Friday, November 24, 2017 10:15 PM ET
Insider at Ollie’s Bargain Outlet Holdings (OLLI) Makes Significant Sale of Stock
One Ollie’s Bargain Outlet Holdings insider — Mark L Butler, Officer — today, disposed of 227,843 shares having a market value of approximately $10,713,700, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 22,048 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 249,891 shares and have averaged 124,946 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Ollie’s Bargain Outlet Holdings is above the 19-company peer group average. Other Specialty Retailers peer group saw 16 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Ollie’s Bargain Outlet Holdings insiders was also higher. Within the peer group there were 61,100 shares purchased and 128,755 shares sold with company insiders disposing of 4,228 shares on average.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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