Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) by 7,676.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 19,440 shares of the company's stock after purchasing an additional 19,190 shares during the period. International Assets Investment Management LLC's holdings in Ollie's Bargain Outlet were worth $1,890,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. State of Michigan Retirement System lifted its holdings in Ollie's Bargain Outlet by 2.0% during the first quarter. State of Michigan Retirement System now owns 15,103 shares of the company's stock worth $1,202,000 after buying an additional 300 shares during the period. Commonwealth Equity Services LLC grew its stake in Ollie's Bargain Outlet by 47.4% in the first quarter. Commonwealth Equity Services LLC now owns 7,141 shares of the company's stock valued at $568,000 after purchasing an additional 2,297 shares during the last quarter. Norden Group LLC raised its holdings in Ollie's Bargain Outlet by 47.7% in the first quarter. Norden Group LLC now owns 7,402 shares of the company's stock worth $589,000 after purchasing an additional 2,392 shares in the last quarter. Nordea Investment Management AB boosted its holdings in shares of Ollie's Bargain Outlet by 202.6% in the 1st quarter. Nordea Investment Management AB now owns 94,568 shares of the company's stock valued at $7,512,000 after buying an additional 63,315 shares in the last quarter. Finally, GSA Capital Partners LLP raised its stake in shares of Ollie's Bargain Outlet by 348.5% during the 1st quarter. GSA Capital Partners LLP now owns 33,247 shares of the company's stock worth $2,645,000 after acquiring an additional 25,834 shares in the last quarter.

Insiders Place Their Bets

In other news, SVP Kevin Mclain sold 15,000 shares of Ollie's Bargain Outlet stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $98.99, for a total transaction of $1,484,850.00. Following the completion of the transaction, the senior vice president now directly owns 10,610 shares of the company's stock, valued at $1,050,283.90. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, SVP Kevin Mclain sold 15,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $98.99, for a total transaction of $1,484,850.00. Following the sale, the senior vice president now directly owns 10,610 shares of the company's stock, valued at $1,050,283.90. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Robert F. Helm sold 2,401 shares of Ollie's Bargain Outlet stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $94.68, for a total value of $227,326.68. Following the completion of the transaction, the chief financial officer now owns 2,021 shares of the company's stock, valued at approximately $191,348.28. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,880 shares of company stock worth $2,462,470. Corporate insiders own 0.87% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on OLLI shares. StockNews.com downgraded shares of Ollie's Bargain Outlet from a "hold" rating to a "sell" rating in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. dropped their target price on Ollie's Bargain Outlet from $113.00 to $105.00 and set an "overweight" rating on the stock in a research note on Friday, August 30th. Gordon Haskett upgraded Ollie's Bargain Outlet from an "accumulate" rating to a "buy" rating and increased their price target for the company from $105.00 to $107.00 in a research note on Monday, August 26th. Royal Bank of Canada boosted their price target on Ollie's Bargain Outlet from $100.00 to $106.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 2nd. Finally, UBS Group increased their price objective on shares of Ollie's Bargain Outlet from $97.00 to $99.00 and gave the company a "neutral" rating in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, Ollie's Bargain Outlet currently has a consensus rating of "Moderate Buy" and a consensus target price of $104.92.

Ollie's Bargain Outlet Stock Up 2.7 %

Shares of NASDAQ:OLLI traded up $2.52 during midday trading on Monday, reaching $95.50. The company's stock had a trading volume of 1,072,444 shares, compared to its average volume of 1,025,419. The stock has a fifty day moving average of $94.40 and a 200 day moving average of $90.52. Ollie's Bargain Outlet Holdings, Inc. has a twelve month low of $68.05 and a twelve month high of $104.98. The firm has a market capitalization of $5.86 billion, a PE ratio of 28.90, a P/E/G ratio of 2.28 and a beta of 0.84.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last released its quarterly earnings data on Thursday, August 29th. The company reported $0.78 earnings per share for the quarter, meeting analysts' consensus estimates of $0.78. Ollie's Bargain Outlet had a return on equity of 13.27% and a net margin of 9.19%. The business had revenue of $578.38 million during the quarter, compared to analyst estimates of $561.60 million. During the same quarter last year, the business posted $0.67 EPS. The company's revenue was up 12.4% on a year-over-year basis. Sell-side analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post 3.28 earnings per share for the current fiscal year.

About Ollie's Bargain Outlet

Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise in the United States. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products.