Foster Victor Wealth Advisors LLC Increases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Foster Victor Wealth Advisors LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,851 shares of the specialty retailer’s stock after purchasing an additional 433 shares during the quarter. O’Reilly Automotive comprises about 1.5% of Foster Victor Wealth Advisors LLC’s portfolio, making the stock its 15th biggest position. Foster Victor Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $19,287,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive in the third quarter worth about $32,000. Trifecta Capital Advisors LLC grew its holdings in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive during the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at about $41,000. 85.00% of the stock is owned by institutional investors.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Trading Down 0.3 %

NASDAQ ORLY opened at $1,278.34 on Wednesday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,289.93. The company has a fifty day simple moving average of $1,228.05 and a two-hundred day simple moving average of $1,173.92. The stock has a market cap of $73.80 billion, a P/E ratio of 31.63, a P/E/G ratio of 2.30 and a beta of 0.94.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of recent research reports. Barclays increased their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Truist Financial upped their price objective on 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. Finally, StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Two equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $1,301.82.

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.