Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) SVP Jay Stasz sold 11,250 shares of the stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $50.11, for a total transaction of $563,737.50. Following the completion of the transaction, the senior vice president now owns 10,000 shares in the company, valued at $501,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Ollie's Bargain Outlet Holdings Inc (NASDAQ OLLI) traded up $0.30 during mid-day trading on Wednesday, hitting $51.00. 959,243 shares of the stock traded hands, compared to its average volume of 594,397. The stock has a market cap of $3,046.05, a P/E ratio of 45.93, a P/E/G ratio of 2.14 and a beta of 0.18. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.80 and a quick ratio of 0.29. Ollie's Bargain Outlet Holdings Inc has a fifty-two week low of $27.75 and a fifty-two week high of $51.53.

Several analysts have recently commented on the stock. Jefferies Group raised their price objective on shares of Ollie's Bargain Outlet to $57.00 and gave the company a “buy” rating in a research report on Tuesday. BidaskClub downgraded shares of Ollie's Bargain Outlet from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. KeyCorp restated a “buy” rating and set a $50.00 price objective on shares of Ollie's Bargain Outlet in a research report on Friday, September 29th. Zacks Investment Research downgraded shares of Ollie's Bargain Outlet from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Morgan Stanley assumed coverage on shares of Ollie's Bargain Outlet in a research report on Monday, September 25th. They set an “equal weight” rating and a $46.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $47.46.

Several institutional investors and hedge funds have recently bought and sold shares of OLLI. Advisor Group Inc. lifted its stake in shares of Ollie's Bargain Outlet by 23.2% in the 2nd quarter. Advisor Group Inc. now owns 2,853 shares of the company’s stock valued at $122,000 after purchasing an additional 537 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Ollie's Bargain Outlet by 14.9% in the 2nd quarter. D.A. Davidson & CO. now owns 3,442 shares of the company’s stock valued at $146,000 after purchasing an additional 447 shares during the period. Ameritas Investment Partners Inc. lifted its stake in shares of Ollie's Bargain Outlet by 165.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,180 shares of the company’s stock valued at $178,000 after purchasing an additional 2,604 shares during the period. Royal Bank of Canada raised its position in Ollie's Bargain Outlet by 302.7% during the second quarter. Royal Bank of Canada now owns 4,257 shares of the company’s stock worth $182,000 after acquiring an additional 3,200 shares during the period. Finally, LS Investment Advisors LLC raised its position in Ollie's Bargain Outlet by 1.1% during the second quarter. LS Investment Advisors LLC now owns 4,375 shares of the company’s stock worth $186,000 after acquiring an additional 46 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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Ollie's Bargain Outlet 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 (NASDAQ:OLLI)

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