Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) CEO Mark L. Butler sold 6,248 shares of the stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $45.00, for a total value of $281,160.00. Following the completion of the sale, the chief executive officer now owns 4,880,480 shares of the company’s stock, valued at approximately $219,621,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Ollie’s Bargain Outlet Holdings, Inc. (OLLI) opened at 42.70 on Thursday. The firm’s 50-day moving average price is $43.89 and its 200-day moving average price is $38.53. The company has a market cap of $2.61 billion, a P/E ratio of 40.28 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.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last announced its quarterly earnings data on Tuesday, August 29th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $254.60 million for the quarter, compared to analysts’ expectations of $242.85 million. Ollie’s Bargain Outlet Holdings had a net margin of 7.25% and a return on equity of 10.11%. The firm’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period last year, the firm posted $0.21 earnings per share. Analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post $1.17 EPS for the current year.

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A number of equities research analysts have recently issued reports on OLLI shares. TheStreet upgraded Ollie’s Bargain Outlet Holdings from a “c” rating to a “b-” rating in a research note on Monday, July 17th. BidaskClub lowered Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 10th. Royal Bank Of Canada reiterated a “buy” rating and issued a $37.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, May 25th. Piper Jaffray Companies set a $48.00 target price on Ollie’s Bargain Outlet Holdings and gave the company a “buy” rating in a research note on Thursday, June 1st. Finally, Zacks Investment Research upgraded Ollie’s Bargain Outlet Holdings from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $45.67.

A number of hedge funds have recently modified their holdings of OLLI. FMR LLC raised its position in shares of Ollie’s Bargain Outlet Holdings by 22.3% in the first quarter. FMR LLC now owns 6,550,250 shares of the company’s stock worth $219,433,000 after buying an additional 1,195,337 shares during the period. BlackRock Inc. raised its position in shares of Ollie’s Bargain Outlet Holdings by 17.3% in the second quarter. BlackRock Inc. now owns 5,659,483 shares of the company’s stock worth $241,093,000 after buying an additional 832,667 shares during the period. Vanguard Group Inc. raised its position in shares of Ollie’s Bargain Outlet Holdings by 4.7% in the second quarter. Vanguard Group Inc. now owns 4,339,008 shares of the company’s stock worth $184,842,000 after buying an additional 195,242 shares during the period. Wasatch Advisors Inc. raised its position in shares of Ollie’s Bargain Outlet Holdings by 1.2% in the second quarter. Wasatch Advisors Inc. now owns 3,136,746 shares of the company’s stock worth $133,625,000 after buying an additional 37,517 shares during the period. Finally, Alliancebernstein L.P. raised its position in shares of Ollie’s Bargain Outlet Holdings by 0.7% in the first quarter. Alliancebernstein L.P. now owns 2,949,312 shares of the company’s stock worth $98,802,000 after buying an additional 20,795 shares during the period. Hedge funds and other institutional investors own 92.90% of the company’s stock.

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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