Yahoo Finance Insider Sell: President and CEO John Swygert Sells 11,756 Shares of Ollie's Bargain Outlet ...
Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI), a highly regarded discount retail chain offering brand name merchandise at significantly reduced prices, has reported an insider sell according to a recent SEC filing. The company's President and CEO, John Swygert, sold 11,756 shares of the company on April 1, 2024. The transaction was disclosed in an SEC Filing.
Over the past year, the insider has sold a total of 54,198 shares and has not made any purchases of the company's stock. This latest transaction continues a trend of insider sells at Ollie's Bargain Outlet Holdings Inc, with a total of 16 insider sells and no insider buys reported over the same period.
On the date of the insider's recent sell, shares of Ollie's Bargain Outlet Holdings Inc were trading at $75.22, resulting in a market cap of approximately $4.20 billion. The company's price-earnings ratio stands at 23.44, which is above the industry median of 16.44 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value assessment, with a share price of $75.22 and a GF Value of $76.90, Ollie's Bargain Outlet Holdings Inc is considered Modestly Undervalued, with a price-to-GF-Value ratio of 0.98. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at Ollie's Bargain Outlet Holdings Inc.
The GF Value image provides a visual representation of the stock's valuation relative to its intrinsic value, suggesting that the stock is currently trading at a modest discount.
Investors and analysts often monitor insider sell transactions to gain insights into a company's internal perspective. While insider selling does not always indicate a lack of confidence in the company, it provides data for stakeholders to consider alongside other financial and market information.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
