Bullseye Asset Management LLC Sells 15,000 Shares of Ollie’s Bargain Outlet Holdings, Inc. $OLLI

Bullseye Asset Management LLC lowered its stake in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 39.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,821 shares of the company’s stock after selling 15,000 shares during the quarter. Ollie’s Bargain Outlet comprises 1.5% of Bullseye Asset Management LLC’s portfolio, making the stock its 27th largest position. Bullseye Asset Management LLC’s holdings in Ollie’s Bargain Outlet were worth $2,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Invesco Ltd. grew its holdings in shares of 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. Hood River Capital Management LLC lifted its stake in shares of Ollie’s Bargain Outlet by 165.4% in 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 period. Norges Bank bought a new stake in shares of Ollie’s Bargain Outlet during the second quarter valued at approximately $83,622,000. Marshall Wace LLP boosted its position in shares of Ollie’s Bargain Outlet by 1,082.9% during the third quarter. Marshall Wace LLP now owns 390,196 shares of the company’s stock valued at $50,101,000 after purchasing an additional 357,210 shares in the last quarter. Finally, Barclays PLC grew its stake in Ollie’s Bargain Outlet by 1,059.9% in the third quarter. Barclays PLC now owns 365,722 shares of the company’s stock worth $46,959,000 after purchasing an additional 334,192 shares during the period.

Insider Buying and Selling at Ollie’s Bargain Outlet

In related news, Chairman John W. Swygert sold 1,126 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $112.06, for a total value of $126,179.56. Following the completion of the transaction, the chairman directly owned 48,200 shares in the company, valued at $5,401,292. The trade was a 2.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is owned by company insiders.

Key Stories Impacting Ollie’s Bargain Outlet

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

• Positive Sentiment: Q4 results beat on EPS and showed healthy momentum: EPS of $1.39 (beat by $0.01), comps +3.6% and revenue +16.8% y/y; company set FY2026 EPS guidance of $4.40–4.50 and revenue roughly $2.99–$3.01B — guidance is above prior street figures and supports multi-year growth from store openings and loyalty gains. Read More.
• Positive Sentiment: Aggressive store expansion remains a clear growth driver — Ollie’s opened ~86 stores last year and is rolling out dozens more across multiple states, which underpins revenue and comp growth opportunities. Read More.
• Positive Sentiment: Several brokers upgraded or raised targets after the print — RBC raised its target to $155 and Wells Fargo upgraded to overweight (PT $130), signaling renewed analyst confidence that expansion and conversions (e.g., Big Lots closures) can drive outsized upside. Read More.
• Neutral Sentiment: Earnings call transcript confirms results were broadly in line with expectations (management reiterated growth plan and discussed margin dynamics), offering more color but no surprise guidance changes beyond the issued FY range. Read More.
• Neutral Sentiment: Market commentary highlights strong fundamentals but flags valuation and the prospect that guidance may be conservative — several pieces call the business high quality but note the share pullback and mixed near-term comparisons. Read More.
• Negative Sentiment: Not all analysts were uniformly more bullish — Morgan Stanley cut its price target to $120 and set an equal‑weight rating, reflecting caution on near-term upside despite the long‑term story. Read More.
• Negative Sentiment: Revenue slightly missed consensus ($779.3M vs. ~$783.7M) and the EPS beat was marginal, which leaves room for investor sensitivity if future quarters show similar tight misses versus elevated expectations. Read More.

Ollie’s Bargain Outlet Trading Up 4.2%

NASDAQ OLLI opened at $109.25 on Friday. The stock has a market cap of $6.70 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.61 and a beta of 0.53. The stock’s fifty day moving average price is $111.06 and its 200-day moving average price is $119.15. Ollie’s Bargain Outlet Holdings, Inc. has a 12 month low of $98.19 and a 12 month high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $779.26 million during the quarter, compared to analyst estimates of $783.72 million. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.38%. Ollie’s Bargain Outlet’s revenue was up 16.8% compared to the same quarter last year. During the same period last year, the business earned $1.19 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

OLLI has been the subject of several recent research reports. Morgan Stanley lowered their price objective on Ollie’s Bargain Outlet from $130.00 to $120.00 and set an “equal weight” rating for the company in a research report on Friday. Bank of America reaffirmed a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday. The Goldman Sachs Group reissued a “buy” rating and set a $162.00 price target on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Wells Fargo & Company raised shares of Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $120.00 to $130.00 in a research note on Friday. Finally, Piper Sandler restated an “overweight” rating and issued a $128.00 price objective (down from $140.00) on shares of Ollie’s Bargain Outlet in a report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.86.

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.