Ollies Bargain Outlet Holdings Inc’s recent filing unveils that its CEO SWYGERT JOHN W unloaded Company’s shares for reported $1.28 million on Jun 05 ’24. In the deal valued at $86.81 per share,14,736 shares were sold. As a result of this transaction, SWYGERT JOHN W now holds 48,200 shares worth roughly $4.23 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Kraus Larry sold 13,829 shares, generating $1,229,453 in total proceeds. Upon selling the shares at $88.90, the SVP, CIO now owns 1,905 shares.
Before that, McLain Kevin sold 11,340 shares. Ollies Bargain Outlet Holdings Inc shares valued at $972,405 were divested by the SVP, Merchandising at a price of $85.75 per share. As a result of the transaction, McLain Kevin now holds 10,610 shares, worth roughly $0.93 million.
A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in early May from “a Hold” to “a Buy”. Loop Capital also remained covering OLLI and has increased its forecast on April 05, 2024 with a “Buy” recommendation from previously “Hold” rating. Goldman revised its rating on October 17, 2023. It rated OLLI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OLLI
On Friday, Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] saw its stock jump 2.70% to $87.71. Over the last five days, the stock has gained 5.03%. Ollies Bargain Outlet Holdings Inc shares have risen nearly 15.58% since the year began. Nevertheless, the stocks have risen 43.01% over the past one year. While a 52-week high of $91.08 was reached on 06/05/24, a 52-week low of $57.31 was recorded on 04/03/24. SMA at 50 days reached $76.92, while 200 days put it at $75.81. A total of 3.77 million shares were traded, compared to the trading of 0.61 million shares in the previous session.
Levels Of Support And Resistance For OLLI Stock
The 24-hour chart illustrates a support level at 85.59, which if violated will result in even more drops to 83.47. On the upside, there is a resistance level at 89.17. A further resistance level may holdings at 90.63. The Relative Strength Index (RSI) on the 14-day chart is 66.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.28%. Stochastics %K at 67.57% indicates the stock is a holding.
