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

The firm’s market cap is $1.81 billion. The firm has a 50 day moving average of $15.15 and a 200 day moving average of $15.11.

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

In other news, Director Fairholme Capital Management L acquired 778,000 shares of the stock in a transaction that occurred on Wednesday, June 1st. The shares were bought at an average cost of $13.02 per share, for a total transaction of $10,129,560.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jeffrey A. Balagna sold 7,643 shares of the business’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 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 increased its stake in Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent 13F filing with the SEC. 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 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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