Ollie’s Bargain Outlet Holdings, Inc. (OLLI): Kevin Mclain , SVP, Merchandising of Ollie’s Bargain Outlet Holdings, Inc. sold 10,000 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $26.00 per share for a total value of $260,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 23, 2016, Howard Freedman (VP, Merchandising) sold 6,000 shares at $26.02 per share price.On Sep 2, 2016, Thomas Hendrickson (director) purchased 1,950 shares at $23.89 per share price.Also, On Sep 2, 2016, Kenneth Robert Bertram (VP and General Counsel) sold 10,000 shares at $28.49 per share price.On Aug 24, 2016, John W Swygert (EVP, CFO) sold 15,000 shares at $28.03 per share price.
Shares of Ollie's Bargain Outlet Holdings Inc (OLLI) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -0.80% at $26.18 with 6,66,585 shares getting traded. Post opening the session at $26.49, the shares hit an intraday low of $25.97 and an intraday high of $26.5 and the price vacillated in this range throughout the day. The company has a market cap of $1,577 M and the number of outstanding shares has been calculated to be 6,02,34,033 shares. The 52-week high of Ollie's Bargain Outlet Holdings Inc is $28.72 and the 52-week low is $14.88.
Company has been under the radar of several Street Analysts.Ollie's Bargain Outlet Holdings Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $30 .The Rating was issued on Sep 1, 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.