Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Free Report) CFO Robert F. Helm sold 2,401 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $94.68, for a total value of $227,326.68. Following the transaction, the chief financial officer now directly owns 2,021 shares of the company’s stock, valued at $191,348.28. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ollie’s Bargain Outlet Price Performance
NASDAQ OLLI opened at $90.79 on Thursday. The stock has a market capitalization of $5.57 billion, a P/E ratio of 27.68, a PEG ratio of 2.35 and a beta of 0.84. The firm’s 50-day moving average is $95.26 and its two-hundred day moving average is $89.48. Ollie’s Bargain Outlet Holdings, Inc. has a 12 month low of $68.05 and a 12 month high of $104.98.
Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last released its quarterly earnings results on Thursday, August 29th. The company reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. The company had revenue of $578.38 million for the quarter, compared to analysts’ expectations of $561.60 million. Ollie’s Bargain Outlet had a return on equity of 13.27% and a net margin of 9.19%. The firm’s revenue was up 12.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. As a group, analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 3.28 EPS for the current year.
Wall Street Analyst Weigh In
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Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in OLLI. Goldman Sachs Group Inc. increased its position in shares of Ollie’s Bargain Outlet by 41.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 379,158 shares of the company’s stock worth $28,774,000 after acquiring an additional 111,843 shares during the period. Vanguard Group Inc. raised its position in Ollie’s Bargain Outlet by 0.8% in 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 in the last quarter. Diversified Trust Co boosted its stake in shares of Ollie’s Bargain Outlet by 23.4% in the 1st quarter. Diversified Trust Co now owns 4,488 shares of the company’s stock valued at $357,000 after buying an additional 852 shares during the period. State of Michigan Retirement System grew its position in shares of Ollie’s Bargain Outlet by 2.0% during the first quarter. State of Michigan Retirement System now owns 15,103 shares of the company’s stock worth $1,202,000 after buying an additional 300 shares in the last quarter. Finally, Wasatch Advisors LP increased its stake in shares of Ollie’s Bargain Outlet by 4.1% during the first quarter. Wasatch Advisors LP now owns 3,917,575 shares of the company’s stock worth $311,721,000 after buying an additional 156,095 shares during the period.
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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