Banque Cantonale Vaudoise Acquires New Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Banque Cantonale Vaudoise bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 784 shares of the specialty retailer’s stock, valued at approximately $885,000.

A number of other institutional investors also recently modified their holdings of the stock. Rise Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the first quarter worth $36,000. Washington Trust Advisors Inc. grew its stake in shares of O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 13 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in O’Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after buying an additional 13 shares during the last quarter. First Financial Corp IN increased its holdings in O’Reilly Automotive by 38.6% in the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock worth $58,000 after buying an additional 17 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC raised its position in O’Reilly Automotive by 81.1% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock valued at $63,000 after acquiring an additional 30 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity

In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the transaction, the chief executive officer now owns 716 shares in the company, valued at approximately $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction 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 $726,740. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the sale, the director now directly owns 31,613 shares in the company, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Up 0.1 %

Shares of ORLY opened at $1,081.79 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The firm has a market capitalization of $63.71 billion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 1.98 and a beta of 0.89. The stock’s 50-day moving average price is $1,019.81 and its 200 day moving average price is $1,030.16.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $8.28 EPS. Equities research analysts expect that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on ORLY. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. UBS Group boosted their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Mizuho began coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target on the stock. Evercore ISI upped their price objective on shares of O’Reilly Automotive from $1,265.00 to $1,275.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Wells Fargo & Company dropped their target price on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,123.64.

O’Reilly Automotive 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.