Triasima Portfolio Management inc. Purchases Shares of 200 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Triasima Portfolio Management inc. acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 200 shares of the specialty retailer’s stock, valued at approximately $237,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AlphaMark Advisors LLC purchased a new position in O’Reilly Automotive in the fourth quarter worth $30,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC grew its stake 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 buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive during the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in O’Reilly Automotive in the third quarter valued at about $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $1,316.75 on Friday. The stock has a market capitalization of $76.02 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 2.40 and a beta of 0.94. The firm’s 50 day simple moving average is $1,240.65 and its 200-day simple moving average is $1,185.54. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. Analysts anticipate that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wedbush boosted their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday. DA Davidson boosted their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research report on Friday. Guggenheim lifted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research note on Friday. BMO Capital Markets initiated coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price objective on the stock. Finally, JPMorgan Chase & Co. raised their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Two 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 data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $1,374.88.

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.