Edgestream Partners L.P. Has $3.16 Million Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Edgestream Partners L.P. cut its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 73.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,206 shares of the specialty retailer's stock after selling 6,047 shares during the period. Edgestream Partners L.P.'s holdings in O'Reilly Automotive were worth $3,160,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ORLY. HWG Holdings LP purchased a new position in O'Reilly Automotive in the 1st quarter worth $26,000. Lee Danner & Bass Inc. acquired a new stake in O'Reilly Automotive in the 4th quarter worth about $28,000. HighMark Wealth Management LLC boosted its holdings in shares of O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $31,000. Finally, Investment Management Corp VA ADV acquired a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $37,000. Institutional investors own 85.00% of the company's stock.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total value of $25,686.29. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $91.93, for a total transaction of $275,800.00. Following the sale, the director owned 4,560 shares of the company's stock, valued at $419,216. The trade was a 39.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,285 shares of company stock worth $3,022,386. 1.01% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. BMO Capital Markets boosted their target price on O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a research report on Friday, April 25th. Wall Street Zen upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Morgan Stanley restated an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. UBS Group raised their price objective on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a research report on Thursday, April 24th. Finally, DA Davidson raised their price objective on shares of O'Reilly Automotive from $101.67 to $106.67 and gave the company a "buy" rating in a research report on Friday, April 25th. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, O'Reilly Automotive has a consensus rating of "Buy" and a consensus price target of $94.38.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded up $0.35 during mid-day trading on Thursday, hitting $91.59. 3,823,710 shares of the company traded hands, compared to its average volume of 5,475,277. O'Reilly Automotive, Inc. has a 52-week low of $68.44 and a 52-week high of $97.22. The firm's 50 day simple moving average is $90.62 and its 200 day simple moving average is $89.01. The firm has a market cap of $78.29 billion, a P/E ratio of 33.66, a PEG ratio of 2.49 and a beta of 0.58.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.04). The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.18 billion. O'Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. O'Reilly Automotive's revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.61 earnings per share. Equities research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.