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

Birchcreek Wealth Management LLC purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 182 shares of the specialty retailer’s stock, valued at approximately $210,000.

Several other institutional investors and hedge funds also recently modified their holdings of ORLY. Trifecta Capital Advisors LLC raised its position 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 valued at $33,000 after buying an additional 23 shares during the last quarter. Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $43,000. Kings Path Partners LLC acquired a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $44,000. Finally, ORG Partners LLC acquired a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $48,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other news, Chairman David E. Oreilly sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the transaction, the chairman now directly owns 183,583 shares of the company’s stock, valued at $205,407,347.04. This trade represents a 0.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,322 shares of company stock worth $18,280,698. Company insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on ORLY shares. Wedbush reaffirmed a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Truist Financial boosted their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. UBS Group decreased their target price on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research note on Thursday, July 18th. Morgan Stanley upped their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Finally, DA Davidson restated a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Price Performance

ORLY stock traded up $0.60 on Friday, reaching $1,225.00. 18,675 shares of the company were exchanged, compared to its average volume of 373,422. The firm has a market capitalization of $70.72 billion, a PE ratio of 30.29, a PEG ratio of 2.51 and a beta of 0.92. The stock’s fifty day moving average price is $1,167.21 and its 200 day moving average price is $1,092.14. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30.

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

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.