Park Place Capital Corp Acquires 2,702 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Park Place Capital Corp significantly increased its stake in O'Reilly Automotive by acquiring 2,702 shares, boosting its holdings by 1,400% to a total of 2,895 shares, valued at approximately $262,000.
• Insider trading activity includes the sale of 29,505 shares by SVP Mark Joseph Merz, reflecting an 87.45% decrease in his ownership, and a smaller sale by Director Maria Sastre, indicating notable insider activity within the company.
• O'Reilly Automotive shares have a market cap of $91.48 billion and recently reported quarterly revenues of $4.53 billion, with earnings per share matching analysts' expectations at $0.78.

Park Place Capital Corp increased its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,895 shares of the specialty retailer's stock after acquiring an additional 2,702 shares during the period. Park Place Capital Corp's holdings in O'Reilly Automotive were worth $262,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. HWG Holdings LP bought a new position in O'Reilly Automotive in the first quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new stake in O'Reilly Automotive in the first quarter valued at $25,000. HighMark Wealth Management LLC boosted its holdings in O'Reilly Automotive by 185.7% in the first 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 during the last quarter. Elequin Capital LP purchased a new stake in O'Reilly Automotive in the first quarter valued at $30,000. Finally, Saudi Central Bank acquired a new position in shares of O'Reilly Automotive in the first quarter worth about $33,000. Hedge funds and other 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 Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the completion of the transaction, the senior vice president owned 4,234 shares in the company, valued at approximately $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by insiders.

O'Reilly Automotive Stock Up 0.2%

Shares of NASDAQ:ORLY opened at $107.81 on Wednesday. The company has a market cap of $91.48 billion, a price-to-earnings ratio of 38.54, a PEG ratio of 2.84 and a beta of 0.60. The firm's 50-day simple moving average is $103.12 and its 200-day simple moving average is $95.40. O'Reilly Automotive, Inc. has a fifty-two week low of $75.93 and a fifty-two week high of $108.72.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts' consensus estimates of $0.78. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm's revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on ORLY shares. Argus started coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. UBS Group increased their price objective on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. increased their price target on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Barclays reaffirmed an "equal weight" rating and set a $86.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 25th. Finally, DA Davidson raised their price target on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $107.17.

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.

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