Ollie’s Bargain Outlet Holdings, Inc. (OLLI): Howard Freedman , VP, Merchandising of Ollie’s Bargain Outlet Holdings, Inc. sold 12,000 shares on Sep 19, 2016. The Insider selling transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were sold at $25.37 per share for a total value of $303,805.00 , 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 2, 2016, Thomas Hendrickson (director) purchased 1,950 shares at $23.89 per share price.On Sep 2, 2016, Kenneth Robert Bertram (VP and General Counsel) sold 10,000 shares at $28.49 per share price.Also, On Aug 24, 2016, John W Swygert (EVP, CFO) sold 15,000 shares at $28.03 per share price.On Aug 24, 2016, Omar Segura (SVP, Store Operations) sold 21,083 shares at $28.03 per share price.
Ollie's Bargain Outlet Holdings Inc: On Tuesday, Sep 21, 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 $25.39 and hit $25.79 on the upside , eventually ending the session at $25.6, with a gain of 2.03% or 0.51 points. The heightened volatility saw the trading volume jump to 9,38,226 shares. The 52-week high of the share price is $28.72 and the company has a market cap of $1,542 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 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.