Transcend Capital Advisors LLC Sells 55 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Transcend Capital Advisors LLC lowered its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 618 shares of the specialty retailer’s stock after selling 55 shares during the period. Transcend Capital Advisors LLC’s holdings in O’Reilly Automotive were worth $587,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ORLY. Mogy Joel R Investment Counsel Inc. increased its stake in O’Reilly Automotive by 23.7% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 5,159 shares of the specialty retailer’s stock worth $4,901,000 after purchasing an additional 989 shares in the last quarter. Dohj LLC increased its position in shares of O’Reilly Automotive by 18.6% during the fourth quarter. Dohj LLC now owns 345 shares of the specialty retailer’s stock worth $328,000 after acquiring an additional 54 shares in the last quarter. Valmark Advisers Inc. raised its holdings in shares of O’Reilly Automotive by 5.3% during the fourth quarter. Valmark Advisers Inc. now owns 277 shares of the specialty retailer’s stock worth $263,000 after acquiring an additional 14 shares during the period. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $355,000. Finally, Citizens Financial Group Inc. RI lifted its position in O’Reilly Automotive by 9.2% in the 4th quarter. Citizens Financial Group Inc. RI now owns 449 shares of the specialty retailer’s stock valued at $427,000 after acquiring an additional 38 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Buying and Selling

In other news, Chairman David E. Oreilly sold 6,444 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now directly owns 205,095 shares in the company, valued at approximately $217,933,947. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,968 shares of company stock worth $27,269,333. Company insiders own 1.18% of the company’s stock.

O’Reilly Automotive Trading Down 0.7 %

Shares of ORLY opened at $1,037.04 on Tuesday. The company’s fifty day simple moving average is $1,096.92 and its 200 day simple moving average is $1,017.73. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The company has a market cap of $61.22 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.91 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $8.28 EPS. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 41.79 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ORLY shares. Mizuho began coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price for the company. Barclays increased their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. Wells Fargo & Company cut their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Finally, UBS Group lifted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,110.07.

O’Reilly Automotive 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.