Kingsview Wealth Management LLC Purchases 34 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kingsview Wealth Management LLC grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 223 shares of the specialty retailer’s stock after buying an additional 34 shares during the quarter. Kingsview Wealth Management LLC’s holdings in O’Reilly Automotive were worth $264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in ORLY. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive in the third quarter worth $32,000. Trifecta Capital Advisors LLC increased its position in shares of O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of O’Reilly Automotive in the third quarter worth $37,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive in the third quarter worth $41,000. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In related news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,968 shares of company stock valued at $2,492,394 over the last ninety days. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,318.80 on Friday. The stock’s 50 day moving average is $1,248.55 and its 200 day moving average is $1,194.23. The firm has a market cap of $76.13 billion, a P/E ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Mizuho lifted their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. UBS Group lifted their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, BMO Capital Markets lifted their target price on 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. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus price target of $1,390.81.

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.