O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Heartland Bank & Trust Co


Heartland Bank & Trust Co decreased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 29.7% during the 1st quarter, HoldingsChannel reports. The fund owned 581 shares of the specialty retailer’s stock after selling 245 shares during the quarter. Heartland Bank & Trust Co’s holdings in O’Reilly Automotive were worth $398,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Comprehensive Financial Consultants Institutional Inc. acquired a new position in shares of O’Reilly Automotive in the fourth quarter worth about $28,000. Mascoma Wealth Management LLC acquired a new stake in O’Reilly Automotive during the fourth quarter valued at approximately $30,000. Atlas Capital Advisors LLC acquired a new stake in O’Reilly Automotive during the fourth quarter valued at approximately $30,000. CVA Family Office LLC acquired a new stake in O’Reilly Automotive during the fourth quarter valued at approximately $49,000. Finally, Concord Wealth Partners raised its stake in O’Reilly Automotive by 63.8% during the fourth quarter. Concord Wealth Partners now owns 95 shares of the specialty retailer’s stock valued at $67,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 82.76% of the company’s stock.

In related news, SVP Jeffrey Lynn Groves acquired 175 shares of the business’s stock in a transaction dated Monday, May 23rd. The stock was bought at an average price of $572.77 per share, for a total transaction of $100,234.75. Following the transaction, the senior vice president now owns 721 shares of the company’s stock, valued at $412,967.17. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Richard Darin Venosdel sold 4,754 shares of the stock in a transaction on Thursday, April 7th. The shares were sold at an average price of $725.00, for a total value of $3,446,650.00. Following the sale, the senior vice president now owns 4,200 shares of the company’s stock, valued at approximately $3,045,000. The disclosure for this sale can be found here. Corporate insiders own 1.73% of the company’s stock.

Several analysts have issued reports on the company. StockNews.com assumed coverage on O’Reilly Automotive in a research note on Thursday, March 31st. They set a “buy” rating on the stock. Bank of America upgraded O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $730.00 price objective on the stock in a research note on Tuesday, May 10th. Wells Fargo & Company cut their price objective on O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 8th. Truist Financial cut their price objective on O’Reilly Automotive from $837.00 to $788.00 in a research note on Friday, April 29th. Finally, Citigroup lowered their target price on O’Reilly Automotive from $720.00 to $662.00 in a report on Friday, May 13th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $719.58.

Shares of ORLY stock opened at $608.82 on Thursday. O’Reilly Automotive, Inc. has a 12-month low of $546.16 and a 12-month high of $748.68. The firm has a market capitalization of $40.01 billion, a price-to-earnings ratio of 19.51, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The business has a 50 day simple moving average of $635.52 and a 200 day simple moving average of $662.37.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last issued its quarterly earnings data on Wednesday, April 27th. The specialty retailer reported $7.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.43 by ($0.26). The business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. O’Reilly Automotive had a negative return on equity of 2,699.29% and a net margin of 15.85%. During the same period last year, the company earned $7.06 earnings per share. On average, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 32.62 EPS for the current fiscal year.

O’Reilly Automotive Profile (Get Rating)

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. 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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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)



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