Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) CFO Jay Stasz sold 5,337 shares of the stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $91.16, for a total value of $486,520.92. Following the completion of the sale, the chief financial officer now owns 12,733 shares in the company, valued at $1,160,740.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

NASDAQ:OLLI traded down $0.70 during trading hours on Monday, hitting $90.15. The company’s stock had a trading volume of 26,493 shares, compared to its average volume of 708,324. The firm has a market capitalization of $5.70 billion, a PE ratio of 72.40, a price-to-earnings-growth ratio of 2.07 and a beta of 0.26. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.51 and a quick ratio of 0.31. Ollie’s Bargain Outlet Holdings Inc has a 52-week low of $42.36 and a 52-week high of $94.70.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its earnings results on Wednesday, September 5th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.36 by $0.04. The firm had revenue of $288.10 million for the quarter, compared to analyst estimates of $284.19 million. Ollie’s Bargain Outlet had a return on equity of 12.48% and a net margin of 12.88%. Ollie’s Bargain Outlet’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 earnings per share. equities analysts anticipate that Ollie’s Bargain Outlet Holdings Inc will post 1.75 EPS for the current year.

Several brokerages have recently issued reports on OLLI. BidaskClub cut Ollie’s Bargain Outlet from a “strong-buy” rating to a “buy” rating in a research note on Friday. Zacks Investment Research upgraded Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a research note on Monday, September 10th. ValuEngine upgraded Ollie’s Bargain Outlet from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 7th. Loop Capital increased their price objective on Ollie’s Bargain Outlet to $85.00 and gave the company a “hold” rating in a research note on Friday, September 7th. Finally, Bank of America increased their price objective on Ollie’s Bargain Outlet from $88.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, September 6th. Six equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Ollie’s Bargain Outlet has an average rating of “Buy” and a consensus target price of $87.31.

Large investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC grew its holdings in shares of Ollie’s Bargain Outlet by 8.6% during the second quarter. Commonwealth Equity Services LLC now owns 9,636 shares of the company’s stock worth $699,000 after purchasing an additional 767 shares during the last quarter. Hilltop Holdings Inc. grew its holdings in shares of Ollie’s Bargain Outlet by 18.5% during the second quarter. Hilltop Holdings Inc. now owns 5,103 shares of the company’s stock worth $370,000 after purchasing an additional 797 shares during the last quarter. Swiss National Bank grew its holdings in shares of Ollie’s Bargain Outlet by 0.9% during the first quarter. Swiss National Bank now owns 85,200 shares of the company’s stock worth $5,138,000 after purchasing an additional 800 shares during the last quarter. Yorktown Management & Research Co Inc grew its holdings in shares of Ollie’s Bargain Outlet by 6.6% during the second quarter. Yorktown Management & Research Co Inc now owns 12,900 shares of the company’s stock worth $935,000 after purchasing an additional 800 shares during the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in shares of Ollie’s Bargain Outlet by 1.3% during the first quarter. Great West Life Assurance Co. Can now owns 64,968 shares of the company’s stock worth $3,919,000 after purchasing an additional 847 shares during the last quarter. 89.04% of the stock is currently owned by hedge funds and other institutional investors.

About Ollie’s Bargain Outlet

Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise. The company offers food products, housewares, books and stationery, bed and bath products, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting, pet and lawn, and garden products.

Further Reading: Technical Analysis of Stocks and What It Means

Insider Buying and Selling by Quarter for Ollie`s Bargain Outlet (NASDAQ:OLLI)

Receive News & Ratings for Ollie's Bargain Outlet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ollie's Bargain Outlet and related companies with MarketBeat.com's FREE daily email newsletter.