John Swygert Sells 5,231 Shares of Ollie's Bargain Outlet (NASDAQ:OLLI) Stock

Key Points

• Chairman John Swygert sold 5,231 shares of Ollie's (NASDAQ:OLLI) on March 31 at an average price of $92.09 for about $481,722.79, cutting his stake by 9.79% to 48,200 shares; the sale was made under a pre-arranged Rule 10b5-1 plan.
• Q4 results showed a slight EPS beat and strong revenue growth: the company reported $1.39 EPS vs. $1.38 expected and revenue of $779.26M (up 16.8% year-over-year), and set FY 2026 guidance of $4.40–$4.50 EPS.
• Market and analyst outlook is mostly positive: OLLI traded up ~4.4% to $95.22 on higher-than-average volume, and the consensus from analysts is a "Moderate Buy" with an average price target of $141.14.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) Chairman John Swygert sold 5,231 shares of the business's stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $92.09, for a total transaction of $481,722.79. Following the transaction, the chairman directly owned 48,200 shares of the company's stock, valued at $4,438,738. The trade was a 9.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ollie's Bargain Outlet Stock Up 4.4%

NASDAQ OLLI traded up $3.98 on Thursday, hitting $95.22. The stock had a trading volume of 1,885,921 shares, compared to its average volume of 1,248,834. The company's 50-day moving average is $105.72 and its two-hundred day moving average is $115.95. Ollie's Bargain Outlet Holdings, Inc. has a one year low of $88.44 and a one year high of $141.74. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 24.42, a P/E/G ratio of 1.61 and a beta of 0.59.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. Ollie's Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The company had revenue of $779.26 million for the quarter, compared to analysts' expectations of $783.72 million. During the same quarter in the previous year, the company posted $1.19 earnings per share. The business's revenue for the quarter was up 16.8% compared to the same quarter last year. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, sell-side analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current year.

Institutional Trading of Ollie's Bargain Outlet

Several institutional investors have recently modified their holdings of the company. Allworth Financial LP boosted its stake in Ollie's Bargain Outlet by 301.8% during the third quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after buying an additional 166 shares in the last quarter. Private Trust Co. NA raised its position in Ollie's Bargain Outlet by 71.3% in the third quarter. Private Trust Co. NA now owns 245 shares of the company's stock worth $31,000 after acquiring an additional 102 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in Ollie's Bargain Outlet by 218.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company's stock valued at $27,000 after acquiring an additional 175 shares during the last quarter. Maseco LLP acquired a new stake in Ollie's Bargain Outlet in the 4th quarter valued at about $30,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Ollie's Bargain Outlet by 49.2% during 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 in the last quarter.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on OLLI. Loop Capital raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and increased their price target for the stock from $130.00 to $135.00 in a research note on Monday, December 22nd. Citigroup cut their price objective on shares of Ollie's Bargain Outlet from $150.00 to $141.00 and set a "buy" rating on the stock in a research note on Thursday, December 11th. Craig Hallum reiterated a "buy" rating and issued a $157.00 target price on shares of Ollie's Bargain Outlet in a research report on Wednesday, December 10th. The Goldman Sachs Group reissued a "buy" rating and set a $162.00 target price on shares of Ollie's Bargain Outlet in a research note on Wednesday, December 10th. Finally, UBS Group set a $125.00 price target on shares of Ollie's Bargain Outlet in a research note on Monday, March 16th. Fourteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $141.14.

About Ollie's Bargain Outlet

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.