Shares of Sears Holdings Corp. (NASDAQ:SHLD) traded down 6.4% on Wednesday . The company traded as low as $16.38 and last traded at $16.66, with a volume of 293,495 shares trading hands. The stock had previously closed at $17.79.

The firm’s 50 day moving average price is $14.95 and its 200 day moving average price is $15.08. The company’s market cap is $1.78 billion.

Sears Holdings Corp. (NASDAQ:SHLD) last announced its quarterly earnings data on Thursday, May 26th. The company reported ($1.86) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($3.20) by $1.34. The business earned $5.40 billion during the quarter, compared to analyst estimates 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 earned ($3.48) earnings per share. On average, equities analysts anticipate that Sears Holdings Corp. will post ($12.45) EPS for the current fiscal year.

In related news, EVP Jeffrey A. Balagna sold 7,643 shares of the company’s stock in a transaction that occurred on Thursday, June 23rd. The stock was sold at an average price of $13.82, for a total transaction of $105,626.26. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Fairholme Capital Management L purchased 270,600 shares of the company’s stock in a transaction that occurred on Friday, May 27th. The shares were purchased at an average cost of $13.30 per share, for a total transaction of $3,598,980.00. 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 boosted its position in Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent 13F filing 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 approximately 0.15% of Sears Holdings Corp. worth $3,295,000 as of its most recent filing with the SEC.

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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