Paradiem LLC Sells 422 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Paradiem LLC cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,545 shares of the specialty retailer’s stock after selling 422 shares during the quarter. Paradiem LLC’s holdings in O’Reilly Automotive were worth $3,368,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ORLY. CX Institutional grew its stake in shares of O’Reilly Automotive by 25.6% in the third quarter. CX Institutional now owns 280 shares of the specialty retailer’s stock worth $254,000 after acquiring an additional 57 shares during the period. Oak Thistle LLC bought a new stake in O’Reilly Automotive during the third quarter valued at approximately $590,000. Handelsbanken Fonder AB grew its position in O’Reilly Automotive by 2.9% during the third quarter. Handelsbanken Fonder AB now owns 23,762 shares of the specialty retailer’s stock valued at $21,596,000 after buying an additional 664 shares during the period. TFG Advisers LLC grew its position in O’Reilly Automotive by 5.1% during the third quarter. TFG Advisers LLC now owns 248 shares of the specialty retailer’s stock valued at $225,000 after buying an additional 12 shares during the period. Finally, U.S. Capital Wealth Advisors LLC grew its position in O’Reilly Automotive by 14.5% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 252 shares of the specialty retailer’s stock valued at $229,000 after buying an additional 32 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Price Performance

Shares of ORLY stock traded down $10.20 during mid-day trading on Friday, hitting $1,043.93. The company had a trading volume of 335,739 shares, compared to its average volume of 330,021. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The stock’s 50 day moving average price is $1,097.20 and its 200-day moving average price is $1,016.19. The company has a market capitalization of $61.62 billion, a P/E ratio of 26.50, a P/E/G ratio of 1.91 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the previous year, the firm earned $8.28 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 41.79 earnings per share for the current year.

Insider Buying and Selling

In related news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the sale, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,968 shares of company stock worth $27,269,333. Insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several recent research reports. Barclays boosted their target price on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research report on Thursday, January 4th. Mizuho started coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price for the company. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday. Evercore ISI lowered their price target on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $1,106.31.

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.