Ollie’s Bargain Outlet (NASDAQ:OLLI) Chairman Sells $348,481.20 in Stock

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Chairman John Swygert sold 3,898 shares of the stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $89.40, for a total value of $348,481.20. Following the completion of the sale, the chairman directly owned 53,431 shares of the company’s stock, valued at approximately $4,776,731.40. This represents a 6.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Ollie’s Bargain Outlet Stock Performance

NASDAQ OLLI opened at $89.24 on Friday. The stock’s fifty day moving average is $107.20 and its two-hundred day moving average is $116.86. The firm has a market capitalization of $5.44 billion, a P/E ratio of 22.88, a price-to-earnings-growth ratio of 1.59 and a beta of 0.53. Ollie’s Bargain Outlet Holdings, Inc. has a fifty-two week low of $88.44 and a fifty-two week high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The business had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. During the same period last year, the company earned $1.19 EPS. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 3.29 EPS for the current year.

Key Ollie’s Bargain Outlet News

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Zacks Research issued multiple upward revisions to Ollie’s forward earnings and quarterly estimates (FY2028 raised to $5.10 from $5.00; FY2029 at $5.81) and nudged several quarterly EPS forecasts higher — a signal that at least one sell‑side shop sees stronger-than-expected future profitability, which can support a higher valuation.
• Positive Sentiment: Commentary piece argues Ollie’s is positioned to benefit from a favorable legislative “tailwind” (consumer/retail policy or demographic shifts highlighted by the author), suggesting thematic support for discount retailers that could boost demand and margins over time. Ollie’s Bargain Outlet (OLLI) Positioned to Capitalize on One Big Beautiful Bill Tailwind
• Neutral Sentiment: Ollie’s opened a new store in La Crosse with grand‑opening promotions — expansion supports long‑term square footage growth but is unlikely to materially move near‑term results on its own. Ollie’s Bargain Outlet opens in La Crosse with grand opening deals
• Negative Sentiment: Zacks trimmed one quarterly estimate (Q2 2027 EPS down to $1.16 from $1.18) — a small downward revision that signals some near‑term volatility in quarter-to-quarter expectations even as its broader view remains constructive.

Institutional Trading of Ollie’s Bargain Outlet

Several institutional investors and hedge funds have recently bought and sold shares of OLLI. Goldman Sachs Group Inc. boosted its stake in Ollie’s Bargain Outlet by 315.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock worth $187,117,000 after buying an additional 1,296,672 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Ollie’s Bargain Outlet during the third quarter valued at about $136,152,000. Invesco Ltd. raised its stake in shares of Ollie’s Bargain Outlet by 55.5% in the 2nd quarter. Invesco Ltd. now owns 2,552,605 shares of the company’s stock valued at $336,382,000 after acquiring an additional 911,364 shares during the period. Norges Bank purchased a new stake in shares of Ollie’s Bargain Outlet in the 4th quarter valued at approximately $85,845,000. Finally, Hood River Capital Management LLC lifted its holdings in shares of Ollie’s Bargain Outlet by 165.4% in the 2nd quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company’s stock worth $163,452,000 after acquiring an additional 773,013 shares during the last quarter.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. UBS Group set a $125.00 target price on shares of Ollie’s Bargain Outlet in a research note on Monday, March 16th. Royal Bank Of Canada increased their price target on shares of Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Craig Hallum restated a “buy” rating and set a $157.00 price target on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Morgan Stanley reduced their price target on shares of Ollie’s Bargain Outlet from $130.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Friday, March 13th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $128.00 price objective (down from $140.00) on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ollie’s Bargain Outlet has a consensus rating of “Moderate Buy” and a consensus target price of $141.50.

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.