Nisa Investment Advisors LLC Sells 17,333 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Nisa Investment Advisors LLC decreased its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 42.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,236 shares of the specialty retailer's stock after selling 17,333 shares during the period. Nisa Investment Advisors LLC's holdings in O'Reilly Automotive were worth $33,287,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. HWG Holdings LP bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC boosted its position in shares of O'Reilly Automotive by 185.7% in 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 in the last quarter. Lee Danner & Bass Inc. bought a new stake in shares of O'Reilly Automotive in the 4th quarter worth approximately $28,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of O'Reilly Automotive in the 4th quarter worth approximately $31,000. Finally, Piscataqua Savings Bank bought a new stake in shares of O'Reilly Automotive in the 1st quarter worth approximately $43,000. Institutional investors own 85.00% of the company's stock.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of the company'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 transaction of $25,686.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ramon Parises Odems sold 30,000 shares of the company's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the sale, the senior vice president directly owned 240 shares of the company's stock, valued at approximately $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,285 shares of company stock valued at $3,022,386. Insiders own 1.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ORLY shares. Wall Street Zen raised O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Morgan Stanley reiterated an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. Wells Fargo & Company upped their target price on shares of O'Reilly Automotive from $95.00 to $103.33 and gave the stock an "overweight" rating in a research note on Wednesday, April 16th. Mizuho upped their target price on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $98.00 target price on shares of O'Reilly Automotive in a research note on Wednesday, July 2nd. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $94.38.

O'Reilly Automotive Stock Performance

Shares of ORLY traded down $0.20 during mid-day trading on Thursday, hitting $92.38. 4,634,736 shares of the company traded hands, compared to its average volume of 5,497,783. The stock has a 50-day moving average price of $90.69 and a two-hundred day moving average price of $88.71. O'Reilly Automotive, Inc. has a 1 year low of $68.07 and a 1 year high of $97.22. The stock has a market cap of $78.97 billion, a price-to-earnings ratio of 33.95, a P/E/G ratio of 2.52 and a beta of 0.58.

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