Sears Holdings Corp. (NASDAQ:SHLD) Director Fairholme Capital Management L sold 11,700 shares of Sears Holdings Corp. stock in a transaction dated Friday, October 7th. The shares were sold at an average price of $11.68, for a total value of $136,656.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Fairholme Capital Management L also recently made the following trade(s):
- On Thursday, August 11th, Fairholme Capital Management L sold 1,900 shares of Sears Holdings Corp. stock. The shares were sold at an average price of $17.09, for a total value of $32,471.00.
Shares of Sears Holdings Corp. (NASDAQ:SHLD) opened at 10.87 on Thursday. The company has a 50 day moving average price of $12.34 and a 200 day moving average price of $13.99. The company’s market capitalization is $1.16 billion. Sears Holdings Corp. has a 12-month low of $10.52 and a 12-month high of $26.20.
Sears Holdings Corp. (NASDAQ:SHLD) last released its quarterly earnings results on Thursday, August 25th. The company reported ($2.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($3.48) by $1.45. The business had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $5.43 billion. The business’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($2.40) earnings per share. Equities analysts anticipate that Sears Holdings Corp. will post ($9.91) EPS for the current year.
Institutional investors have recently bought and sold shares of the company. BlackRock Inc. raised its position in Sears Holdings Corp. by 17.3% in the second quarter. BlackRock Inc. now owns 7,462 shares of the company’s stock valued at $102,000 after buying an additional 1,100 shares during the last quarter. Arete Wealth Advisors LLC purchased a new position in Sears Holdings Corp. during the first quarter valued at about $153,000. Boothbay Fund Management LLC purchased a new position in Sears Holdings Corp. during the first quarter valued at about $163,000. Paloma Partners Management Co purchased a new position in Sears Holdings Corp. during the second quarter valued at about $145,000. Finally, Societe Generale purchased a new position in Sears Holdings Corp. during the second quarter valued at about $172,000. 69.09% of the stock is currently owned by hedge funds and other institutional investors.
Sears Holdings Corp. Company Profile
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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