Ollie's Bargain Outlet Holdings Inc (OLLI) SVP Jay Stasz Sells 11,250 Shares
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.
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.
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