Kirkland’s Inc. (NASDAQ:KIRK) Director Carl Kirkland sold 4,800 shares of the firm’s stock in a transaction dated Monday, September 26th. The shares were sold at an average price of $12.51, for a total value of $60,048.00. Following the completion of the sale, the director now directly owns 816,773 shares in the company, valued at $10,217,830.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Carl Kirkland also recently made the following trade(s):
- On Friday, September 23rd, Carl Kirkland sold 17,992 shares of Kirkland’s stock. The shares were sold at an average price of $12.63, for a total value of $227,238.96.
- On Thursday, September 22nd, Carl Kirkland sold 19,718 shares of Kirkland’s stock. The shares were sold at an average price of $12.59, for a total value of $248,249.62.
- On Friday, September 16th, Carl Kirkland sold 1,300 shares of Kirkland’s stock. The shares were sold at an average price of $12.50, for a total value of $16,250.00.
- On Thursday, September 15th, Carl Kirkland sold 5,551 shares of Kirkland’s stock. The shares were sold at an average price of $12.69, for a total value of $70,442.19.
Kirkland’s Inc. (NASDAQ:KIRK) opened at 12.38 on Wednesday. Kirkland’s Inc. has a 12 month low of $11.18 and a 12 month high of $24.36. The stock’s 50 day moving average price is $13.20 and its 200-day moving average price is $14.78. The company has a market capitalization of $196.72 million, a P/E ratio of 15.06 and a beta of 1.61.
Kirkland’s (NASDAQ:KIRK) last released its quarterly earnings data on Tuesday, August 23rd. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by $0.01. Kirkland’s had a net margin of 2.35% and a return on equity of 11.08%. The company had revenue of $123 million for the quarter, compared to the consensus estimate of $125.54 million. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. On average, equities research analysts predict that Kirkland’s Inc. will post $0.73 EPS for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in Kirkland’s by 277.2% in the second quarter. BlackRock Inc. now owns 7,023 shares of the company’s stock worth $103,000 after buying an additional 5,161 shares during the last quarter. First Quadrant L P CA bought a new stake in Kirkland’s during the second quarter worth about $107,000. Acrospire Investment Management LLC bought a new stake in Kirkland’s during the first quarter worth about $131,000. BlackRock Group LTD raised its stake in Kirkland’s by 8.6% in the second quarter. BlackRock Group LTD now owns 14,204 shares of the company’s stock worth $208,000 after buying an additional 1,120 shares during the last quarter. Finally, Mesirow Financial Investment Management US Value Equity bought a new stake in Kirkland’s during the first quarter worth about $238,000. Institutional investors own 84.20% of the company’s stock.
Several analysts recently weighed in on the company. Zacks Investment Research raised Kirkland’s from a “sell” rating to a “hold” rating in a research note on Tuesday, July 26th. Sidoti downgraded Kirkland’s from a “buy” rating to a “neutral” rating and dropped their target price for the company from $21.00 to $13.00 in a research report on Tuesday, August 23rd. B. Riley reiterated a “buy” rating and issued a $15.00 target price on shares of Kirkland’s in a research report on Monday, August 29th. Finally, SunTrust Banks Inc. dropped their target price on Kirkland’s from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, August 24th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. Kirkland’s currently has a consensus rating of “Buy” and an average target price of $20.14.
Kirkland’s, Inc is a specialty retailer of home decor and gifts in the United States. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products.
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