Investors Buy Large Volume of Ollie’s Bargain Outlet Call Options (NASDAQ:OLLI)

Posted by Brenda Bartman on Oct 13th, 2026

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Free Report) was the recipient of unusually large options trading activity on Monday. Traders acquired 7,187 call options on the stock. This is an increase of 457% compared to the average volume of 1,291 call options.

Ollie’s Bargain Outlet News Summary

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

Positive Sentiment: The board authorized an additional $500 million share-repurchase program, increasing Ollie’s ability to return capital to shareholders. Buybacks can support earnings per share by reducing the number of shares outstanding and may signal that management considers the stock attractively valued. Ollie’s Bargain Outlet Authorizes Additional $500 Million Share Repurchases
Positive Sentiment: Gordon Haskett upgraded OLLI from “accumulate” to “buy” and established a $105 price target, implying approximately 18% upside from the reported share price. The upgrade adds to bullish sentiment around the company’s valuation and outlook.
Positive Sentiment: RBC said Ollie’s comparable-sales trends are stabilizing and that the retailer’s long-term outlook is improving. This suggests recent operating pressure may be easing and supports expectations for more consistent future growth. Ollie’s Bargain Outlet Comparable-Sales Trends Stabilize, Long-Term Outlook Improves
Neutral Sentiment: Unusually heavy call-option activity was reported, with call purchases well above typical volume. This may reflect increased bullish speculation, but options activity alone does not establish a change in the company’s fundamentals.
Neutral Sentiment: Ollie’s plans to open a new store in Mattoon, Illinois, on October 21. The opening supports the company’s store-expansion strategy, although the immediate financial impact is likely limited. Ollie’s Bargain Outlet to Open in Mattoon

Ollie’s Bargain Outlet Stock Up 1.9%

NASDAQ:OLLI traded up $1.62 on Tuesday, reaching $88.06. The company’s stock had a trading volume of 1,338,176 shares, compared to its average volume of 1,647,102. Ollie’s Bargain Outlet has a 12-month low of $60.29 and a 12-month high of $133.28. The stock has a 50 day moving average price of $78.83 and a 200 day moving average price of $79.52. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 19.67, a price-to-earnings-growth ratio of 1.41 and a beta of 0.41.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.30. The firm had revenue of $741.31 million during the quarter, compared to the consensus estimate of $747.71 million. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company earned $0.99 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. Equities research analysts expect that Ollie’s Bargain Outlet will post 4.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on OLLI shares. The Goldman Sachs Group dropped their price objective on shares of Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Piper Sandler reiterated an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Monday. Truist Financial lifted their price target on Ollie’s Bargain Outlet from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. UBS Group lowered their price target on shares of Ollie’s Bargain Outlet from $87.00 to $85.00 and set a “neutral” rating on the stock in a research report on Thursday, August 27th. Finally, Citigroup dropped their price objective on shares of Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating for the company in a report on Friday, September 4th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $103.50.

View Our Latest Report on Ollie’s Bargain Outlet

Institutional Investors Weigh In On Ollie’s Bargain Outlet

A number of institutional investors have recently made changes to their positions in the stock. Jupiter Topco LLC acquired a new position in Ollie’s Bargain Outlet in the 2nd quarter valued at about $2,066,000. VELA Investment Management LLC purchased a new stake in Ollie’s Bargain Outlet during the second quarter worth about $1,856,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Ollie’s Bargain Outlet during the second quarter worth about $1,381,000. Baird Financial Group Inc. acquired a new stake in shares of Ollie’s Bargain Outlet during the second quarter worth about $13,344,000. Finally, WINTON GROUP Ltd lifted its position in shares of Ollie’s Bargain Outlet by 46.5% during the second quarter. WINTON GROUP Ltd now owns 67,584 shares of the company’s stock worth $5,196,000 after purchasing an additional 21,437 shares in the last quarter.

Ollie’s Bargain Outlet Company Profile

(Get Free Report)

Ollie’s Bargain Outlet Holdings, Inc operates Ollie’s Bargain Outlet, a U.S. retailer specializing in closeout, excess, and salvage merchandise. Its stores offer a constantly changing selection of brand-name products at discounted prices, with inventory varying based on availability and opportunistic purchasing.

The company’s merchandise generally includes housewares, food, hardware, toys, seasonal goods, books, flooring, apparel, and other consumer products. Ollie’s uses a treasure-hunt-style shopping experience, with stores organized to emphasize value and frequently changing assortments.

Founded in 1982 in Mechanicsburg, Pennsylvania, Ollie’s has expanded into a national retail chain serving customers across numerous U.S.