Shares of Sears Holdings Corp. (NASDAQ:SHLD) shot up 2.4% during mid-day trading on Tuesday . The company 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 price is $14.15 and its 200 day moving average price is $15.11. The company’s market cap is $1.59 billion.

Sears Holdings Corp. (NASDAQ:SHLD) last issued its earnings results on Thursday, May 26th. The company reported ($1.86) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($3.20) by $1.34. The company had revenue of $5.40 billion for the quarter, compared to analysts’ expectations of $5.26 billion. The firm’s revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($3.48) earnings per share. On average, analysts forecast that Sears Holdings Corp. will post ($12.45) earnings per share for the current year.

In other news, Director Fairholme Capital Management L acquired 778,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 1st. The stock was purchased at an average cost of $13.02 per share, for a total transaction of $10,129,560.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Jeffrey A. Balagna sold 7,643 shares of Sears Holdings Corp. stock in a transaction dated Thursday, June 23rd. The shares were 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.

A hedge fund recently raised its stake in Sears Holdings Corp. stock. California Public Employees Retirement System boosted its stake in shares of Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 reporting period.

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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