Overbrook Management Corp Decreases Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Overbrook Management Corp reduced its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 19.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,275 shares of the specialty retailer’s stock after selling 2,236 shares during the period. O’Reilly Automotive makes up 2.8% of Overbrook Management Corp’s portfolio, making the stock its 16th largest holding. Overbrook Management Corp’s holdings in O’Reilly Automotive were worth $10,470,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Rise Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 1st quarter worth approximately $36,000. Riverview Trust Co purchased a new stake in O’Reilly Automotive in the first quarter worth $41,000. Washington Trust Advisors Inc. lifted its position in shares of O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 13 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in shares of O’Reilly Automotive by 29.5% during the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 13 shares during the period. Finally, First Financial Corp IN grew its holdings in shares of O’Reilly Automotive by 38.6% in the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock worth $58,000 after purchasing an additional 17 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the transaction, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of the stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the transaction, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Trading Up 0.6 %

NASDAQ ORLY traded up $6.57 on Thursday, hitting $1,057.42. 331,007 shares of the company’s stock traded hands, compared to its average volume of 397,763. The firm has a market capitalization of $62.27 billion, a PE ratio of 26.75, a P/E/G ratio of 1.94 and a beta of 0.89. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The firm’s 50-day moving average price is $1,018.58 and its two-hundred day moving average price is $1,032.68.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $8.28 earnings per share. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 25th. Mizuho assumed coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price on the stock. UBS Group boosted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Wells Fargo & Company decreased their price objective on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Finally, StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,123.64.

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.