Sears Holdings Corp. Director Buys $33,300 in Stock (SHLD)
Sears Holdings Corp. (NASDAQ:SHLD) Director Paul G. Depodesta purchased 1,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average cost of $33.30 per share, for a total transaction of $33,300.00. Following the completion of the acquisition, the director now directly owns 1,500 shares in the company, valued at approximately $49,950. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Sears Holdings Corp. (NASDAQ:SHLD) traded up 3.71% during mid-day trading on Tuesday, hitting $34.67. The stock had a trading volume of 1,122,106 shares. Sears Holdings Corp. has a 52 week low of $31.26 and a 52 week high of $67.50. The stock has a 50-day moving average of $37.42 and a 200-day moving average of $40.44. The company’s market cap is $3.691 billion.
Sears Holdings Corp. (NASDAQ:SHLD) last released its earnings data on Thursday, August 21st. The company reported ($5.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.63) by $2.76. The company had revenue of $8.01 billion for the quarter, compared to the consensus estimate of $8.13 billion. During the same quarter in the previous year, the company posted ($1.70) earnings per share. The company’s revenue for the quarter was down 9.7% on a year-over-year basis. On average, analysts predict that Sears Holdings Corp. will post $-9.50 EPS for the current fiscal year.
Sears Holdings Corporation (NASDAQ:SHLD) is a retailer with 2,172 full-line and 1,338 specialty retail stores in the United States operating through Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears) and 500 full-line and specialty retail stores in Canada operating through Sears Canada Inc (Sears Canada), a 95%-owned subsidiary.
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