CreativeOne Wealth LLC Acquires 174 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

CreativeOne Wealth LLC increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 15.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,322 shares of the specialty retailer’s stock after purchasing an additional 174 shares during the quarter. CreativeOne Wealth LLC’s holdings in O’Reilly Automotive were worth $1,522,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the third quarter worth $32,000. Trifecta Capital Advisors LLC raised its stake in shares of O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive in the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive during the 3rd quarter worth approximately $41,000. Finally, Kings Path Partners LLC purchased a new stake in shares of O’Reilly Automotive in the 2nd quarter valued at $44,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 0.0 %

NASDAQ:ORLY opened at $1,244.01 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30. The stock’s fifty day moving average is $1,188.64 and its two-hundred day moving average is $1,107.23. The stock has a market capitalization of $71.82 billion, a price-to-earnings ratio of 30.78, a price-to-earnings-growth ratio of 2.52 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the previous year, the company posted $10.72 EPS. O’Reilly Automotive’s revenue was up 3.8% on a year-over-year basis. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ORLY. TD Cowen lifted their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. lifted their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Wedbush reaffirmed a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, Evercore ISI boosted their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

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.