Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) CFO Robert F. Helm Sells 170 Shares of Stock

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLIGet Free Report) CFO Robert F. Helm sold 170 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $78.76, for a total value of $13,389.20. Following the completion of the transaction, the chief financial officer now directly owns 1,607 shares of the company’s stock, valued at $126,567.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Ollie’s Bargain Outlet Trading Down 4.2 %

NASDAQ OLLI opened at $68.45 on Thursday. Ollie’s Bargain Outlet Holdings, Inc. has a 1-year low of $52.93 and a 1-year high of $84.38. The stock has a 50-day moving average of $76.42 and a 200-day moving average of $75.41. The firm has a market cap of $4.20 billion, a PE ratio of 23.44 and a beta of 0.76.

Ollie’s Bargain Outlet (NASDAQ:OLLIGet Free Report) last released its earnings results on Wednesday, March 20th. The company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. Ollie’s Bargain Outlet had a return on equity of 12.55% and a net margin of 8.63%. The company had revenue of $648.90 million during the quarter, compared to analyst estimates of $649.39 million. During the same quarter in the previous year, the company posted $0.84 EPS. Ollie’s Bargain Outlet’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, equities research analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 3.19 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

OLLI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on Ollie’s Bargain Outlet from $88.00 to $85.00 and set a “neutral” rating on the stock in a research report on Thursday, March 21st. TheStreet downgraded Ollie’s Bargain Outlet from a “b” rating to a “c+” rating in a research report on Thursday, December 14th. Truist Financial increased their price objective on Ollie’s Bargain Outlet from $78.00 to $80.00 and gave the stock a “hold” rating in a research report on Thursday, March 21st. The Goldman Sachs Group raised their price target on Ollie’s Bargain Outlet from $91.00 to $104.00 and gave the company a “buy” rating in a research report on Thursday, March 21st. Finally, UBS Group lifted their price target on Ollie’s Bargain Outlet from $92.00 to $95.00 and gave the stock a “neutral” rating in a research note on Thursday, December 7th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $84.08.

View Our Latest Research Report on OLLI

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kapitalo Investimentos Ltda bought a new position in Ollie’s Bargain Outlet during the 4th quarter valued at approximately $447,000. Nomura Holdings Inc. bought a new position in Ollie’s Bargain Outlet during the 4th quarter valued at approximately $3,019,000. Vanguard Group Inc. raised its position in Ollie’s Bargain Outlet by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 5,539,005 shares of the company’s stock valued at $420,355,000 after purchasing an additional 43,979 shares during the last quarter. Greenwood Capital Associates LLC raised its position in Ollie’s Bargain Outlet by 38.5% during the 4th quarter. Greenwood Capital Associates LLC now owns 7,435 shares of the company’s stock valued at $564,000 after purchasing an additional 2,065 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Ollie’s Bargain Outlet by 41.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 379,158 shares of the company’s stock valued at $28,774,000 after purchasing an additional 111,843 shares during the last quarter.

Ollie’s Bargain Outlet Company Profile

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

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

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