Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Free Report) SVP Kevin Mclain sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $98.99, for a total transaction of $1,484,850.00. Following the completion of the sale, the senior vice president now owns 10,610 shares of the company’s stock, valued at $1,050,283.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Ollie’s Bargain Outlet Price Performance
NASDAQ OLLI opened at $98.99 on Friday. The company has a fifty day moving average of $95.41 and a 200 day moving average of $86.11. The company has a market capitalization of $6.07 billion, a PE ratio of 31.23, a P/E/G ratio of 2.48 and a beta of 0.84. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $68.05 and a 1 year high of $104.98.
Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last issued its earnings results on Thursday, August 29th. The company reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. The firm had revenue of $578.38 million for the quarter, compared to the consensus estimate of $561.60 million. Ollie’s Bargain Outlet had a return on equity of 13.27% and a net margin of 9.19%. The company’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.67 earnings per share. Research analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 3.28 earnings per share for the current year.
Analyst Ratings Changes
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Institutional Investors Weigh In On Ollie’s Bargain Outlet
A number of hedge funds and other institutional investors have recently made changes to their positions in OLLI. Sei Investments Co. boosted its holdings in Ollie’s Bargain Outlet by 15.3% during the first quarter. Sei Investments Co. now owns 207,554 shares of the company’s stock worth $16,515,000 after buying an additional 27,531 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Ollie’s Bargain Outlet during the 1st quarter worth about $1,621,000. Wells Fargo & Company MN grew its position in shares of Ollie’s Bargain Outlet by 8.2% during the 4th quarter. Wells Fargo & Company MN now owns 200,720 shares of the company’s stock valued at $15,233,000 after acquiring an additional 15,187 shares during the period. Axxcess Wealth Management LLC purchased a new position in shares of Ollie’s Bargain Outlet in the 1st quarter valued at about $841,000. Finally, Meeder Asset Management Inc. acquired a new position in Ollie’s Bargain Outlet in the 1st quarter worth about $529,000.
About Ollie’s Bargain Outlet
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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