Ollie’s Bargain Outlet Holdings, Inc. (OLLI): Kenneth Robert Bertram , VP and General Counsel of Ollie’s Bargain Outlet Holdings, Inc. sold 5,000 shares on Jun 16, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $23.16 per share for a total value of $115,800.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 14, 2016, Thomas Hendrickson (director) purchased 1,950 shares at $23.89 per share price.On Feb 29, 2016, Howard Freedman (VP of Merchandising) sold 35,000 shares at $19.75 per share price.Also, On Feb 26, 2016, Mark L Butler (President, CEO and Chairman) sold 2,000,000 shares at $19.75 per share price.On Feb 26, 2016, John W Swygert (EVP, CFO) sold 75,000 shares at $19.75 per share price.
Ollie's Bargain Outlet Holdings Inc: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Ollie's Bargain Outlet Holdings Inc which led to swings in the share price. The shares opened for trading at $23.16 and hit $24.28 on the upside , eventually ending the session at $23.78, with a gain of 2.68% or 0.62 points. The heightened volatility saw the trading volume jump to 12,02,650 shares. The 52-week high of the share price is $28.72 and the company has a market cap of $1,427 M . The 52-week low of the share price is at $14.88.
Company has been under the radar of several Street Analysts.Ollie's Bargain Outlet Holdings Inc is Upgraded by Piper Jaffray to Overweight and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $22 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 7, 2016.
Ollie’s Bargain Outlet Holdings Inc. is a retailer of closeouts excess inventory and salvage merchandise. The Company through its wholly owned subsidiary Ollie’s Bargain Outlet Inc. offers products of various categories including housewares food books and stationery bed and bath floor coverings toys and hardware. It offers products under various brands such as Ollie’s Ollie’s Bargain Outlet Ollie’s Army Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states including Alabama Delaware Georgia Indiana Kentucky Maryland Michigan New Jersey New York North Carolina Ohio Pennsylvania South Carolina Tennessee Virginia and West Virginia. It owns several domain names including www.ollies.us www.olliesbargainoutlet.com www.olliesarmy.com www.ollies.cheap www.sarasotabreeze.com and www.olliesmail.com.