O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,009 shares of the specialty retailer’s stock after selling 134 shares during the period. Dynamic Advisor Solutions LLC’s holdings in O’Reilly Automotive were worth $4,617,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Regal Investment Advisors LLC lifted its holdings in shares of O’Reilly Automotive by 8.0% in the fourth quarter. Regal Investment Advisors LLC now owns 432 shares of the specialty retailer’s stock valued at $410,000 after buying an additional 32 shares during the period. VitalStone Financial LLC acquired a new stake in O’Reilly Automotive in the 4th quarter valued at about $86,000. Symmetry Investments LP bought a new position in shares of O’Reilly Automotive during the 4th quarter valued at about $429,000. Bridgewater Associates LP grew its stake in shares of O’Reilly Automotive by 30.0% in the 4th quarter. Bridgewater Associates LP now owns 30,218 shares of the specialty retailer’s stock worth $28,710,000 after purchasing an additional 6,971 shares during the last quarter. Finally, Icon Wealth Advisors LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $423,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,167.53 on Wednesday. The company has a market capitalization of $68.76 billion, a PE ratio of 29.63, a PEG ratio of 2.19 and a beta of 0.92. The company’s 50 day moving average price is $1,130.12 and its 200 day moving average price is $1,075.00. 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 posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter in the prior year, the firm earned $10.22 earnings per share. The company’s revenue was up 5.0% on a year-over-year basis. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 41.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the sale, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction that occurred 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 transaction, the chairman now directly owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dana Perlman sold 48 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now directly owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,411 shares of company stock valued at $56,846,062 in the last three months. Insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on ORLY shares. Royal Bank of Canada reduced their target price on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a report on Friday, July 26th. Wedbush restated a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a report on Thursday, July 25th. Bank of America upped their target price on 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. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Finally, UBS Group reduced their price objective on shares of 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. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,166.79.

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.