OLD National Bancorp IN Sells 569 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

OLD National Bancorp IN lessened its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 65.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 294 shares of the specialty retailer’s stock after selling 569 shares during the period. OLD National Bancorp IN’s holdings in O’Reilly Automotive were worth $279,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Steward Financial Group LLC increased its stake in O’Reilly Automotive by 141.7% in the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 17 shares in the last quarter. Carmel Capital Partners LLC boosted its stake in O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 35 shares during the period. Arlington Trust Co LLC bought a new position in O’Reilly Automotive during the 3rd quarter worth about $39,000. Washington Trust Advisors Inc. raised its stake in shares of O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares during the period. Finally, Financial Management Professionals Inc. lifted its holdings in shares of O’Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 13 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Activity

In other news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, SVP Jeffrey Alan Lauro sold 431 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now directly owns 950 shares of the company’s stock, valued at approximately $987,316. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,054.13 on Friday. The firm has a 50-day moving average of $1,097.34 and a 200-day moving average of $1,014.62. The stock has a market cap of $62.23 billion, a PE ratio of 26.75, a PEG ratio of 1.98 and a beta of 0.86. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 139.08%. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $8.28 earnings per share. Equities research analysts predict that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Wells Fargo & Company reduced their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday. Truist Financial boosted their target price on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Royal Bank of Canada boosted their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Wedbush restated a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a report on Thursday. Finally, Barclays boosted their target price on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,108.94.

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.