The stock of Sears Holdings Corp (NASDAQ:SHLD) is a huge mover today! About 1.17M shares traded hands or 104.27% up from the average. Sears Holdings Corp (NASDAQ:SHLD) has declined 39.76% since February 26, 2016 and is downtrending. It has underperformed by 50.18% the S&P500.
The move comes after 8 months positive chart setup for the $1.22B company. It was reported on Oct, 1 by Barchart.com. We have $15.48 PT which if reached, will make NASDAQ:SHLD worth $427.00M more.
According to Zacks Investment Research, “Sears Holdings Corporation, the parent of Kmart and Sears, Roebuck and Co., is the leading home appliance retailer in North America and is a retail sales leader in tools, lawn and garden, home electronics, and automotive repair and maintenance. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad apparel offering, including such well-known labels as Lands’ End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and Covington brands.”
Insitutional Activity: The institutional sentiment decreased to 0.79 in Q2 2016. Its down 0.21, from 1 in 2016Q1. The ratio fall, as 31 funds sold all Sears Holdings Corp shares owned while 36 reduced positions. 16 funds bought stakes while 37 increased positions. They now own 72.78 million shares or 3.02% more from 70.64 million shares in 2016Q1.
California State Teachers Retirement System accumulated 0% or 23,607 shares. Manufacturers Life Insur Company The has 0% invested in the company for 11,402 shares. Rbs Partners Lp has 22.34 million shares for 29.86% of their US portfolio. D E Shaw And Communication reported 43,157 shares or 0% of all its holdings. Tci Wealth Inc holds 0% or 37 shares in its portfolio. Checchi Advisers Ltd Liability Corporation, a California-based fund reported 106 shares. California Public Employees Retirement System last reported 0.01% of its portfolio in the stock. Tower Research Capital Ltd Limited Liability Company (Trc) holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 3,551 shares. Panagora Asset Mngmt reported 6,380 shares or 0% of all its holdings. Goodwin Daniel L has 0.11% invested in the company for 25,000 shares. Qs Investors Lc holds 20 shares or 0% of its portfolio. Art Advsrs reported 36,667 shares or 0.02% of all its holdings. Blackrock Investment Mgmt Ltd Com, a New Jersey-based fund reported 43,910 shares. Citadel Limited Liability Com holds 12,901 shares or 0% of its portfolio. The Nevada-based Whittier Tru Com Of Nevada has invested 0.01% in Sears Holdings Corp (NASDAQ:SHLD).
Insider Transactions: Since April 6, 2016, the stock had 4 insider buys, and 2 insider sales for $7.53 million net activity. Another trade for 57,261 shares valued at $821,267 was bought by LAMPERT EDWARD S. $367,538 worth of shares were sold by FAIRHOLME CAPITAL MANAGEMENT LLC on Wednesday, April 6.
More notable recent Sears Holdings Corp (NASDAQ:SHLD) news were published by: Fool.com which released: “The End Is Quickly Approaching for Sears Holdings Corp.” on September 21, 2016, also Fool.com with their article: “Eddie Lampert Has to Step in and Save Sears Holdings Corp … Again” published on September 01, 2016, Fool.com published: “Would Sears Holdings Corp. Have Anything of Value if Eddie Lampert Sells These …” on June 11, 2016. More interesting news about Sears Holdings Corp (NASDAQ:SHLD) were released by: Fool.com and their article: “Why Shares of Sears Holdings Corp Have Slumped 37% in 2016” published on June 29, 2016 as well as Nasdaq.com‘s news article titled: “Commit To Purchase Sears Holdings Corp At $3, Earn 22.3% Using Options” with publication date: September 26, 2016.
SHLD Company Profile
Sears Holdings Corporation, incorporated on November 23, 2004, is an integrated retailer. The Firm is the parent firm of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). The Firm operates through two divisions: Kmart and Sears Domestic. It also offers Shop Your Way, a member social shopping platform that offers rewards and personalized services. Shop Your Way connects all of the ways members shop-in store, at home, online and by phone. The Firm is the home appliance retailer, as well as offers tools, lawn and garden, fitness equipment, automotive repair and maintenance. The Company’s brands include Kenmore, Craftsman and DieHard. It also maintains a range of apparel and home offering, including labels, such as Jaclyn Smith, Joe Boxer, Route 66, Cannon, Ty Pennington Style and Levi’s and also offers Lands’ End merchandise in some of its Full-line stores. Additionally, it offers the Adam Levine and Nicki Minaj collections in approximately 500 Kmart stores and on shopyourway.com/kmart.com. It is also a well-known provider of home services, with over 10 million service and installation calls made annually.
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