O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 42.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,236 shares of the specialty retailer's stock after selling 17,333 shares during the quarter. Nisa Investment Advisors LLC's holdings in O'Reilly Automotive were worth $33,287,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. UBS Group upped 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 note on Thursday, April 24th. Royal Bank Of Canada restated an "outperform" rating and set a $98.00 price objective on shares of O'Reilly Automotive in a report on Wednesday, July 2nd. BMO Capital Markets upped their target price on O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a research note on Friday, April 25th. DA Davidson increased their target price on O'Reilly Automotive from $101.67 to $106.67 and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Wall Street Zen upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $94.38.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded up $0.94 during midday trading on Wednesday, hitting $92.58. 4,128,876 shares of the company's stock traded hands, compared to its average volume of 5,496,667. O'Reilly Automotive, Inc. has a twelve month low of $67.65 and a twelve month high of $97.22. The company has a market cap of $79.14 billion, a PE ratio of 34.03, a P/E/G ratio of 2.50 and a beta of 0.58. The firm's fifty day moving average price is $90.75 and its two-hundred day moving average price is $88.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results 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 during the quarter, compared to analysts' expectations 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 quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.61 EPS. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In related news, SVP Najera Jose A. Montellano sold 285 shares of the firm's 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the firm's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $90.70, for a total value of $2,720,900.00. Following the sale, the senior vice president owned 240 shares of the company's stock, valued at $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 three months, insiders have sold 33,285 shares of company stock valued at $3,022,386. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Company 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.