Mediolanum International Funds Ltd Sells 10,282 Shares of O’Reilly Automotive, Inc. $ORLY

Mediolanum International Funds Ltd lowered its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 43.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,463 shares of the specialty retailer’s stock after selling 10,282 shares during the period. Mediolanum International Funds Ltd’s holdings in O’Reilly Automotive were worth $1,448,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in ORLY. Canton Hathaway LLC lifted its position in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the period. Nemes Rush Group LLC increased its holdings in O’Reilly Automotive by 1,400.0% during the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 294 shares during the period. True Wealth Design LLC increased its holdings in O’Reilly Automotive by 127.7% during the third quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 152 shares during the period. Aspect Partners LLC raised its stake in O’Reilly Automotive by 3,036.4% in the second quarter. Aspect Partners LLC now owns 345 shares of the specialty retailer’s stock worth $31,000 after buying an additional 334 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its holdings in O’Reilly Automotive by 1,400.0% during the second quarter. Bell Investment Advisors Inc now owns 345 shares of the specialty retailer’s stock worth $31,000 after buying an additional 322 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. This trade represents a 98.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the sale, the senior vice president directly owned 4,792 shares of the company’s stock, valued at approximately $485,190. This represents a 42.21% decrease in their position. The SEC filing for this sale provides additional information. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Trading Down 0.9%

NASDAQ:ORLY opened at $97.10 on Wednesday. O’Reilly Automotive, Inc. has a twelve month low of $85.55 and a twelve month high of $108.71. The company has a market cap of $81.96 billion, a PE ratio of 33.64, a P/E/G ratio of 2.08 and a beta of 0.62. The company’s 50 day moving average is $95.38 and its two-hundred day moving average is $99.19.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Morgan Stanley set a $110.00 price target on O’Reilly Automotive and gave the company an “overweight” rating in a report on Thursday, January 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of O’Reilly Automotive in a research note on Friday. DA Davidson reiterated a “buy” rating and issued a $110.00 target price on shares of O’Reilly Automotive in a report on Tuesday. Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a research report on Monday, October 27th. Finally, Robert W. Baird raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and a consensus price target of $111.60.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.