Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) SVP Omar Segura sold 43,323 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $45.15, for a total transaction of $1,956,033.45. Following the completion of the sale, the senior vice president now owns 26,000 shares of the company’s stock, valued at approximately $1,173,900. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) traded down 1.45% during midday trading on Wednesday, hitting $44.20. 523,533 shares of the company traded hands. The stock has a market capitalization of $2.70 billion, a P/E ratio of 41.70 and a beta of 0.15. Ollie’s Bargain Outlet Holdings, Inc. has a 12-month low of $24.12 and a 12-month high of $46.08. The stock’s 50-day moving average is $42.67 and its 200 day moving average is $37.12.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last announced its quarterly earnings results on Wednesday, May 31st. The company reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.02. Ollie’s Bargain Outlet Holdings had a net margin of 7.25% and a return on equity of 10.11%. The firm had revenue of $227.60 million for the quarter, compared to analyst estimates of $220.56 million. During the same quarter in the previous year, the firm posted $0.20 earnings per share. The business’s revenue was up 17.5% on a year-over-year basis. On average, analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post $1.17 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in OLLI. First National Bank of Omaha raised its position in shares of Ollie’s Bargain Outlet Holdings by 31.2% in the first quarter. First National Bank of Omaha now owns 28,514 shares of the company’s stock worth $955,000 after buying an additional 6,785 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Ollie’s Bargain Outlet Holdings by 12.3% in the first quarter. Great West Life Assurance Co. Can now owns 68,405 shares of the company’s stock worth $2,292,000 after buying an additional 7,513 shares during the period. US Bancorp DE increased its stake in Ollie’s Bargain Outlet Holdings by 6.4% in the first quarter. US Bancorp DE now owns 69,732 shares of the company’s stock worth $2,337,000 after buying an additional 4,167 shares during the period. Independent Portfolio Consultants Inc. acquired a new stake in Ollie’s Bargain Outlet Holdings during the first quarter worth about $619,000. Finally, Dimensional Fund Advisors LP increased its stake in Ollie’s Bargain Outlet Holdings by 128.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 588,248 shares of the company’s stock worth $16,736,000 after buying an additional 330,630 shares during the period. 95.28% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on the stock. TheStreet upgraded shares of Ollie’s Bargain Outlet Holdings from a “c” rating to a “b-” rating in a research report on Monday, July 17th. Credit Suisse Group restated a “hold” rating on shares of Ollie’s Bargain Outlet Holdings in a research report on Sunday, June 4th. BidaskClub upgraded shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 5th. MKM Partners downgraded shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “neutral” rating and set a $39.00 price target for the company. in a research report on Tuesday, May 30th. Finally, Piper Jaffray Companies set a $48.00 price target on shares of Ollie’s Bargain Outlet Holdings and gave the company a “buy” rating in a research report on Thursday, June 1st. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $39.60.

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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