Sears Holdings Corp. (NASDAQ:SHLD) shot up 5.7% during mid-day trading on Monday . The company traded as high as $16.09 and last traded at $15.83, with a volume of 270,782 shares changing hands. The stock had previously closed at $14.98.

The stock’s market cap is $1.67 billion. The stock’s 50 day moving average price is $13.64 and its 200 day moving average price is $15.33.

Sears Holdings Corp. (NASDAQ:SHLD) last released its quarterly earnings results on Thursday, May 26th. The company reported ($1.86) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.20) by $1.34. The company earned $5.40 billion during the quarter, compared to the consensus estimate of $5.26 billion. The company’s revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($3.48) earnings per share. On average, equities analysts anticipate that Sears Holdings Corp. will post ($12.45) earnings per share for the current fiscal year.

In related news, Director Fairholme Capital Management L purchased 778,000 shares of Sears Holdings Corp. stock in a transaction dated Wednesday, June 1st. The stock was purchased at an average cost of $13.02 per share, with a total value of $10,129,560.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Jeffrey A. Balagna sold 7,643 shares of the business’s stock in a transaction on Thursday, June 23rd. The stock was sold at an average price of $13.82, for a total value of $105,626.26. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Sears Holdings Corp. stock. California Public Employees Retirement System increased its stake in Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,248 shares of the company’s stock after buying an additional 44,000 shares during the period. California Public Employees Retirement System owned about 0.15% of Sears Holdings Corp. worth $3,295,000 at the end of the most recent quarter.

Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). It operates through two segments: Kmart and Sears Domestic. It operates approximately 940 Kmart stores across over 50 states, Guam, Puerto Rico and the United States Virgin Islands.

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