Sears Holdings Corp. (SHLD) Trading Up 2.4%
Sears Holdings Corp. (NASDAQ:SHLD)’s share price shot up 2.4% during mid-day trading on Tuesday . The stock traded as high as $15.18 and last traded at $15.16, with a volume of 209,012 shares trading hands. The stock had previously closed at $14.80.
The stock’s 50-day moving average is $13.99 and its 200 day moving average is $15.13. The stock’s market capitalization is $1.59 billion.
Sears Holdings Corp. (NASDAQ:SHLD) last announced its earnings results on Thursday, May 26th. The company reported ($1.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($3.20) by $1.34. The company had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the previous year, the company earned ($3.48) EPS. The firm’s revenue for the quarter was down 8.3% compared to the same quarter last year. On average, analysts expect that Sears Holdings Corp. will post ($12.45) EPS for the current year.
In other news, EVP Jeffrey A. Balagna sold 7,643 shares of the stock in a transaction that occurred on Thursday, June 23rd. The stock was sold at an average price of $13.82, for a total value of $105,626.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Fairholme Capital Management L acquired 778,000 shares of Sears Holdings Corp. stock in a transaction dated Wednesday, June 1st. The stock was acquired at an average cost of $13.02 per share, with a total value of $10,129,560.00. The disclosure for this purchase can be found here.
An institutional investor recently raised its position in Sears Holdings Corp. stock. California Public Employees Retirement System raised its stake in shares of Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent Form 13F filing with the 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 approximately 0.15% of Sears Holdings Corp. worth $3,295,000 as of its most recent SEC filing.
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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