First National Bank of Omaha purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the second quarter, HoldingsChannel.com reports. The firm purchased 67,335 shares of the specialty retailer’s stock, valued at approximately $6,190,000.
A number of other large investors have also recently made changes to their positions in the stock. Tucker Asset Management LLC purchased a new stake in O’Reilly Automotive in the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new position in O’Reilly Automotive during the fourth quarter valued at approximately $27,000. Kelleher Financial Advisors bought a new position in shares of O’Reilly Automotive in the second quarter worth approximately $28,000. Whipplewood Advisors LLC boosted its position in shares of O’Reilly Automotive by 1,552.6% in the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 295 shares during the period. Finally, Bell Investment Advisors Inc purchased a new stake in shares of O’Reilly Automotive in the second quarter worth $29,000. 85.00% of the stock is owned by hedge funds and other institutional investors.
O’Reilly Automotive Stock Up 0.6%
ORLY opened at $90.76 on Wednesday. The company has a market capitalization of $73.42 billion, a PE ratio of 28.90, a price-to-earnings-growth ratio of 1.99 and a beta of 0.51. The firm has a 50-day simple moving average of $88.96 and a two-hundred day simple moving average of $91.20. O’Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $108.71.
Insider Transactions at O’Reilly Automotive
In related news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $88.32, for a total value of $105,984.00. Following the sale, the director owned 19,675 shares in the company, valued at approximately $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the sale, the senior vice president directly owned 189 shares in the company, valued at approximately $17,577. The trade was a 94.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 6,200 shares of company stock valued at $568,684 in the last ninety days. Corporate insiders own 0.77% of the company’s stock.
Wall Street Analyst Weigh In
ORLY has been the topic of several recent analyst reports. Wells Fargo & Company set a $100.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of O’Reilly Automotive in a research note on Friday, April 24th. UBS Group reissued a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. Mizuho upped their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Robert W. Baird set a $100.00 target price on O’Reilly Automotive in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $107.24.
Get Our Latest Research Report on ORLY
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.
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