Versor Investments LP Takes Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Versor Investments LP acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 697 shares of the specialty retailer’s stock, valued at approximately $827,000.

Several other large investors also recently made changes to their positions in ORLY. AlphaMark Advisors LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter valued at about $30,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter valued at about $32,000. Kestra Investment Management LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter valued at about $32,000. MidAtlantic Capital Management Inc. bought a new position in shares of O’Reilly Automotive during the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter valued at about $41,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,373.64 on Friday. The firm has a market capitalization of $79.30 billion, a price-to-earnings ratio of 33.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The company has a 50 day simple moving average of $1,264.60 and a 200-day simple moving average of $1,209.61. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,378.76.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate 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, analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the transaction, the chief executive officer now owns 760 shares of the company’s stock, valued at approximately $988,000. This trade represents a 52.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Gregory L. Henslee sold 3,073 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the transaction, the chairman now directly owns 11,397 shares in the company, valued at approximately $14,988,764.55. The trade was a 21.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ORLY. Wells Fargo & Company raised their price objective on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Mizuho raised their target price on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Guggenheim raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, DA Davidson raised their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,390.81.

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.