Wealth Alliance Has $394,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Wealth Alliance lowered its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 333 shares of the specialty retailer’s stock after selling 14 shares during the quarter. Wealth Alliance’s holdings in O’Reilly Automotive were worth $394,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at approximately $30,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $32,000. Kestra Investment Management LLC acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.7 %

NASDAQ:ORLY opened at $1,303.41 on Friday. The stock’s 50-day simple moving average is $1,253.69 and its 200 day simple moving average is $1,201.75. The firm has a market capitalization of $75.25 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research analyst reports. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Guggenheim increased their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. DA Davidson increased 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 note on Friday, February 7th. Truist Financial increased their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $1,390.81.

Insider Activity

In related news, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the transaction, the director now directly owns 971 shares of the company’s stock, valued at $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brad W. Beckham sold 833 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the transaction, the chief executive officer now directly owns 760 shares in the company, valued at approximately $988,000. This represents a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,201 shares of company stock valued at $2,840,852. 1.55% of the stock is currently owned by corporate 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.