O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Versant Capital Management Inc

Versant Capital Management Inc boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 221 shares of the specialty retailer’s stock after acquiring an additional 11 shares during the period. Versant Capital Management Inc’s holdings in O’Reilly Automotive were worth $262,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. SK Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter valued at approximately $341,000. Oddo BHF Asset Management Sas purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at $1,666,000. Peapack Gladstone Financial Corp boosted its stake in shares of O’Reilly Automotive by 2.3% during the third quarter. Peapack Gladstone Financial Corp now owns 1,133 shares of the specialty retailer’s stock valued at $1,305,000 after acquiring an additional 25 shares during the last quarter. Destination Wealth Management purchased a new stake in O’Reilly Automotive during the 3rd quarter worth about $15,027,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in O’Reilly Automotive in the 3rd quarter valued at about $184,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction on 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 transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

ORLY has been the subject of a number of recent research reports. TD Cowen lifted their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Royal Bank of Canada boosted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,269.31.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,204.22 on Friday. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,283.96. The stock’s 50 day moving average price is $1,218.78 and its 200 day moving average price is $1,149.60. The firm has a market capitalization of $69.52 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter last year, the company posted $10.72 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

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.