Envestnet Portfolio Solutions Inc. Sells 643 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Envestnet Portfolio Solutions Inc. cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 10.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,561 shares of the specialty retailer’s stock after selling 643 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in O’Reilly Automotive were worth $5,283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. boosted its holdings in O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after buying an additional 13 shares during the period. Financial Management Professionals Inc. grew its position in shares of O’Reilly Automotive by 29.5% during the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares in the last quarter. First Financial Corp IN raised its stake in O’Reilly Automotive by 38.6% during the 4th quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock valued at $58,000 after purchasing an additional 17 shares during the period. Venturi Wealth Management LLC lifted its holdings in O’Reilly Automotive by 57.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 63 shares of the specialty retailer’s stock worth $57,000 after purchasing an additional 23 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC boosted its stake in O’Reilly Automotive by 81.1% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 30 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other news, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the sale, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,300 shares of company stock valued at $27,524,597. 1.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wells Fargo & Company dropped their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. UBS Group increased their price target on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Evercore ISI decreased their price objective on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Truist Financial cut their target price on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a report on Friday, April 26th. Finally, Mizuho initiated coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,118.29.

Check Out Our Latest Analysis on O’Reilly Automotive

O’Reilly Automotive Stock Down 0.6 %

Shares of NASDAQ:ORLY opened at $1,012.75 on Tuesday. The company has a market capitalization of $59.64 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 1.92 and a beta of 0.90. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm has a 50 day moving average of $1,087.85 and a 200 day moving average of $1,024.52.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. O’Reilly Automotive’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $8.28 EPS. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

O’Reilly Automotive Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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