Cercano Management LLC significantly reduced its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 38.6% in the third quarter, holding 95,435 shares valued at $10.29 million. Despite this, other hedge funds increased their positions, and institutional investors collectively own 85% of the company’s stock. Recent insider selling by senior executives also occurred, while analysts hold a “Moderate Buy” consensus rating for ORLY.
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Cercano Management LLC Has $10.29 Million Stock Holdings in O'Reilly Automotive, Inc. $ORLY
Cercano Management LLC significantly reduced its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 38.6% in the third quarter, holding 95,435 shares valued at $10.29 million. Despite this, other hedge funds increased their positions, and institutional investors collectively own 85% of the company’s stock. Recent insider selling by senior executives also occurred, while analysts hold a “Moderate Buy” consensus rating for ORLY.