Versant Capital Management Inc Buys 12 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Versant Capital Management Inc lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 210 shares of the specialty retailer’s stock after buying an additional 12 shares during the period. Versant Capital Management Inc’s holdings in O’Reilly Automotive were worth $242,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ORLY. Pinnacle Associates Ltd. grew its stake in shares of O’Reilly Automotive by 1.4% in the 1st quarter. Pinnacle Associates Ltd. now owns 726 shares of the specialty retailer’s stock worth $820,000 after acquiring an additional 10 shares in the last quarter. Industrial Alliance Investment Management Inc. grew its position in O’Reilly Automotive by 2.6% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 390 shares of the specialty retailer’s stock worth $440,000 after purchasing an additional 10 shares in the last quarter. Marcum Wealth LLC increased its stake in O’Reilly Automotive by 5.1% in the 2nd quarter. Marcum Wealth LLC now owns 206 shares of the specialty retailer’s stock valued at $218,000 after buying an additional 10 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of O’Reilly Automotive by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 352 shares of the specialty retailer’s stock worth $372,000 after buying an additional 10 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in shares of O’Reilly Automotive by 3.7% in the 1st quarter. Arkadios Wealth Advisors now owns 306 shares of the specialty retailer’s stock worth $345,000 after buying an additional 11 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the completion of the sale, the chairman now owns 13,347 shares of the company’s stock, valued at $15,049,409.85. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock valued at $56,846,062 in the last quarter. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 0.3 %

Shares of NASDAQ:ORLY opened at $1,151.42 on Tuesday. The stock has a market cap of $67.81 billion, a PE ratio of 29.22, a PEG ratio of 2.19 and a beta of 0.92. The company’s fifty day moving average is $1,129.45 and its 200 day moving average is $1,075.09. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,171.39.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The company had revenue of $4.27 billion during the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $10.22 EPS. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Truist Financial increased their price target on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Bank of America boosted their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Royal Bank of Canada lowered their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a report on Friday, July 26th. UBS Group dropped their price objective on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research note on Thursday, July 18th. Finally, Evercore ISI lifted their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus target price of $1,166.79.

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.