Ollies Bargain Outlet Holdings Inc’s recent filing unveils that its CEO SWYGERT JOHN W unloaded Company’s shares for reported $0.49 million on Nov 27 ’24. In the deal valued at $102.60 per share,4,800 shares were sold. As a result of this transaction, SWYGERT JOHN W now holds 48,200 shares worth roughly $4.73 million.
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Then, SWYGERT JOHN W sold 4,032 shares, generating $413,324 in total proceeds. Upon selling the shares at $102.51, the CEO now owns 48,200 shares.
Before that, JOHN SWYGERT bought 65,550 shares. Ollies Bargain Outlet Holdings Inc shares valued at $6,201,686 were divested by the Director at a price of $94.61 per share.
Wells Fargo downgraded its Ollies Bargain Outlet Holdings Inc [OLLI] rating to an Equal weight from a an Overweight in a research note published on December 03, 2024; the price target was decreased to $95 from $100. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who increased its forecast for the stock in late August from “a Accumulate” to “a Buy”. JP Morgan also remained covering OLLI and has increased its forecast on June 17, 2024 with a “an Overweight” recommendation from previously “Neutral” rating.
Price Performance Review of OLLI
On Monday, Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] saw its stock fall -3.44% to $98.05. Over the last five days, the stock has lost -1.82%. Ollies Bargain Outlet Holdings Inc shares have risen nearly 29.20% since the year began. Nevertheless, the stocks have risen 34.17% over the past one year. While a 52-week high of $104.98 was reached on 07/15/24, a 52-week low of $68.05 was recorded on 04/03/24. SMA at 50 days reached $94.90, while 200 days put it at $88.40.
Levels Of Support And Resistance For OLLI Stock
The 24-hour chart illustrates a support level at 96.19, which if violated will result in even more drops to 94.34. On the upside, there is a resistance level at 101.21. A further resistance level may holdings at 104.38. The Relative Strength Index (RSI) on the 14-day chart is 53.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.97%. Stochastics %K at 82.01% indicates the stock is a selling.
How much short interest is there in Ollies Bargain Outlet Holdings Inc?
A steep rise in short interest was recorded in Ollies Bargain Outlet Holdings Inc stocks on 2024-11-15, growing by 0.47 million shares to a total of 4.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.57 million shares. There was a rise of 11.67%, which implies that there is a positive sentiment for the stock.
