Cornerstone Wealth Group LLC Purchases Shares of 293 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cornerstone Wealth Group LLC acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 293 shares of the specialty retailer’s stock, valued at approximately $347,000.

Several other institutional investors and hedge funds have also bought and sold shares of ORLY. Asset Dedication LLC increased its position in shares of O’Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after purchasing an additional 9 shares during the last quarter. Marks Group Wealth Management Inc increased its holdings in O’Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after buying an additional 9 shares during the last quarter. Venturi Wealth Management LLC raised its position in O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after acquiring an additional 9 shares in the last quarter. Metis Global Partners LLC lifted its stake in O’Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after acquiring an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company grew its position in shares of O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after acquiring an additional 9 shares during the period. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

ORLY has been the subject of several recent analyst reports. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Wedbush restated a “neutral” rating and issued a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. BMO Capital Markets began coverage on shares of O’Reilly Automotive in a research report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price objective for the company. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Finally, Evercore ISI upped their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $1,295.94.

O’Reilly Automotive Trading Up 2.3 %

Shares of ORLY stock opened at $1,282.53 on Tuesday. The business’s 50-day moving average price is $1,225.18 and its 200-day moving average price is $1,170.48. The firm has a market capitalization of $74.04 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,285.90.

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 on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive 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 completion of the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $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. 1.55% of the stock is currently owned by company insiders.

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.