Ollie’s Bargain Outlet to Report Earnings on June 3

Ollie’s Bargain Outlet Holdings ($OLLI) is set to announce its quarterly earnings on Tuesday, June 3rd, before the market opens, according to Finnhub. Analysts anticipate revenue of $576,124,478 and earnings of $0.72 per share.

Insider Trading Activity at Ollie’s Bargain Outlet

In the past six months, Ollie’s insiders have executed 29 stock trades, all of which were sales and none were purchases.

The following outlines recent insider trading activity:

• John W. Swygert (Executive Chairman) sold 71,807 shares totaling approximately $7,864,979.
• Kevin McLain (SVP, Merchandising) sold 12,621 shares for about $1,427,194.
• James J. Comitale (SVP, General Counsel) sold 12,527 shares for roughly $1,419,825.
• Larry Kraus (SVP, CIO) sold 10,646 shares for around $1,230,464.
• Thomas Hendrickson sold 6,250 shares valued at $717,125.
• Robert Fisch sold 6,250 shares for about $675,500.
• Robert F. Helm (EVP/CFO) sold 4,596 shares for an estimated $513,737.
• Eric Van Der Valk (President and CEO) sold 1,918 shares for approximately $213,210.

Hedge Fund Activity Surrounding Ollie’s Bargain Outlet

Recently, 226 institutional investors increased their stakes in Ollie’s while 280 reduced their holdings in the last quarter.

Major movements include:

• Citadel Advisors LLC added 1,315,424 shares (+324.6%) in Q1 2025, worth an estimated $153,062,736.
• Junto Capital Management LP sold 740,089 shares (-100.0%) in Q1 2025, valued at approximately $86,116,756.
• Capital Research Global Investors decreased their holding by 660,906 shares (-26.5%) in Q1 2025, worth around $76,903,022.
• Balyasny Asset Management LP acquired 655,663 shares in Q1 2025, estimated at $76,292,946.
• Wellington Management Group LLP bought 615,257 shares (+268.0%) in Q1 2025, costing roughly $71,591,304.
• Ameriprise Financial Inc increased their holdings by 468,944 shares (+130.3%) in Q1 2025, valued at about $54,566,323.
• Ophir Asset Management Pty Ltd sold 387,986 shares (-100.0%) in Q4 2024, valued at approximately $42,573,703.

Congressional Trading of Ollie’s Bargain Outlet Stock

In the past six months, Congressional members have traded Ollie’s stock twice, with both instances being sales and no purchases.

Analyst Ratings for Ollie’s Bargain Outlet

Recent reports from Wall Street show 2 firms have assigned buy ratings to $OLLI, while no firms issued sell ratings.

• RBC Capital designated an “Outperform” rating on March 7, 2025.
• Citigroup issued a “Buy” rating on December 18, 2024.

Price Targets Set for Ollie’s Bargain Outlet

Three analysts set price targets for Ollie’s in the last six months, with a median target of $130.00.

• A Morgan Stanley analyst set a target price of $118.00 on March 20, 2025.
• An RBC Capital analyst set a target price of $133.00 on March 7, 2025.

This article is not financial advice. For further information, Quiver Quantitative’s disclaimers should be reviewed. Inaccuracies may arise from ticker-mapping mistakes and other anomalies.

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