Ollie's Bargain Outlet (NASDAQ:OLLI) Chairman John Swygert Sells 3,898 Shares

Key Points

• Chairman John Swygert sold 3,898 shares on March 27 at an average price of $89.40 for about $348,481, cutting his ownership by 6.8% to 53,431 shares valued near $4.78 million.
• Ollie's posted quarterly EPS of $1.39 (beating by $0.01) with revenue of $779.3M, up 16.8% year‑over‑year, and set FY 2026 guidance at $4.40–$4.50 EPS.
• The stock is trading near its 1‑year low ($88.44) with 50‑ and 200‑day SMAs of $107.20 and $116.86, and analysts hold a consensus “Moderate Buy” rating with a $141.50 target.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) Chairman John Swygert sold 3,898 shares of the firm's stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $89.40, for a total value of $348,481.20. Following the completion of the sale, the chairman directly owned 53,431 shares in the company, valued at approximately $4,776,731.40. The trade was a 6.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Ollie's Bargain Outlet Price Performance

Shares of OLLI stock opened at $89.24 on Friday. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 1.59 and a beta of 0.53. The stock has a 50 day simple moving average of $107.20 and a 200-day simple moving average of $116.86. Ollie's Bargain Outlet Holdings, Inc. has a 1-year low of $88.44 and a 1-year high of $141.74.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its 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 for the quarter, compared to analyst estimates of $783.72 million. Ollie's Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The business's revenue was up 16.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.19 EPS. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on OLLI shares. Citigroup reduced their price target on shares of Ollie's Bargain Outlet from $150.00 to $141.00 and set a "buy" rating for the company in a research report on Thursday, December 11th. Craig Hallum reiterated a "buy" rating and issued a $157.00 price objective on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Morgan Stanley cut their price objective on Ollie's Bargain Outlet from $130.00 to $120.00 and set an "equal weight" rating for the company in a research note on Friday, March 13th. KeyCorp reissued an "overweight" rating on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Finally, Piper Sandler restated an "overweight" rating and issued a $128.00 target price (down from $140.00) on shares of Ollie's Bargain Outlet in a research report on Friday, March 13th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $141.50.

Hedge Funds Weigh In On Ollie's Bargain Outlet

Several hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP grew its stake in Ollie's Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after acquiring an additional 166 shares in the last quarter. Private Trust Co. NA raised its holdings in Ollie's Bargain Outlet by 71.3% in the 3rd quarter. Private Trust Co. NA now owns 245 shares of the company's stock valued at $31,000 after acquiring an additional 102 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake 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 worth $27,000 after purchasing an additional 175 shares in the last quarter. Maseco LLP purchased a new position in Ollie's Bargain Outlet in the 4th quarter worth approximately $30,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings 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 worth $31,000 after purchasing an additional 92 shares during the last quarter.

Key Stories Impacting Ollie's Bargain Outlet

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

• Positive Sentiment: Zacks Research issued multiple upward revisions to Ollie’s forward earnings and quarterly estimates (FY2028 raised to $5.10 from $5.00; FY2029 at $5.81) and nudged several quarterly EPS forecasts higher — a signal that at least one sell‑side shop sees stronger-than-expected future profitability, which can support a higher valuation.
• Positive Sentiment: Commentary piece argues Ollie’s is positioned to benefit from a favorable legislative "tailwind" (consumer/retail policy or demographic shifts highlighted by the author), suggesting thematic support for discount retailers that could boost demand and margins over time. Ollie’s Bargain Outlet (OLLI) Positioned to Capitalize on One Big Beautiful Bill Tailwind
• Neutral Sentiment: Ollie’s opened a new store in La Crosse with grand‑opening promotions — expansion supports long‑term square footage growth but is unlikely to materially move near‑term results on its own. Ollie's Bargain Outlet opens in La Crosse with grand opening deals
• Negative Sentiment: Zacks trimmed one quarterly estimate (Q2 2027 EPS down to $1.16 from $1.18) — a small downward revision that signals some near‑term volatility in quarter-to-quarter expectations even as its broader view remains constructive.

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.

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