O'Reilly Automotive Sees Increased Institutional Support
According to MarketBeat, Jefferies Financial Group Inc. recently acquired a $35.28 million position in O'Reilly Automotive, Inc. (NASDAQ:ORLY) during the second quarter.
The investment firm purchased 383,155 shares of O'Reilly's stock, valued at approximately $35.285 million.
Other large investors have also increased their stakes in ORLY, including First National Bank of Mount Dora Trust Investment Services and Swiss National Bank.
Institutional investors own about 85% of the company's stock.