Sears Holdings Corp. (NASDAQ:SHLD) shares shot up 6% during trading on Tuesday . The stock traded as high as $16.99 and last traded at $16.67, with a volume of 247,559 shares traded. The stock had previously closed at $15.73.

The firm’s market cap is $1.79 billion. The company has a 50-day moving average of $14.31 and a 200 day moving average of $15.08.

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, topping the 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. During the same quarter last year, the company earned ($3.48) earnings per share. The firm’s revenue was down 8.3% compared to the same quarter last year. On average, analysts anticipate that Sears Holdings Corp. will post ($12.45) earnings per share for the current year.

In other news, Director Fairholme Capital Management L acquired 270,600 shares of the firm’s stock in a transaction that occurred 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jeffrey A. Balagna sold 7,643 shares of the stock in a transaction dated 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.

An institutional investor recently raised its position in Sears Holdings Corp. stock. California Public Employees Retirement System increased its stake in shares of Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent disclosure with the SEC. 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 approximately 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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