Ollie's Bargain Outlet Holdings Inc (OLLI) VP Howard Freedman Sells 11,500 Shares

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) VP Howard Freedman sold 11,500 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $48.50, for a total value of $557,750.00. Following the sale, the vice president now owns 40,870 shares of the company’s stock, valued at $1,982,195. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Ollie's Bargain Outlet Holdings Inc (NASDAQ OLLI) traded up $0.30 during trading on Wednesday, reaching $51.00. The company’s stock had a trading volume of 959,243 shares, compared to its average volume of 594,397. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.29 and a current ratio of 2.80. Ollie's Bargain Outlet Holdings Inc has a 52-week low of $27.75 and a 52-week high of $51.53. The firm has a market cap of $3,046.05, a P/E ratio of 45.93, a P/E/G ratio of 2.14 and a beta of 0.18.

A number of institutional investors have recently modified their holdings of the business. Shelton Capital Management acquired a new stake in Ollie's Bargain Outlet during the 3rd quarter worth about $213,000. GSA Capital Partners LLP acquired a new stake in Ollie's Bargain Outlet during the 3rd quarter worth about $243,000. Sterling Capital Management LLC grew its holdings in Ollie's Bargain Outlet by 15.8% during 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 period. First Heartland Consultants Inc. acquired a new stake in Ollie's Bargain Outlet during the 3rd quarter worth about $207,000. Finally, California Public Employees Retirement System acquired a new stake in Ollie's Bargain Outlet during the 3rd quarter worth about $590,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

A number of brokerages have recently commented on OLLI. Jefferies Group increased their price target on Ollie's Bargain Outlet to $57.00 and gave the company a “buy” rating in a research note on Tuesday. Zacks Investment Research upgraded Ollie's Bargain Outlet from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research note on Tuesday, September 19th. Morgan Stanley began coverage on Ollie's Bargain Outlet in a research note on Monday, September 25th. They issued an “equal weight” rating and a $46.00 price target for the company. KeyCorp reiterated a “buy” rating and issued a $50.00 price target on shares of Ollie's Bargain Outlet in a research note on Friday, September 29th. Finally, Citigroup began coverage on Ollie's Bargain Outlet in a research note on Friday, November 17th. They issued a “sell” rating and a $39.00 price target for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $47.46.

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About Ollie's Bargain Outlet

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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