Kura Sushi USA, Inc. (NASDAQ:KRUS) Director Sells $549,850.00 in Stock

Kura Sushi USA, Inc. (NASDAQ:KRUS) Director Seitaro Ishii sold 5,000 shares of the stock in a transaction on Friday, April 12th. The shares were sold at an average price of $109.97, for a total value of $549,850.00. Following the completion of the transaction, the director now directly owns 1,313 shares in the company, valued at approximately $144,390.61. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Kura Sushi USA Trading Down 1.0 %

Shares of Kura Sushi USA stock opened at $107.98 on Friday. The company has a market capitalization of $1.21 billion, a PE ratio of 771.34 and a beta of 1.98. Kura Sushi USA, Inc. has a 12 month low of $51.02 and a 12 month high of $122.81. The stock’s fifty day simple moving average is $104.39 and its 200 day simple moving average is $84.04.

Analyst Ratings Changes

A number of research firms have recently weighed in on KRUS. Citigroup increased their price target on Kura Sushi USA from $122.00 to $124.00 and gave the company a “neutral” rating in a research note on Friday, April 5th. Lake Street Capital increased their price target on Kura Sushi USA from $70.00 to $93.00 and gave the company a “hold” rating in a research note on Friday, April 5th. Benchmark increased their price target on Kura Sushi USA from $90.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, January 12th. Craig Hallum raised their price objective on Kura Sushi USA from $90.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. Finally, Roth Mkm raised their price objective on Kura Sushi USA from $87.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Kura Sushi USA has a consensus rating of “Moderate Buy” and an average target price of $108.86.

Hedge Funds Weigh In On Kura Sushi USA

A number of large investors have recently added to or reduced their stakes in KRUS. Bank of New York Mellon Corp increased its holdings in Kura Sushi USA by 53.9% during the 1st quarter. Bank of New York Mellon Corp now owns 18,041 shares of the company’s stock worth $995,000 after purchasing an additional 6,321 shares in the last quarter. MetLife Investment Management LLC increased its holdings in Kura Sushi USA by 55.7% during the 1st quarter. MetLife Investment Management LLC now owns 2,310 shares of the company’s stock worth $127,000 after purchasing an additional 826 shares in the last quarter. Rhumbline Advisers bought a new position in Kura Sushi USA during the 1st quarter worth about $221,000. BlackRock Inc. increased its holdings in Kura Sushi USA by 6.7% during the 1st quarter. BlackRock Inc. now owns 247,111 shares of the company’s stock worth $13,629,000 after purchasing an additional 15,517 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Kura Sushi USA by 292.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 20,992 shares of the company’s stock worth $1,158,000 after purchasing an additional 15,649 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Company Profile