Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) VP Howard Freedman sold 12,000 shares of the business’s stock in a transaction on Tuesday, September 20th. The shares were sold at an average price of $25.32, for a total transaction of $303,840.00. Following the transaction, the vice president now owns 32,680 shares of the company’s stock, valued at $827,457.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) opened at 26.39 on Thursday. Ollie’s Bargain Outlet Holdings Inc. has a 1-year low of $14.88 and a 1-year high of $28.72. The stock’s 50 day moving average is $26.54 and its 200-day moving average is $25.00. The stock has a market cap of $1.59 billion, a PE ratio of 34.27 and a beta of 0.10.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last posted its earnings results on Wednesday, August 31st. The company reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.03. The firm had revenue of $211.30 million for the quarter, compared to the consensus estimate of $207.61 million. Ollie’s Bargain Outlet Holdings had a net margin of 5.80% and a return on equity of 8.91%. The company’s revenue was up 16.2% on a year-over-year basis. During the same period last year, the firm posted $0.15 EPS. On average, analysts predict that Ollie’s Bargain Outlet Holdings Inc. will post $0.90 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. SevenBridge Financial Group LLC bought a new position in Ollie’s Bargain Outlet Holdings during the second quarter worth approximately $116,000. Barclays PLC increased its position in shares of Ollie’s Bargain Outlet Holdings by 844.7% in the second quarter. Barclays PLC now owns 4,799 shares of the company’s stock valued at $119,000 after buying an additional 4,291 shares during the last quarter. BlackRock Group LTD increased its position in shares of Ollie’s Bargain Outlet Holdings by 88.7% in the second quarter. BlackRock Group LTD now owns 5,172 shares of the company’s stock valued at $129,000 after buying an additional 2,431 shares during the last quarter. BlackRock Inc. increased its position in shares of Ollie’s Bargain Outlet Holdings by 1,347.8% in the second quarter. BlackRock Inc. now owns 5,849 shares of the company’s stock valued at $145,000 after buying an additional 5,445 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Ollie’s Bargain Outlet Holdings by 694.8% in the second quarter. Tower Research Capital LLC TRC now owns 6,557 shares of the company’s stock valued at $163,000 after buying an additional 5,732 shares during the last quarter. 87.70% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on OLLI shares. Piper Jaffray Cos. restated an “overweight” rating and set a $28.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research report on Monday, August 29th. Zacks Investment Research downgraded shares of Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 3rd. RBC Capital Markets restated an “outperform” rating and set a $32.00 target price (up from $30.00) on shares of Ollie’s Bargain Outlet Holdings in a research report on Thursday, September 1st. Royal Bank Of Canada boosted their target price on shares of Ollie’s Bargain Outlet Holdings from $30.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, September 1st. Finally, Jefferies Group upped their price objective on shares of Ollie’s Bargain Outlet Holdings from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, September 1st. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $27.63.

Ollie’s Bargain Outlet Holdings Company Profile

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers deals on closeouts, excess inventory and salvage merchandise. The Company’s product offerings include food, such as packaged food, including coffee, bottled non-carbonated beverages, salty snacks, condiments, sauces, spices, dry pasta, canned goods, cereal and cookies; housewares, such as cooking utensils, dishes, appliances, storage and garbage bags, detergents and cleaning supplies, cookware and glassware, frames and giftware; books and stationery, such as novels, business, cooking, inspirational and coffee table books along with digital versatile discs (DVDs), greeting cards and various office supplies and party goods, and bed and bath, such as household goods, including bedding, towels, curtains and associated hardware.

5 Day Chart for NASDAQ:OLLI

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