Certuity LLC Sells 22 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Certuity LLC cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 320 shares of the specialty retailer’s stock after selling 22 shares during the period. Certuity LLC’s holdings in O’Reilly Automotive were worth $338,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ORLY. Nordea Investment Management AB grew its stake in shares of O’Reilly Automotive by 3.8% during the 1st quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock valued at $68,327,000 after acquiring an additional 2,214 shares during the period. Bank Pictet & Cie Asia Ltd. bought a new position in shares of O’Reilly Automotive in the second quarter worth approximately $800,000. O Shaughnessy Asset Management LLC increased its stake in shares of O’Reilly Automotive by 5.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock worth $16,723,000 after purchasing an additional 701 shares in the last quarter. Perpetual Ltd raised its position in shares of O’Reilly Automotive by 322.6% during the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock valued at $1,289,000 after purchasing an additional 871 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of O’Reilly Automotive by 656.2% during the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after buying an additional 397,108 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.6 %

ORLY stock opened at $1,119.18 on Monday. The stock has a market cap of $64.92 billion, a PE ratio of 28.41, a P/E/G ratio of 2.13 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The company has a 50-day moving average price of $1,091.92 and a 200 day moving average price of $1,069.05.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter last year, the firm earned $10.22 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 41.13 EPS for the current year.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of analyst reports. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Evercore ISI upped their price objective on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Bank of America lifted their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. UBS Group dropped their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research note on Thursday, July 18th. Finally, DA Davidson lifted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $1,144.06.

Insider Buying and Selling at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the transaction, the chairman now directly owns 13,347 shares of the company’s stock, valued at $15,049,409.85. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the completion of the sale, the chairman now directly owns 13,347 shares in the company, valued at approximately $15,049,409.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dana Perlman sold 48 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the transaction, the director now owns 1,097 shares in the company, valued at approximately $1,217,406.72. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock valued at $56,846,062 in the last quarter. 1.55% of the stock is owned by insiders.

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.