O’Reilly Automotive, Inc. (ORLY) Shares Sold by OxFORD Asset Management LLP

OxFORD Asset Management LLP lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 64.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,890 shares of the specialty retailer’s stock after selling 5,257 shares during the period. OxFORD Asset Management LLP’s holdings in O’Reilly Automotive were worth $632,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ORLY. Barrett Asset Management LLC boosted its position in shares of O’Reilly Automotive by 261.5% during the 2nd quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 340 shares during the period. Proficio Capital Partners LLC boosted its position in shares of O’Reilly Automotive by 1.0% during the 2nd quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock worth $105,000 after purchasing an additional 5 shares during the period. Penserra Capital Management LLC boosted its position in shares of O’Reilly Automotive by 13.0% during the 2nd quarter. Penserra Capital Management LLC now owns 832 shares of the specialty retailer’s stock worth $181,000 after purchasing an additional 96 shares during the period. Global X Management Co. LLC boosted its position in shares of O’Reilly Automotive by 30.2% during the 1st quarter. Global X Management Co. LLC now owns 758 shares of the specialty retailer’s stock worth $205,000 after purchasing an additional 176 shares during the period. Finally, Sawtooth Solutions LLC purchased a new position in shares of O’Reilly Automotive during the 2nd quarter worth approximately $221,000. 96.57% of the stock is owned by hedge funds and other institutional investors.

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Shares of O’Reilly Automotive, Inc. (NASDAQ ORLY) opened at 212.01 on Wednesday. The firm has a market capitalization of $18.66 billion, a price-to-earnings ratio of 18.57 and a beta of 0.78. The stock has a 50 day moving average of $206.44 and a 200-day moving average of $221.41. O’Reilly Automotive, Inc. has a one year low of $169.43 and a one year high of $286.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.20. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.29 billion. O’Reilly Automotive had a net margin of 12.23% and a return on equity of 72.22%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.65 earnings per share. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post $11.87 earnings per share for the current fiscal year.

O’Reilly Automotive announced that its board has initiated a stock repurchase plan on Friday, September 1st that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the specialty retailer to purchase up to 5.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

In related news, Director Rosalie Oreilly Wooten sold 5,000 shares of the company’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $200.87, for a total value of $1,004,350.00. Following the sale, the director now directly owns 72,562 shares of the company’s stock, valued at $14,575,528.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Randy Johnson sold 1,040 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $197.19, for a total transaction of $205,077.60. Following the completion of the sale, the senior vice president now directly owns 9,238 shares in the company, valued at $1,821,641.22. The disclosure for this sale can be found here. Insiders sold 18,120 shares of company stock valued at $3,684,364 over the last 90 days. Insiders own 3.12% of the company’s stock.

A number of research firms have issued reports on ORLY. Bank of America Corporation reiterated a “buy” rating and set a $250.00 target price on shares of O’Reilly Automotive in a report on Tuesday, September 5th. Robert W. Baird reiterated a “neutral” rating on shares of O’Reilly Automotive in a report on Friday, September 1st. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday, August 9th. BidaskClub upgraded shares of O’Reilly Automotive from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Finally, Credit Suisse Group set a $195.00 target price on shares of O’Reilly Automotive and gave the stock a “hold” rating in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. O’Reilly Automotive currently has an average rating of “Hold” and a consensus price target of $242.21.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as 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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