Vise Technologies Inc. Invests $202,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vise Technologies Inc. acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 213 shares of the specialty retailer’s stock, valued at approximately $202,000.

A number of other institutional investors have also recently made changes to their positions in ORLY. International Assets Investment Management LLC raised its holdings in shares of O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after buying an additional 652,924 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of O’Reilly Automotive in the third quarter valued at about $198,365,000. Assenagon Asset Management S.A. raised its stake in shares of O’Reilly Automotive by 269.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock worth $205,965,000 after purchasing an additional 158,075 shares during the last quarter. Loomis Sayles & Co. L P lifted its holdings in shares of O’Reilly Automotive by 360,914.3% during the third quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock worth $137,807,000 after purchasing an additional 151,584 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in O’Reilly Automotive by 47.4% in the third quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer’s stock valued at $194,176,000 after buying an additional 68,728 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock traded down $2.47 during mid-day trading on Thursday, reaching $1,007.91. 95,369 shares of the company were exchanged, compared to its average volume of 374,474. The firm’s 50-day simple moving average is $1,083.66 and its two-hundred day simple moving average is $1,025.64. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The firm has a market cap of $59.36 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90.

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. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business earned $8.28 EPS. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ORLY shares. Mizuho assumed 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 price target for the company. Truist Financial decreased their target price on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a research report on Friday, April 26th. The Goldman Sachs Group increased their price target on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. UBS Group raised their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Finally, Evercore ISI boosted their price target on O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,123.64.

Insider Transactions at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. In the last three months, insiders sold 26,300 shares of company stock valued at $27,524,597. Corporate insiders own 1.18% of the company’s stock.

O’Reilly Automotive 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.