Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) CEO Mark L. Butler sold 334,200 shares of the business’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $46.02, for a total value of $15,379,884.00. Following the completion of the transaction, the chief executive officer now owns 4,770,421 shares in the company, valued at approximately $219,534,774.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ OLLI) traded down 0.33% on Thursday, reaching $45.55. The company’s stock had a trading volume of 113,457 shares. The company has a 50 day moving average price of $45.70 and a 200 day moving average price of $45.70. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $25.57 and a 52-week high of $46.25. The company has a market cap of $2.79 billion, a P/E ratio of 39.27 and a beta of 0.17.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last released its earnings results on Tuesday, August 29th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. The firm had revenue of $254.60 million during the quarter, compared to analysts’ expectations of $242.85 million. Ollie’s Bargain Outlet Holdings had a return on equity of 10.44% and a net margin of 7.60%. The company’s revenue was up 20.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 EPS. On average, analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post $1.19 earnings per share for the current fiscal year.

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A number of research analysts have commented on the company. BidaskClub upgraded Ollie’s Bargain Outlet Holdings from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 5th. Zacks Investment Research upgraded Ollie’s Bargain Outlet Holdings from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research note on Wednesday, August 30th. Bank of America Corporation restated a “buy” rating and issued a $52.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Tuesday, September 5th. Royal Bank Of Canada boosted their target price on Ollie’s Bargain Outlet Holdings from $47.00 to $49.00 and gave the company an “outperform” rating in a research note on Wednesday, August 30th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $48.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Wednesday, August 23rd. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $47.13.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Invictus RG bought a new position in shares of Ollie’s Bargain Outlet Holdings in the 1st quarter valued at about $101,000. Advisor Group Inc. grew its holdings in shares of Ollie’s Bargain Outlet Holdings 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 acquiring an additional 537 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Ollie’s Bargain Outlet Holdings in the 2nd quarter valued at about $139,000. LS Investment Advisors LLC grew its holdings in shares of Ollie’s Bargain Outlet Holdings by 125.2% in the 1st quarter. LS Investment Advisors LLC now owns 4,329 shares of the company’s stock valued at $145,000 after acquiring an additional 2,407 shares in the last quarter. Finally, D.A. Davidson & CO. grew its holdings in shares of Ollie’s Bargain Outlet Holdings 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 acquiring an additional 447 shares in the last quarter. Institutional investors own 92.19% of the company’s stock.

About Ollie’s Bargain Outlet Holdings

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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