Investors who take an interest in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) should definitely note that the Director, Stanley Fleishman, recently paid US$64.66 per share to buy US$129k worth of the stock. While that’s a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 4.8%.
The Last 12 Months Of Insider Transactions At Ollie’s Bargain Outlet Holdings
Over the last year, we can see that the biggest insider sale was by the Director, Thomas Hendrickson, for US$390k worth of shares, at about US$85.50 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$63.73). So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Thomas Hendrickson.
You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Ollie’s Bargain Outlet Holdings insiders own 14% of the company, currently worth about US$551m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Do The Ollie’s Bargain Outlet Holdings Insider Transactions Indicate?
It’s certainly positive to see the recent insider purchase. On the other hand the transaction history, over the last year, isn’t so positive. Overall, we’d prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Ollie’s Bargain Outlet Holdings insiders are reasonably well aligned, and optimistic for the future. Of course, the future is what matters most. So if you are interested in Ollie’s Bargain Outlet Holdings, you should check out this free report on analyst forecasts for the company.
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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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