Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) SVP Omar Segura sold 15,334 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $32.06, for a total value of $491,608.04. Following the completion of the sale, the senior vice president now directly owns 15,334 shares of the company’s stock, valued at approximately $491,608.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Omar Segura also recently made the following trade(s):

  • On Monday, November 14th, Omar Segura sold 21,083 shares of Ollie’s Bargain Outlet Holdings stock. The stock was sold at an average price of $30.41, for a total value of $641,134.03.

Shares of Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) traded down 0.63% during trading on Friday, hitting $31.80. The company had a trading volume of 304,068 shares. The company has a market capitalization of $1.92 billion, a P/E ratio of 41.30 and a beta of 0.08. Ollie’s Bargain Outlet Holdings Inc. has a 52 week low of $15.86 and a 52 week high of $32.67. The stock’s 50-day moving average price is $27.97 and its 200 day moving average price is $26.08.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last issued its earnings results on Wednesday, August 31st. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The company had revenue of $211.30 million for the quarter, compared to the consensus estimate of $207.61 million. Ollie’s Bargain Outlet Holdings had a return on equity of 8.91% and a net margin of 5.80%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the company earned $0.15 EPS. On average, equities research analysts forecast that Ollie’s Bargain Outlet Holdings Inc. will post $0.90 earnings per share for the current year.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Wasatch Advisors Inc. increased its stake in Ollie’s Bargain Outlet Holdings by 3.3% in the third quarter. Wasatch Advisors Inc. now owns 3,002,648 shares of the company’s stock worth $78,699,000 after buying an additional 96,232 shares during the last quarter. Vanguard Group Inc. increased its stake in Ollie’s Bargain Outlet Holdings by 134.0% in the second quarter. Vanguard Group Inc. now owns 2,757,755 shares of the company’s stock worth $68,640,000 after buying an additional 1,579,045 shares during the last quarter. TimesSquare Capital Management LLC increased its stake in Ollie’s Bargain Outlet Holdings by 4.8% in the second quarter. TimesSquare Capital Management LLC now owns 1,635,000 shares of the company’s stock worth $40,695,000 after buying an additional 75,000 shares during the last quarter. Morgan Stanley increased its stake in Ollie’s Bargain Outlet Holdings by 2.1% in the third quarter. Morgan Stanley now owns 1,552,690 shares of the company’s stock worth $40,696,000 after buying an additional 32,313 shares during the last quarter. Finally, Eagle Asset Management Inc. increased its stake in Ollie’s Bargain Outlet Holdings by 8.1% in the third quarter. Eagle Asset Management Inc. now owns 1,476,175 shares of the company’s stock worth $38,690,000 after buying an additional 110,576 shares during the last quarter.

Several analysts have issued reports on OLLI shares. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $28.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Monday, August 29th. Zacks Investment Research lowered Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. MKM Partners started coverage on Ollie’s Bargain Outlet Holdings in a research note on Friday, October 14th. They issued a “buy” rating and a $33.00 target price for the company. RBC Capital Markets reaffirmed an “outperform” rating and issued a $32.00 target price (up previously from $30.00) on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, September 1st. Finally, Royal Bank Of Canada increased their price objective on Ollie’s Bargain Outlet Holdings from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, September 1st. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $28.22.

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About Ollie’s Bargain Outlet Holdings

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers deals on closeouts, excess inventory and salvage merchandise. The Company’s product offerings include food, such as packaged food, including coffee, bottled non-carbonated beverages, salty snacks, condiments, sauces, spices, dry pasta, canned goods, cereal and cookies; housewares, such as cooking utensils, dishes, appliances, storage and garbage bags, detergents and cleaning supplies, cookware and glassware, frames and giftware; books and stationery, such as novels, business, cooking, inspirational and coffee table books along with digital versatile discs (DVDs), greeting cards and various office supplies and party goods, and bed and bath, such as household goods, including bedding, towels, curtains and associated hardware.

5 Day Chart for NASDAQ:OLLI

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