Geneva Capital Management LLC Sells 4,329 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Geneva Capital Management LLC trimmed its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,962 shares of the specialty retailer’s stock after selling 4,329 shares during the period. Geneva Capital Management LLC owned about 0.06% of O’Reilly Automotive worth $42,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. AlphaMark Advisors LLC bought a new position in shares of O’Reilly Automotive in the fourth quarter valued at $30,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive in the third quarter valued at $32,000. Kestra Investment Management LLC bought a new position in shares of O’Reilly Automotive in the fourth quarter valued at $32,000. MidAtlantic Capital Management Inc. bought a new position in shares of O’Reilly Automotive during the third quarter valued at about $37,000. Finally, Retirement Wealth Solutions LLC bought a new position in shares of O’Reilly Automotive during the fourth quarter valued at about $46,000. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. Wedbush raised their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Wells Fargo & Company raised their price target 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. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Finally, Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

Insider Transactions at O’Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the transaction, the director now owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jason Lee Tarrant sold 1,992 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the transaction, the executive vice president now directly owns 1,398 shares of the company’s stock, valued at approximately $1,872,061.80. This represents a 58.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock worth $10,409,618 over the last quarter. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 1.3 %

ORLY opened at $1,339.67 on Thursday. The company has a market capitalization of $77.34 billion, a price-to-earnings ratio of 32.95, a PEG ratio of 2.34 and a beta of 0.94. The firm has a 50-day moving average price of $1,273.03 and a 200-day moving average price of $1,215.23. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share 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, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 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.