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

Nisa Investment Advisors LLC reduced its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 42.7% in the 1st quarter, according to its most recent disclosure with the Securities & 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.

Several other large investors have also recently added to or reduced their stakes in the company. HWG Holdings LP acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth approximately $26,000. Lee Danner & Bass Inc. acquired a new position in shares of O'Reilly Automotive during the 4th quarter worth approximately $28,000. HighMark Wealth Management LLC raised its position 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. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ORLY has been the subject of several recent analyst reports. Mizuho lifted 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. Morgan Stanley reaffirmed an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. UBS Group lifted their target price on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $98.00 target price on shares of O'Reilly Automotive in a research note on Wednesday, July 2nd. Finally, Wells Fargo & Company lifted 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. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $94.38.

O'Reilly Automotive Stock Down 0.8%

NASDAQ:ORLY traded down $0.76 on Friday, reaching $91.62. The stock had a trading volume of 3,870,427 shares, compared to its average volume of 5,491,300. The company has a market capitalization of $78.32 billion, a P/E ratio of 33.68, a price-to-earnings-growth ratio of 2.52 and a beta of 0.58. O'Reilly Automotive, Inc. has a 1-year low of $68.07 and a 1-year high of $97.22. The stock has a fifty day moving average price of $90.69 and a 200-day moving average price of $88.71.

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

Insider Transactions at O'Reilly Automotive

In related news, SVP Najera Jose A. Montellano sold 285 shares of the stock in a transaction 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 is accessible through this hyperlink. Also, Director John Raymond Murphy sold 3,000 shares of the stock in a transaction 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 transaction, the director owned 4,560 shares of the company's stock, valued at $419,216. The trade was a 39.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,285 shares of company stock valued at $3,022,386 over the last quarter. Corporate insiders own 1.01% of the company's stock.

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.