7,380 Shares in O’Reilly Automotive, Inc. $ORLY Bought by Modera Wealth Management LLC

Modera Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,380 shares of the specialty retailer’s stock, valued at approximately $796,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. PFG Investments LLC increased its holdings in O’Reilly Automotive by 13.5% in the third quarter. PFG Investments LLC now owns 16,209 shares of the specialty retailer’s stock valued at $1,747,000 after buying an additional 1,924 shares during the last quarter. Mn Services Vermogensbeheer B.V. grew its position in shares of O’Reilly Automotive by 1.1% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 324,500 shares of the specialty retailer’s stock worth $34,984,000 after acquiring an additional 3,500 shares in the last quarter. Deseret Mutual Benefit Administrators grew its position in shares of O’Reilly Automotive by 5.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 4,598 shares of the specialty retailer’s stock worth $496,000 after acquiring an additional 233 shares in the last quarter. UniSuper Management Pty Ltd increased its holdings in shares of O’Reilly Automotive by 3.6% in the 3rd quarter. UniSuper Management Pty Ltd now owns 246,718 shares of the specialty retailer’s stock valued at $26,599,000 after acquiring an additional 8,578 shares during the last quarter. Finally, Drive Wealth Management LLC raised its position in shares of O’Reilly Automotive by 5.1% during the 3rd quarter. Drive Wealth Management LLC now owns 4,452 shares of the specialty retailer’s stock valued at $480,000 after acquiring an additional 215 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. This trade represents a 98.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the transaction, the senior vice president directly owned 4,792 shares in the company, valued at $485,190. This represents a 42.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 8,980 shares of company stock valued at $882,335. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Up 0.4%

NASDAQ:ORLY opened at $99.23 on Monday. The business’s 50-day moving average price is $95.42 and its 200 day moving average price is $98.83. O’Reilly Automotive, Inc. has a 52-week low of $82.90 and a 52-week high of $108.71. The firm has a market cap of $83.76 billion, a P/E ratio of 34.38, a PEG ratio of 2.11 and a beta of 0.63.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ORLY shares. Truist Financial set a $109.00 price objective on shares of O’Reilly Automotive in a report on Friday, October 24th. Evercore ISI set a $110.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a report on Tuesday, December 16th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $111.80.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.