Ollie’s Bargain Outlet Holdings, Inc. (OLLI) Files Form 4 Insider Buying : Thomas Hendrickson Buys 1,950 Shares

Ollie’s Bargain Outlet Holdings, Inc. (OLLI): Thomas Hendrickson , director of Ollie’s Bargain Outlet Holdings, Inc. purchased 1,950 shares on Apr 12, 2016. The Insider buying transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $23.89 per share for a total value of $46,585.50 according the SEC Form 4 Filing.

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 Downgraded by Credit Suisse to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Feb 1, 2016.

In the past twelve weeks, the net percent change held by company insiders has changed by -63.58%.Institutional Investors own 82.72% of Ollie's Bargain Outlet Holdings Inc shares.During last six month period, the net percent change held by insiders has seen a change of -63.58%.

Shares of Ollie's Bargain Outlet Holdings Inc (OLLI) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.08 points or -4.29% at $24.12 with 5,19,187 shares getting traded. Post opening the session at $25.32, the shares hit an intraday low of $24.12 and an intraday high of $25.5 and the price vacillated in this range throughout the day. The company has a market cap of $1,411 M and the number of outstanding shares has been calculated to be 5,85,12,940 shares. The 52-week high of Ollie's Bargain Outlet Holdings Inc is $25.99 and the 52-week low is $14.88.

Ollie's Bargain Outlet Holdings Inc Money Flow Index Chart

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.

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