John Swygert Sells 5,231 Shares of Ollie’s Bargain Outlet (NASDAQ:OLLI) Stock

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Chairman John Swygert sold 5,231 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $92.09, for a total value of $481,722.79. Following the sale, the chairman directly owned 48,200 shares in the company, valued at approximately $4,438,738. The trade was a 9.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ollie’s Bargain Outlet Price Performance

OLLI opened at $95.22 on Friday. The firm has a market capitalization of $5.80 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 1.67 and a beta of 0.59. The business’s 50-day moving average is $105.03 and its two-hundred day moving average is $115.52. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $88.44 and a 1 year high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The business had revenue of $779.26 million during the quarter, compared to analyst estimates of $783.72 million. During the same period in the prior year, the firm posted $1.19 earnings per share. The company’s quarterly revenue was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 3.29 EPS for the current year.

More Ollie’s Bargain Outlet News

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Jefferies upgraded OLLI from Hold to Buy and raised its target to $130, highlighting long‑term unit growth, strong market position and stable margins — a direct catalyst that has drawn buyer interest. Read More.
• Positive Sentiment: Wells Fargo added Ollie’s to a tactical list with a $130 target, framing recent weakness as an entry opportunity — another institutional endorsement that supports the rally. Read More.
• Positive Sentiment: Multiple outlets (Zacks, Yahoo/UK, MSN, Seeking Alpha) ran bullish takes emphasizing OLLI’s membership/traffic momentum, margin stability and relative valuation versus peers — reinforcing the narrative that shares are undervalued. Read More.
• Neutral Sentiment: Local expansion news: a new Ollie’s store opened in Derby (connects to unit-growth story). Helpful for long‑run sales and footprint but not an immediate market mover by itself. Read More.
• Negative Sentiment: Chairman John W. Swygert sold 5,231 shares (≈$482K) under a Rule 10b5‑1 plan; while pre‑planned, the disclosed reduction (~9.8% of his holding) can create short‑term caution among some investors. SEC filing and coverage are public. Read More.

Analyst Ratings Changes

Several research firms have issued reports on OLLI. Loop Capital raised shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and lifted their price target for the stock from $130.00 to $135.00 in a report on Monday, December 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $162.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Bank of America restated a “buy” rating on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $128.00 price target (down from $140.00) on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. Fourteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and a consensus price target of $141.14.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its position in shares of Ollie’s Bargain Outlet by 315.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock valued at $187,117,000 after acquiring an additional 1,296,672 shares during the period. Balyasny Asset Management L.P. purchased a new position in Ollie’s Bargain Outlet in the 3rd quarter worth $136,152,000. Invesco Ltd. lifted its position in Ollie’s Bargain Outlet by 55.5% during the 2nd quarter. Invesco Ltd. now owns 2,552,605 shares of the company’s stock worth $336,382,000 after acquiring an additional 911,364 shares during the period. Norges Bank purchased a new stake in Ollie’s Bargain Outlet during the 4th quarter valued at about $85,845,000. Finally, Hood River Capital Management LLC grew its stake in Ollie’s Bargain Outlet by 165.4% during the 2nd quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company’s stock valued at $163,452,000 after purchasing an additional 773,013 shares during the last quarter.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.