Sears Holdings Corp. (NASDAQ:SHLD) dropped 2.2% during mid-day trading on Wednesday . The company traded as low as $14.37 and last traded at $14.54, with a volume of 167,146 shares changing hands. The stock had previously closed at $14.87.

The stock’s 50 day moving average price is $14.19 and its 200 day moving average price is $15.11. The company’s market cap is $1.69 billion.

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 consensus estimate of ($3.20) by $1.34. During the same period in the prior year, the business earned ($3.48) earnings per share. The firm had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $5.26 billion. The company’s revenue for the quarter was down 8.3% on a year-over-year basis. Equities research analysts forecast that Sears Holdings Corp. will post ($12.45) earnings per share for the current year.

In related news, Director Fairholme Capital Management L bought 270,600 shares of the company’s stock in a transaction on Friday, May 27th. The stock was bought at an average cost of $13.30 per share, with a total value of $3,598,980.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jeffrey A. Balagna sold 7,643 shares of the business’s stock in a transaction dated Thursday, June 23rd. The stock was sold at an average price of $13.82, for a total transaction 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 position in 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 fund 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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