August 3rd. TD Cowen cut their target price on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Wolfe Research set a $98.00 price target on O’Reilly Automotive in a report on Wednesday, July 15th. Evercore restated an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. Finally, Roth Capital reaffirmed a “buy” rating and set a $111.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.24.
Get Our Latest Stock Analysis on ORLY
About O’Reilly Automotive
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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