Insider Selling: Sears Holdings Corp. (SHLD) Director Sells 11,700 Shares of Stock
Sears Holdings Corp. (NASDAQ:SHLD) Director Fairholme Capital Management L sold 11,700 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The shares were sold at an average price of $11.68, for a total value of $136,656.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Fairholme Capital Management L also recently made the following trade(s):
- On Thursday, August 11th, Fairholme Capital Management L sold 1,900 shares of Sears Holdings Corp. stock. The shares were sold at an average price of $17.09, for a total value of $32,471.00.
Shares of Sears Holdings Corp. (NASDAQ:SHLD) opened at 11.04 on Wednesday. The firm’s market cap is $1.18 billion. The firm has a 50-day moving average price of $12.44 and a 200-day moving average price of $14.01. Sears Holdings Corp. has a 52 week low of $10.52 and a 52 week high of $25.88.
Sears Holdings Corp. (NASDAQ:SHLD) last issued its quarterly earnings results on Thursday, August 25th. The company reported ($2.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.48) by $1.45. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $5.43 billion. During the same period last year, the firm earned ($2.40) EPS. The company’s revenue for the quarter was down 8.8% on a year-over-year basis. On average, equities research analysts predict that Sears Holdings Corp. will post ($9.91) earnings per share for the current year.
A number of large investors have recently modified their holdings of the company. Legal & General Group Plc raised its stake in shares of Sears Holdings Corp. by 25.2% in the second quarter. Legal & General Group Plc now owns 112,859 shares of the company’s stock valued at $1,533,000 after buying an additional 22,688 shares during the period. Paloma Partners Management Co bought a new stake in Sears Holdings Corp. during the second quarter worth $145,000. Parametric Portfolio Associates LLC raised its stake in Sears Holdings Corp. by 37.1% in the second quarter. Parametric Portfolio Associates LLC now owns 161,348 shares of the company’s stock worth $2,196,000 after buying an additional 43,682 shares during the period. Jefferies Group LLC bought a new stake in Sears Holdings Corp. during the second quarter worth $682,000. Finally, State Street Corp raised its stake in Sears Holdings Corp. by 0.7% in the second quarter. State Street Corp now owns 2,282,702 shares of the company’s stock worth $31,065,000 after buying an additional 14,769 shares during the period. 69.09% of the stock is owned by hedge funds and other institutional investors.
About Sears Holdings Corp.
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.
Receive News & Ratings for Sears Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sears Holdings Corp. and related companies with MarketBeat.com's FREE daily email newsletter.