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Ollies Bargain Outlet Holdings Inc [OLLI] Investment Appeal on the Rise

In a filing, Ollies Bargain Outlet Holdings Inc revealed its Director HENDRICKSON THOMAS unloaded Company’s shares for reported $0.72 million on Dec 16 ’24. In the deal valued at $114.74 per share,6,250 shares were sold. As a result of this transaction, HENDRICKSON THOMAS now holds 0 shares worth roughly $0.0.

Then, Kraus Larry sold 10,646 shares, generating $1,230,465 in total proceeds. Upon selling the shares at $115.58, the SVP, CIO now owns 1,905 shares.

Before that, THOMAS T HENDRICKS bought 6,250 shares. Ollies Bargain Outlet Holdings Inc shares valued at $717,139 were divested by the Director at a price of $114.74 per share.

Jefferies downgraded its Ollies Bargain Outlet Holdings Inc [OLLI] rating to a Hold from a a Buy in a research note published on February 04, 2025; the price target was decreased to $111 from $125. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid December from “a Sell” to “a Buy”. Wells Fargo also remained covering OLLI and has decreased its forecast on December 03, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Gordon Haskett revised its rating on August 26, 2024. It rated OLLI as “a Buy” which previously was an “a Accumulate”.

Price Performance Review of OLLI

On Friday, Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] saw its stock fall -0.53% to $96.27. Over the last five days, the stock has lost -11.15%. Ollies Bargain Outlet Holdings Inc shares have fallen nearly -12.27% since the year began. Nevertheless, the stocks have risen 20.82% over the past one year. While a 52-week high of $120.03 was reached on 01/28/25, a 52-week low of $68.05 was recorded on 02/24/25. SMA at 50 days reached $108.97, while 200 days put it at $96.88.

Levels Of Support And Resistance For OLLI Stock

The 24-hour chart illustrates a support level at 94.98, which if violated will result in even more drops to 93.70. On the upside, there is a resistance level at 97.45. A further resistance level may holdings at 98.63. The Relative Strength Index (RSI) on the 14-day chart is 33.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.54%. Stochastics %K at 9.33% indicates the stock is a buying.

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