Peak Financial Advisors LLC Purchases Shares of 28,143 O'Reilly Automotive, Inc. $ORLY

Key Points

• Peak Financial Advisors LLC acquired 28,143 shares of O'Reilly Automotive, Inc. for approximately $2.5 million, making it the firm's 21st largest holding.
• Insider selling was reported, with Director Maria Sastre and SVP Shari Lynne Reaves selling shares, the latter resulting in a total of $207,620.00 in transactions.
• O'Reilly Automotive's stock received multiple price target upgrades from analysts, with Citigroup setting a new price objective of $114.00 and JPMorgan Chase raising theirs to $113.00.

Peak Financial Advisors LLC purchased a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 28,143 shares of the specialty retailer's stock, valued at approximately $2,537,000. O'Reilly Automotive accounts for about 1.3% of Peak Financial Advisors LLC's investment portfolio, making the stock its 21st largest holding.

Other large investors have also recently bought and sold shares of the company. HWG Holdings LP bought a new position in O'Reilly Automotive in the 1st quarter valued at $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $25,000. 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 valued at $29,000 after buying an additional 13 shares in the last quarter. Elequin Capital LP purchased a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $30,000. Finally, Saudi Central Bank purchased a new stake in shares of O'Reilly Automotive during the 1st quarter valued at $33,000. 85.00% of the stock is owned by institutional investors.

Insider Activity at O'Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is currently owned by company insiders.

O'Reilly Automotive Trading Down 0.3%

ORLY stock opened at $107.50 on Friday. The firm's 50-day moving average price is $100.11 and its two-hundred day moving average price is $94.07. O'Reilly Automotive, Inc. has a 12-month low of $73.33 and a 12-month high of $108.42. The stock has a market capitalization of $91.21 billion, a price-to-earnings ratio of 38.43, a PEG ratio of 2.85 and a beta of 0.60.

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

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Evercore ISI raised their price objective on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, August 12th. Royal Bank Of Canada raised their price objective on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. raised their price objective on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Finally, Argus assumed coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Buy" and an average price target of $104.40.

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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