Sears Holdings Corp. (NASDAQ:SHLD) shares shot up 3% on Friday . The stock traded as high as $14.34 and last traded at $14.12, with a volume of 157,827 shares. The stock had previously closed at $13.71.

The company’s market capitalization is $1.51 billion. The firm has a 50-day moving average of $13.40 and a 200 day moving average of $15.54.

Sears Holdings Corp. (NASDAQ:SHLD) last announced its quarterly earnings results on Thursday, May 26th. The company reported ($1.86) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($3.20) by $1.34. The business earned $5.40 billion during the quarter, compared to the consensus estimate of $5.26 billion. The company’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same period last year, the firm earned ($3.48) EPS. On average, equities research analysts predict that Sears Holdings Corp. will post ($12.45) earnings per share for the current year.

In other Sears Holdings Corp. news, EVP Jeffrey A. Balagna sold 7,643 shares of the business’s stock in a transaction on Thursday, June 23rd. The shares were sold at an average price of $13.82, for a total value of $105,626.26. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Fairholme Capital Management L purchased 270,600 shares of the stock in a transaction on Friday, May 27th. The stock was acquired 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 stake 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 (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 at the end of the most recent quarter.

Sears Holdings Corporation is an integrated retailer and a holding company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). The Company operates through two business segments: Kmart and Sears Domestic. The Company operates a network of stores with approximately 1,725 full-line and specialty retail stores in the United States, operating through Kmart and Sears.

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