NEOS Investment Management LLC significantly increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 75.8% in the third quarter. This move, along with other hedge funds and institutional investors boosting their positions, highlights continued investor interest in the specialty retailer. Despite some insider selling, the company’s stock has seen a recent uptrend and analysts have a “Moderate Buy” rating with a consensus target price of $110.26.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
O'Reilly Automotive, Inc. $ORLY Stock Holdings Lifted by NEOS Investment Management LLC
NEOS Investment Management LLC significantly increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 75.8% in the third quarter. This move, along with other hedge funds and institutional investors boosting their positions, highlights continued investor interest in the specialty retailer. Despite some insider selling, the company’s stock has seen a recent uptrend and analysts have a “Moderate Buy” rating with a consensus target price of $110.26.