Invesco LLC Acquires 20 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Invesco LLC raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 217 shares of the specialty retailer’s stock after acquiring an additional 20 shares during the quarter. Invesco LLC’s holdings in O’Reilly Automotive were worth $257,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive during the fourth quarter worth $30,000. Darwin Wealth Management LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. Trifecta Capital Advisors LLC grew its stake in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive in the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in O’Reilly Automotive during the 3rd quarter worth approximately $41,000. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ORLY shares. DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company upped their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and an average price target of $1,301.82.

O’Reilly Automotive Trading Up 0.0 %

Shares of ORLY stock traded up $0.41 during trading hours on Wednesday, hitting $1,278.75. 22,043 shares of the company’s stock were exchanged, compared to its average volume of 304,754. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,289.93. The company has a market capitalization of $73.82 billion, a PE ratio of 31.65, a PEG ratio of 2.30 and a beta of 0.94. The business’s 50 day simple moving average is $1,228.05 and its 200-day simple moving average is $1,173.92.

About O’Reilly Automotive

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.