Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) SVP Omar Segura Sells 6,102 Shares

Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) SVP Omar Segura sold 6,102 shares of Ollie’s Bargain Outlet stock in a transaction on Monday, August 12th. The shares were sold at an average price of $78.49, for a total transaction of $478,945.98. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Monday, July 15th, Omar Segura sold 10,000 shares of Ollie’s Bargain Outlet stock. The shares were sold at an average price of $87.45, for a total transaction of $874,500.00.

Shares of OLLI traded down $0.45 during midday trading on Thursday, hitting $75.13. The company had a trading volume of 116,060 shares, compared to its average volume of 893,132. The firm has a 50 day moving average price of $84.40. The stock has a market cap of $4.84 billion, a PE ratio of 41.05, a price-to-earnings-growth ratio of 1.66 and a beta of 0.73. Ollie’s Bargain Outlet Holdings Inc has a 52 week low of $59.72 and a 52 week high of $103.03. The company has a current ratio of 1.86, a quick ratio of 0.31 and a debt-to-equity ratio of 0.23.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Thursday, June 6th. The company reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.02. The company had revenue of $324.90 million during the quarter, compared to the consensus estimate of $319.24 million. Ollie’s Bargain Outlet had a net margin of 11.10% and a return on equity of 13.49%. The company’s revenue was up 17.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.41 EPS. On average, research analysts predict that Ollie’s Bargain Outlet Holdings Inc will post 2.16 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Optimum Investment Advisors bought a new stake in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at about $26,000. Intercontinental Wealth Advisors LLC bought a new stake in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at about $39,000. NumerixS Investment Technologies Inc bought a new stake in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at about $44,000. Toronto Dominion Bank bought a new stake in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at about $52,000. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at about $58,000. 89.75% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on OLLI shares. Zacks Investment Research lowered shares of Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating and set a $101.00 target price on the stock. in a report on Tuesday, June 4th. Dougherty & Co initiated coverage on shares of Ollie’s Bargain Outlet in a report on Thursday, May 23rd. They issued a “buy” rating and a $115.00 price objective on the stock. Credit Suisse Group boosted their price objective on shares of Ollie’s Bargain Outlet from $89.00 to $103.00 and gave the stock an “outperform” rating in a report on Tuesday, May 14th. They noted that the move was a valuation call. Loop Capital raised shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and boosted their target price for the stock from $90.00 to $100.00 in a research report on Wednesday, July 31st. Finally, BidaskClub downgraded shares of Ollie’s Bargain Outlet from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $96.38.

About Ollie’s Bargain Outlet

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

Featured Story: Quantitative Easing

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

Receive News & Ratings for Ollie's Bargain Outlet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ollie's Bargain Outlet and related companies with MarketBeat.com's FREE daily email newsletter.