Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) CEO Mark L. Butler sold 58,124 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $45.04, for a total transaction of $2,617,904.96. Following the transaction, the chief executive officer now directly owns 4,886,728 shares in the company, valued at $220,098,229.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) traded up 1.03% on Wednesday, reaching $44.10. 416,764 shares of the company traded hands. The stock has a market capitalization of $2.70 billion, a P/E ratio of 41.60 and a beta of 0.15. The stock’s 50 day moving average price is $43.50 and its 200-day moving average price is $37.90. Ollie’s Bargain Outlet Holdings, Inc. has a one year low of $24.12 and a one year high of $46.08.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last released its earnings results on Wednesday, May 31st. The company reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.02. The firm had revenue of $227.60 million for the quarter, compared to the consensus estimate of $220.56 million. Ollie’s Bargain Outlet Holdings had a net margin of 7.25% and a return on equity of 10.11%. The company’s revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 EPS. Equities analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post $1.17 earnings per share for the current fiscal year.

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OLLI has been the topic of several research analyst reports. MKM Partners lowered shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “neutral” rating and set a $39.00 target price on the stock. in a research note on Tuesday, May 30th. Piper Jaffray Companies set a $48.00 target price on shares of Ollie’s Bargain Outlet Holdings and gave the stock a “buy” rating in a research note on Thursday, June 1st. Royal Bank Of Canada reissued a “buy” rating and set a $37.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, May 25th. BidaskClub lowered shares of Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd. Finally, Credit Suisse Group reissued a “hold” rating on shares of Ollie’s Bargain Outlet Holdings in a research note on Sunday, June 4th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $39.60.

Hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its stake in Ollie’s Bargain Outlet Holdings by 11.1% in the first quarter. Wells Fargo & Company MN now owns 920,683 shares of the company’s stock worth $30,843,000 after buying an additional 91,926 shares in the last quarter. NJ State Employees Deferred Compensation Plan acquired a new stake in Ollie’s Bargain Outlet Holdings during the first quarter worth $268,000. Russell Investments Group Ltd. increased its stake in Ollie’s Bargain Outlet Holdings by 8.5% in the first quarter. Russell Investments Group Ltd. now owns 449,497 shares of the company’s stock worth $15,058,000 after buying an additional 35,211 shares in the last quarter. Sawgrass Asset Management LLC acquired a new stake in Ollie’s Bargain Outlet Holdings during the first quarter worth $233,000. Finally, Dubuque Bank & Trust Co. acquired a new stake in Ollie’s Bargain Outlet Holdings during the first quarter worth $153,000. 92.90% of the stock is currently owned by hedge funds and other institutional investors.

Ollie’s Bargain Outlet Holdings Company Profile

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.

Insider Buying and Selling by Quarter for Ollie`s Bargain Outlet Holdings (NASDAQ:OLLI)

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