Quintet Private Bank Europe S.A. Acquires Shares of 40 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Quintet Private Bank Europe S.A. acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 40 shares of the specialty retailer’s stock, valued at approximately $47,000.

Other hedge funds also recently bought and sold shares of the company. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive in the 4th quarter valued at about $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $32,000. Kestra Investment Management LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity

In related news, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were 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 approximately $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock valued at $10,409,618 over the last quarter. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,375.99 on Tuesday. The company’s fifty day moving average price is $1,267.97 and its 200 day moving average price is $1,212.68. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,386.36. The firm has a market capitalization of $79.44 billion, a P/E ratio of 33.84, a P/E/G ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS 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, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on ORLY. Wedbush increased 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 note on Thursday, February 6th. Guggenheim increased their price target on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. DA Davidson increased their price target on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, BMO Capital Markets increased their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $1,390.81.

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.