Clarity Capital Partners LLC Makes New $395,000 Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Clarity Capital Partners LLC acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 416 shares of the specialty retailer’s stock, valued at approximately $395,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quarry LP lifted its holdings in shares of O’Reilly Automotive by 65.3% during the fourth quarter. Quarry LP now owns 81 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 32 shares in the last quarter. Sanibel Captiva Trust Company Inc. bought a new position in O’Reilly Automotive during the 4th quarter valued at about $12,416,000. Profund Advisors LLC boosted its holdings in shares of O’Reilly Automotive by 16.6% during the 4th quarter. Profund Advisors LLC now owns 5,868 shares of the specialty retailer’s stock valued at $5,575,000 after acquiring an additional 834 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of O’Reilly Automotive by 12.0% during the 4th quarter. Baird Financial Group Inc. now owns 394,714 shares of the specialty retailer’s stock valued at $375,010,000 after acquiring an additional 42,379 shares during the last quarter. Finally, Bayesian Capital Management LP bought a new stake in shares of O’Reilly Automotive in the fourth quarter worth approximately $4,454,000. Institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the transaction, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

O’Reilly Automotive Price Performance

Shares of ORLY stock traded up $11.53 on Friday, hitting $1,007.31. 538,983 shares of the stock traded hands, compared to its average volume of 390,893. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm has a 50 day simple moving average of $1,022.55 and a two-hundred day simple moving average of $1,027.24. The firm has a market cap of $59.32 billion, a price-to-earnings ratio of 25.57, a PEG ratio of 1.84 and a beta of 0.89.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. O’Reilly Automotive’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $8.28 EPS. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ORLY. Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the stock an “outperform” rating in a report on Tuesday, May 14th. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. UBS Group increased their target price 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. Truist Financial dropped their target price on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Finally, Mizuho started coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus price target of $1,123.64.

Read Our Latest Report on ORLY

O’Reilly Automotive Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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