Kirkland’s, Inc. (NASDAQ:KIRK) CFO Nicole Allyson Strain purchased 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average price of $2.30 per share, for a total transaction of $46,000.00. Following the acquisition, the chief financial officer now owns 145,069 shares of the company’s stock, valued at $333,658.70. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of NASDAQ KIRK opened at $2.27 on Wednesday. Kirkland’s, Inc. has a 12 month low of $0.56 and a 12 month high of $3.70. The firm has a market capitalization of $33.07 million, a PE ratio of -0.61 and a beta of 1.05. The firm has a fifty day simple moving average of $1.48 and a two-hundred day simple moving average of $1.19. The company has a current ratio of 1.31, a quick ratio of 0.50 and a debt-to-equity ratio of 3.27.
Kirkland’s (NASDAQ:KIRK) last posted its quarterly earnings data on Thursday, June 4th. The specialty retailer reported ($1.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.52) by ($0.77). Kirkland’s had a negative net margin of 9.39% and a negative return on equity of 39.72%. The firm had revenue of $77.25 million for the quarter.
A number of hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its holdings in Kirkland’s by 75.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 942,633 shares of the specialty retailer’s stock worth $1,169,000 after buying an additional 405,275 shares during the last quarter. KBC Group NV bought a new position in shares of Kirkland’s in the fourth quarter worth approximately $38,000. Renaissance Technologies LLC lifted its stake in shares of Kirkland’s by 3.8% in the fourth quarter. Renaissance Technologies LLC now owns 1,076,700 shares of the specialty retailer’s stock worth $1,335,000 after buying an additional 39,400 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in shares of Kirkland’s by 1,100.0% in the first quarter. Sunbelt Securities Inc. now owns 26,400 shares of the specialty retailer’s stock worth $34,000 after buying an additional 24,200 shares in the last quarter. Finally, UBS Group AG lifted its stake in shares of Kirkland’s by 220.2% in the first quarter. UBS Group AG now owns 55,242 shares of the specialty retailer’s stock worth $43,000 after buying an additional 37,987 shares in the last quarter. 35.16% of the stock is currently owned by institutional investors.
Kirkland’s Company Profile
Kirkland's, Inc operates as a specialty retailer of home décor in the United States. The company's stores provide various merchandise, including holiday décor, furniture, art, fragrance and accessories, ornamental wall décor, decorative accessories, mirrors, lamps, textiles, artificial floral products, gifts, housewares, outdoor living items, frames, and clocks.
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