Fisher Asset Management LLC Sells 98 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Fisher Asset Management LLC decreased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 19.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 412 shares of the specialty retailer’s stock after selling 98 shares during the period. Fisher Asset Management LLC’s holdings in O’Reilly Automotive were worth $392,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Washington Trust Advisors Inc. boosted its holdings in O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 13 shares during the last quarter. Financial Management Professionals Inc. boosted its holdings in O’Reilly Automotive by 29.5% during the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares during the last quarter. First Financial Corp IN boosted its holdings in O’Reilly Automotive by 38.6% during the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock worth $58,000 after purchasing an additional 17 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC boosted its holdings in O’Reilly Automotive by 81.1% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 30 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in O’Reilly Automotive by 28.6% during the fourth quarter. Venturi Wealth Management LLC now owns 81 shares of the specialty retailer’s stock worth $77,000 after purchasing an additional 18 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $1,083.52 on Tuesday. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm has a market cap of $63.81 billion, a price-to-earnings ratio of 27.50, a P/E/G ratio of 1.98 and a beta of 0.89. The firm’s 50-day simple moving average is $1,020.10 and its 200 day simple moving average is $1,031.76.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period last year, the firm earned $8.28 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.2% compared to the same quarter last year. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Insider Buying and Selling

In related news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the transaction, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Analysts Set New Price Targets

ORLY has been the subject of several recent research reports. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. UBS Group increased their price target on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Mizuho began coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. Finally, Evercore ISI increased their price target on shares of O’Reilly Automotive from $1,265.00 to $1,275.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,123.64.

About O’Reilly Automotive

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.