Kirkland’s Inc. (NASDAQ:KIRK) Director Carl Kirkland sold 40,736 shares of Kirkland’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $15.06, for a total value of $613,484.16. Following the completion of the transaction, the director now directly owns 467,011 shares in the company, valued at $7,033,185.66. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Carl Kirkland also recently made the following trade(s):

  • On Friday, November 18th, Carl Kirkland sold 30,182 shares of Kirkland’s stock. The stock was sold at an average price of $14.06, for a total value of $424,358.92.
  • On Wednesday, November 16th, Carl Kirkland sold 9,721 shares of Kirkland’s stock. The stock was sold at an average price of $13.66, for a total value of $132,788.86.
  • On Tuesday, November 15th, Carl Kirkland sold 90,279 shares of Kirkland’s stock. The stock was sold at an average price of $13.54, for a total value of $1,222,377.66.
  • On Thursday, October 20th, Carl Kirkland sold 37,643 shares of Kirkland’s stock. The stock was sold at an average price of $12.67, for a total value of $476,936.81.
  • On Thursday, October 6th, Carl Kirkland sold 12,494 shares of Kirkland’s stock. The stock was sold at an average price of $12.53, for a total value of $156,549.82.
  • On Wednesday, September 28th, Carl Kirkland sold 502 shares of Kirkland’s stock. The stock was sold at an average price of $12.50, for a total value of $6,275.00.
  • On Monday, September 26th, Carl Kirkland sold 4,800 shares of Kirkland’s stock. The stock was sold at an average price of $12.51, for a total value of $60,048.00.
  • On Friday, September 23rd, Carl Kirkland sold 17,992 shares of Kirkland’s stock. The stock was 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 stock was 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 stock was sold at an average price of $12.50, for a total value of $16,250.00.

Shares of Kirkland’s Inc. (NASDAQ:KIRK) opened at 15.34 on Monday. Kirkland’s Inc. has a 52-week low of $11.18 and a 52-week high of $18.19. The company’s 50 day moving average price is $12.84 and its 200 day moving average price is $13.67. The company has a market capitalization of $243.75 million, a price-to-earnings ratio of 18.66 and a beta of 1.66.

Kirkland’s (NASDAQ:KIRK) last issued its quarterly earnings data on Tuesday, November 22nd. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.05. Kirkland’s had a return on equity of 10.96% and a net margin of 2.22%. The business had revenue of $138.20 million for the quarter, compared to the consensus estimate of $137.50 million. During the same period in the prior year, the business posted ($0.02) earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, analysts predict that Kirkland’s Inc. will post $0.73 EPS for the current year.

Insider Buying and Selling by Quarter for Kirkland`s (NASDAQ:KIRK)

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A number of large investors have recently modified their holdings of the stock. Cornerstone Capital Management Holdings LLC. increased its stake in shares of Kirkland’s by 35.0% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 19,850 shares of the company’s stock worth $240,000 after buying an additional 5,150 shares during the period. Penn Capital Management Co. Inc. increased its stake in shares of Kirkland’s by 65.2% in the third quarter. Penn Capital Management Co. Inc. now owns 685,350 shares of the company’s stock worth $8,348,000 after buying an additional 270,411 shares during the period. Panagora Asset Management Inc. bought a new stake in shares of Kirkland’s during the third quarter worth about $484,000. The Manufacturers Life Insurance Company bought a new stake in shares of Kirkland’s during the third quarter worth about $131,000. Finally, Two Sigma Advisers LP increased its stake in shares of Kirkland’s by 36.3% in the third quarter. Two Sigma Advisers LP now owns 144,131 shares of the company’s stock worth $1,756,000 after buying an additional 38,400 shares during the period. Institutional investors and hedge funds own 88.08% of the company’s stock.

A number of brokerages have recently weighed in on KIRK. B. Riley reiterated a “buy” rating and issued a $15.00 price objective on shares of Kirkland’s in a research report on Monday, August 29th. Zacks Investment Research lowered Kirkland’s from a “hold” rating to a “sell” rating in a research report on Friday, August 12th. Sidoti lowered Kirkland’s from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $21.00 to $13.00 in a research report on Tuesday, August 23rd. Finally, SunTrust Banks Inc. cut their price objective on Kirkland’s from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, August 24th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $18.20.

Kirkland’s Company Profile

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.

5 Day Chart for NASDAQ:KIRK

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