GPS Wealth Strategies Group LLC Sells 31 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

GPS Wealth Strategies Group LLC cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 31.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67 shares of the specialty retailer’s stock after selling 31 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in O’Reilly Automotive were worth $79,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its stake in O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after purchasing an additional 24,135 shares in the last quarter. International Assets Investment Management LLC grew its stake in O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after buying an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after buying an additional 133,139 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its stake in O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after buying an additional 482,670 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Andrea Weiss sold 600 shares of the firm’s 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 owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value 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. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,316.06 on Tuesday. The business’s 50 day moving average price is $1,233.49 and its 200-day moving average price is $1,179.29. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,318.00. The firm has a market capitalization of $75.98 billion, a PE ratio of 32.56, a P/E/G ratio of 2.40 and a beta of 0.94.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Barclays boosted their price target on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 9th. Guggenheim raised their price target on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a report on Friday, January 24th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Evercore ISI increased their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Finally, BMO Capital Markets assumed coverage on O’Reilly Automotive in a research report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Buy” and an average price target of $1,301.82.

O’Reilly Automotive Company Profile

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.