XTX Topco Ltd Sells 470 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

XTX Topco Ltd trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 32.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 967 shares of the specialty retailer’s stock after selling 470 shares during the period. XTX Topco Ltd’s holdings in O’Reilly Automotive were worth $1,021,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ORLY. Rise Advisors LLC bought a new stake in O’Reilly Automotive in the 1st quarter worth about $36,000. Indiana Trust & Investment Management CO grew its position in O’Reilly Automotive by 325.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock worth $38,000 after purchasing an additional 26 shares in the last quarter. Riverview Trust Co bought a new stake in O’Reilly Automotive in the 1st quarter worth about $41,000. Crewe Advisors LLC bought a new stake in O’Reilly Automotive in the 1st quarter worth about $43,000. Finally, Kings Path Partners LLC bought a new stake in O’Reilly Automotive in the 2nd quarter worth about $44,000. 85.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Wedbush reiterated a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Bank of America boosted their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Truist Financial boosted their target price on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Royal Bank of Canada dropped their target price on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Finally, DA Davidson boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average price target of $1,144.06.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the transaction, the senior vice president now directly owns 265 shares in the company, valued at approximately $296,800. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock worth $56,846,062 in the last three months. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,109.05 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The stock has a market capitalization of $64.34 billion, a PE ratio of 28.15, a P/E/G ratio of 2.15 and a beta of 0.92. The company’s 50 day simple moving average is $1,111.26 and its two-hundred day simple moving average is $1,072.40.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm had revenue of $4.27 billion during the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter in the prior year, the company earned $10.22 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 EPS for the current year.

O’Reilly Automotive 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.