TimesSquare Capital Management LLC Sells 19,901 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

TimesSquare Capital Management LLC reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,851 shares of the specialty retailer’s stock after selling 19,901 shares during the quarter. O’Reilly Automotive comprises about 1.2% of TimesSquare Capital Management LLC’s portfolio, making the stock its 20th biggest position. TimesSquare Capital Management LLC owned 0.12% of O’Reilly Automotive worth $85,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of ORLY. AlphaMark Advisors LLC acquired a new position in O’Reilly Automotive in the fourth quarter valued at approximately $30,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive in the third quarter worth $32,000. Kestra Investment Management LLC bought a new stake in O’Reilly Automotive in the 4th quarter valued at $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $41,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on ORLY shares. TD Cowen upped their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Wells Fargo & Company upped their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Wedbush upped their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Finally, Royal Bank of Canada upped their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Stock Down 1.7 %

Shares of NASDAQ ORLY opened at $1,295.82 on Wednesday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The firm has a market cap of $74.81 billion, a PE ratio of 31.87, a P/E/G ratio of 2.35 and a beta of 0.94. The company’s fifty day simple moving average is $1,251.64 and its 200 day simple moving average is $1,198.92.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates 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%. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 44.01 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were 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 approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now owns 275 shares of the company’s stock, valued at $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,968 shares of company stock valued at $2,492,394 over the last ninety days. Corporate insiders own 1.18% of the company’s stock.

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.