Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) CEO Mark L. Butler sold 140,865 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $47.09, for a total transaction of $6,633,332.85. Following the sale, the chief executive officer now owns 4,245,437 shares in the company, valued at approximately $199,917,628.33. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ OLLI) opened at $47.50 on Friday. The company has a market cap of $2,914.01, a price-to-earnings ratio of 43.94, a P/E/G ratio of 2.05 and a beta of 0.18. Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $27.75 and a 52-week high of $48.10. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.80 and a quick ratio of 0.29.

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

Several analysts have recently weighed in on the stock. BidaskClub cut shares of Ollie’s Bargain Outlet from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. KeyCorp restated a “buy” rating and set a $50.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Friday, September 29th. Zacks Investment Research cut shares of Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Jefferies Group restated a “buy” rating and set a $48.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Wednesday, August 23rd. Finally, Morgan Stanley assumed coverage on shares of Ollie’s Bargain Outlet in a research report on Monday, September 25th. They set an “equal weight” rating and a $46.00 price objective on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company’s stock. Ollie’s Bargain Outlet presently has an average rating of “Hold” and a consensus price target of $46.92.

Large investors have recently modified their holdings of the stock. Shelton Capital Management bought a new stake in Ollie’s Bargain Outlet in the 3rd quarter worth $213,000. GSA Capital Partners LLP bought a new stake in Ollie’s Bargain Outlet in the 3rd quarter worth $243,000. Sterling Capital Management LLC grew its holdings in Ollie’s Bargain Outlet by 15.8% in the 3rd quarter. Sterling Capital Management LLC now owns 78,276 shares of the company’s stock worth $3,632,000 after acquiring an additional 10,675 shares during the last quarter. First Heartland Consultants Inc. bought a new stake in Ollie’s Bargain Outlet in the 3rd quarter worth $207,000. Finally, California Public Employees Retirement System bought a new stake in Ollie’s Bargain Outlet in the 3rd quarter worth $590,000. Institutional investors own 90.03% of the company’s stock.

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Ollie’s Bargain Outlet 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 (NASDAQ:OLLI)

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