Insider Selling: Ollie's Bargain Outlet (NASDAQ:OLLI) Chairman Sells 3,330 Shares of Stock

Key Points

• Chairman John Swygert sold 3,330 shares on April 7 at an average price of $95.80 under a pre-arranged Rule 10b5-1 plan, generating $319,014 and reducing his stake by 6.46% to 48,200 shares (valued at ~$4.62M).
• Ollie's reported Q results of $1.39 EPS (beat by $0.01) and revenue of $779.3M (slightly below estimates) with revenue up 16.8% year-over-year, and it set FY 2026 guidance of 4.40–4.50 EPS while analysts expect ~3.29 EPS for the current fiscal year.
• The stock traded around $97.31 (up ~1.3%) with a market cap of $5.93B and a P/E of ~24.95; analyst coverage is largely positive (14 Buy, 2 Hold) with a consensus price target of $141.14.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) Chairman John Swygert sold 3,330 shares of the company's stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total value of $319,014.00. Following the completion of the transaction, the chairman owned 48,200 shares of the company's stock, valued at $4,617,560. The trade was a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ollie's Bargain Outlet Stock Up 1.3%

OLLI stock traded up $1.23 during midday trading on Wednesday, hitting $97.31. The company's stock had a trading volume of 1,445,747 shares, compared to its average volume of 1,246,452. Ollie's Bargain Outlet Holdings, Inc. has a 12 month low of $88.44 and a 12 month high of $141.74. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 1.67 and a beta of 0.59. The company has a 50 day moving average of $104.40 and a two-hundred day moving average of $114.65.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. The business 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 revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.19 EPS. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on OLLI. Loop Capital raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and upped their price objective for the stock from $130.00 to $135.00 in a report on Monday, December 22nd. Piper Sandler reaffirmed an "overweight" rating and set a $128.00 price objective (down from $140.00) on shares of Ollie's Bargain Outlet in a report on Friday, March 13th. UBS Group set a $125.00 price objective on Ollie's Bargain Outlet in a report on Monday, March 16th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $162.00 price objective on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $141.14.

Institutional Trading of Ollie's Bargain Outlet

A number of institutional investors have recently bought and sold shares of the stock. Wasatch Advisors LP lifted its position in Ollie's Bargain Outlet by 1.2% in the second quarter. Wasatch Advisors LP now owns 4,062,147 shares of the company's stock worth $535,310,000 after buying an additional 49,603 shares during the last quarter. Invesco Ltd. lifted its position in Ollie's Bargain Outlet by 17.2% in the third quarter. Invesco Ltd. now owns 2,992,848 shares of the company's stock worth $384,282,000 after buying an additional 440,243 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Ollie's Bargain Outlet by 315.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company's stock worth $187,117,000 after buying an additional 1,296,672 shares during the last quarter. Geode Capital Management LLC lifted its position in Ollie's Bargain Outlet by 4.9% in the fourth quarter. Geode Capital Management LLC now owns 1,217,762 shares of the company's stock worth $133,504,000 after buying an additional 56,948 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Ollie's Bargain Outlet by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,199,525 shares of the company's stock worth $131,478,000 after buying an additional 34,702 shares during the last quarter.

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.

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