Geneva Capital Dumps 95,000 OLLI Shares Worth $11.5 Million

Company Overview - Ollie's Bargain Outlet Holdings, Inc. is a leading discount retailer specializing in brand name closeouts and excess inventory, operating over 450 stores across 29 states in the eastern and central United States [6][9] - The company reported a total revenue of $2.54 billion and a net income of $223.60 million for the trailing twelve months (TTM) [4] - As of February 11, 2026, the stock price was $113.75, reflecting a one-year price change of 10.00%, which underperformed the S&P 500 by 4.39 percentage points [8] Recent Transaction - Geneva Capital Management LLC disclosed the sale of 95,151 shares of Ollie's Bargain Outlet Holdings, with an estimated transaction value of $11.47 million based on the quarter's average share price [2] - The quarter-end value of the OLLI stake shifted by $31.64 million, influenced by both the share sale and stock price movement [2] Investment Implications - Following the sale, Geneva Capital Management's stake in Ollie's now represents 2.13% of reportable assets under management (AUM), down from 2.34% prior to the sale [8] - The fund's top five holdings post-filing include NYSE: RBC at $231.31 million (4.3% of AUM), NASDAQ: ROAD at $197.68 million (3.7% of AUM), and others, indicating a diversified investment strategy [8] - The sale occurred amid a downturn for Ollie's stock, which has reversed course since August 2022, likely due to increasing valuation concerns, although the modest trimming of shares suggests continued confidence in the company [10]