178 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 178 shares of the specialty retailer’s stock, valued at approximately $211,000.

Several other hedge funds have also recently bought and sold shares of the stock. AlphaMark Advisors LLC bought a new position in shares of O’Reilly Automotive during the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive in the 3rd quarter valued at $32,000. Kestra Investment Management LLC acquired a new position in O’Reilly Automotive in the 4th quarter valued at $32,000. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive during the 3rd quarter worth $37,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $46,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the completion of the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrea Weiss sold 248 shares of O’Reilly Automotive stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total value of $325,185.04. Following the transaction, the director now directly owns 452 shares in the company, valued at $592,675.96. The trade was a 35.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Trading Down 1.3 %

Shares of O’Reilly Automotive stock opened at $1,339.67 on Thursday. The firm’s 50 day moving average is $1,273.03 and its 200 day moving average is $1,215.23. The firm has a market capitalization of $77.34 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. UBS Group lifted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Wedbush increased their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Finally, DA Davidson lifted their price objective on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,390.81.

About O’Reilly Automotive

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.