O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 477 shares of the specialty retailer’s stock after buying an additional 60 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in O’Reilly Automotive were worth $563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in ORLY. AlphaMark Advisors LLC purchased a new stake in O’Reilly Automotive during the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive during the third quarter worth approximately $32,000. Kestra Investment Management LLC acquired a new stake in O’Reilly Automotive during the fourth quarter worth approximately $32,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter worth approximately $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter valued at $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Chairman Gregory L. Henslee sold 3,073 shares of O’Reilly Automotive stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the completion of the transaction, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. The trade was a 21.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Brad W. Beckham sold 833 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at approximately $988,000. The trade was a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,894 shares of company stock worth $10,409,618. 1.55% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages recently commented on ORLY. Wedbush lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Barclays lifted their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Evercore ISI upped their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. UBS Group raised their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Finally, BMO Capital Markets boosted their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,356.77 on Wednesday. The stock’s 50 day moving average price is $1,270.67 and its 200 day moving average price is $1,214.35. The company has a market cap of $78.33 billion, a PE ratio of 33.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping 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, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

About O’Reilly Automotive

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.