Sears Holdings Corporation (NASDAQ:SHLD) released its earnings results on Thursday, May 25th. The company reported ($2.15) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.72) by $1.43, RTT News reports. The company had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.05 billion. Sears Holdings Corporation’s revenue was down 20.3% compared to the same quarter last year. During the same period last year, the firm earned ($1.86) EPS.

Sears Holdings Corporation (SHLD) traded down 2.77% during mid-day trading on Friday, reaching $6.67. The company had a trading volume of 1,975,099 shares. The firm has a 50-day moving average of $8.36 and a 200 day moving average of $9.29. The company’s market capitalization is $715.46 million. Sears Holdings Corporation has a 1-year low of $5.50 and a 1-year high of $18.18.

Earnings History for Sears Holdings Corporation (NASDAQ:SHLD)

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SHLD has been the subject of a number of recent research reports. Vetr upgraded Sears Holdings Corporation from a “strong sell” rating to a “sell” rating and set a $7.05 target price for the company in a research report on Thursday, May 18th. Susquehanna Bancshares Inc restated a “sell” rating on shares of Sears Holdings Corporation in a research report on Saturday, March 11th.

In other Sears Holdings Corporation news, CEO Edward S. Lampert purchased 525,936 shares of the firm’s stock in a transaction that occurred on Friday, March 24th. The stock was purchased at an average cost of $7.93 per share, with a total value of $4,170,672.48. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Fairholme Capital Management L purchased 6,700 shares of the firm’s stock in a transaction that occurred on Monday, March 20th. The shares were acquired at an average cost of $8.99 per share, with a total value of $60,233.00. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 1,583,136 shares of company stock valued at $12,926,526. 89.00% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of SHLD. KCG Holdings Inc. acquired a new stake in shares of Sears Holdings Corporation during the first quarter worth about $129,000. Capstone Investment Advisors LLC acquired a new stake in shares of Sears Holdings Corporation during the fourth quarter worth about $117,000. Boothbay Fund Management LLC acquired a new stake in shares of Sears Holdings Corporation during the fourth quarter worth about $123,000. PEAK6 Investments L.P. raised its stake in shares of Sears Holdings Corporation by 192.7% in the first quarter. PEAK6 Investments L.P. now owns 15,894 shares of the company’s stock worth $183,000 after buying an additional 10,464 shares in the last quarter. Finally, Boyle Capital Management L.L.C. raised its stake in shares of Sears Holdings Corporation by 14.8% in the third quarter. Boyle Capital Management L.L.C. now owns 18,446 shares of the company’s stock worth $211,000 after buying an additional 2,379 shares in the last quarter. 66.11% of the stock is owned by hedge funds and other institutional investors.

About Sears Holdings Corporation

Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). The Company’s segments are Kmart and Sears Domestic. It also offers Shop Your Way, a member-based social shopping platform that offers rewards and personalized services.

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