Harvest Fund Management Co. Ltd Sells 29 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Harvest Fund Management Co. Ltd lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 525 shares of the specialty retailer’s stock after selling 29 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in O’Reilly Automotive were worth $484,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of ORLY. International Assets Investment Management LLC lifted its holdings in shares of O’Reilly Automotive by 89,319.3% in the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after buying an additional 652,924 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in O’Reilly Automotive in the third quarter valued at about $198,365,000. Assenagon Asset Management S.A. raised its stake in O’Reilly Automotive by 269.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock valued at $205,965,000 after buying an additional 158,075 shares during the last quarter. Loomis Sayles & Co. L P raised its stake in O’Reilly Automotive by 360,914.3% in the third quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock valued at $137,807,000 after buying an additional 151,584 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in O’Reilly Automotive by 47.4% in the third quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer’s stock valued at $194,176,000 after buying an additional 68,728 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,968 shares of company stock worth $27,269,333. 1.18% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Up 0.0 %

Shares of NASDAQ ORLY traded up $0.35 during midday trading on Wednesday, hitting $1,092.70. The stock had a trading volume of 388,277 shares, compared to its average volume of 365,378. The company has a market capitalization of $64.50 billion, a PE ratio of 28.35, a P/E/G ratio of 1.98 and a beta of 0.86. The stock has a 50 day simple moving average of $1,096.35 and a 200-day simple moving average of $1,013.79. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.19. The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the business posted $8.37 earnings per share. As a group, analysts expect that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of research analyst reports. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th. Wedbush increased their price objective on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Evercore ISI cut their price objective on O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating on the stock in a report on Tuesday, April 16th. Truist Financial increased their price objective on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Finally, UBS Group increased their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,115.19.

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.