Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Sees Significant Decrease in Short Interest

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 3,903,050 shares, a drop of 18.4% from the February 12th total of 4,780,422 shares. Currently, 6.4% of the company’s stock are short sold. Based on an average daily volume of 826,447 shares, the short-interest ratio is presently 4.7 days. Based on an average daily volume of 826,447 shares, the short-interest ratio is presently 4.7 days. Currently, 6.4% of the company’s stock are short sold.

Insider Transactions at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 1,126 shares of Ollie’s Bargain Outlet stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $112.06, for a total value of $126,179.56. Following the completion of the transaction, the chairman owned 48,200 shares in the company, valued at approximately $5,401,292. This trade represents a 2.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.87% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Several hedge funds and other institutional investors have recently bought and sold shares of OLLI. Bessemer Group Inc. boosted its stake in Ollie’s Bargain Outlet by 25.0% in the third quarter. Bessemer Group Inc. now owns 430 shares of the company’s stock valued at $55,000 after acquiring an additional 86 shares in the last quarter. MAI Capital Management increased its position in shares of Ollie’s Bargain Outlet by 28.5% during the second quarter. MAI Capital Management now owns 397 shares of the company’s stock worth $52,000 after purchasing an additional 88 shares in the last quarter. Campbell Newman Asset Management Inc. increased its position in shares of Ollie’s Bargain Outlet by 0.4% during the third quarter. Campbell Newman Asset Management Inc. now owns 20,850 shares of the company’s stock worth $2,677,000 after purchasing an additional 90 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Ollie’s Bargain Outlet by 0.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company’s stock valued at $1,905,000 after purchasing an additional 91 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after purchasing an additional 92 shares during the last quarter.

Ollie’s Bargain Outlet Price Performance

Shares of NASDAQ OLLI traded down $2.61 during midday trading on Monday, hitting $106.64. 2,184,980 shares of the company’s stock were exchanged, compared to its average volume of 1,201,545. The firm’s fifty day simple moving average is $110.85 and its 200-day simple moving average is $118.82. The company has a market cap of $6.54 billion, a PE ratio of 27.34, a P/E/G ratio of 1.67 and a beta of 0.53. Ollie’s Bargain Outlet has a twelve month low of $98.19 and a twelve month high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The firm had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.19 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Equities analysts anticipate that Ollie’s Bargain Outlet will post 3.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on OLLI. Sanford C. Bernstein restated an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Wells Fargo & Company upgraded shares of Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $120.00 to $130.00 in a report on Friday. Bank of America reissued a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday. Craig Hallum restated a “buy” rating and issued a $157.00 price objective on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Finally, Truist Financial set a $135.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Friday. Thirteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Ollie’s Bargain Outlet has a consensus rating of “Moderate Buy” and a consensus target price of $141.50.

Key Headlines Impacting Ollie’s Bargain Outlet

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Wells Fargo upgraded OLLI, signaling improving analyst conviction after the company’s Q4 results and growth outlook. The upgrade supports the view that store expansion and comp strength should drive upside over time. Wells Fargo Upgrade
• Positive Sentiment: Bank of America reaffirmed its Buy stance on OLLI, reinforcing bullish expectations around share gains from store growth, customer conversion (including upside from Big Lots’ bankruptcy fallout), and institutional accumulation. Bank of America Buy
• Positive Sentiment: Piper Sandler reiterated an Overweight rating on OLLI, adding to the cluster of positive analyst views that point to multi-year upside from aggressive store openings and improving margins once opening expenses normalize. Piper Sandler Overweight
• Positive Sentiment: MarketBeat/MSN pieces argue the downtrend is over and that Ollie’s is positioned for a rebound to record highs, citing solid Q4 comps, 15%+ store growth, rising loyalty metrics and institutional buying—this narrative can support further buying if upcoming quarters beat guidance. MarketBeat Article
• Neutral Sentiment: KeyCorp published a Q1 earnings estimate for OLLI (near-term forecast detail) — useful for modeling near-term cadence but not a dramatic standalone catalyst. Investors should watch upcoming quarterly cadence vs. guidance. KeyCorp Q1 Estimate
• Neutral Sentiment: A short interest update was released for OLLI; elevated awareness of short positioning can amplify moves but the update didn’t present a discrete new catalyst. Monitor changes in short interest as potential volatility fuel. Short Interest Update
• Negative Sentiment: Morgan Stanley cut its price target on OLLI to $120, reflecting more conservative near‑term expectations and adding downward pressure on the stock despite other bullish calls; that downgrade is likely the most direct driver of short‑term selling. Morgan Stanley PT Cut

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.