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

The firm’s 50-day moving average price is $14.47 and its 200-day moving average price is $15.08. The firm’s market capitalization is $1.80 billion.

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

In related news, Director Fairholme Capital Management L purchased 778,000 shares of the firm’s stock in a transaction on Wednesday, June 1st. The stock was bought at an average cost of $13.02 per share, with a total value of $10,129,560.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jeffrey A. Balagna sold 7,643 shares of the business’s stock in a transaction that occurred on Thursday, June 23rd. The shares were 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 shares of Sears Holdings Corp. (NASDAQ:SHLD) by 37.9% during the fourth quarter, according to its most recent Form 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 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. 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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